OfflineSince I am one of the senior members on this site I am not sure that alot of you will get this. The term "The early bird gets the worm" applies in my situation. I have been following two properties for quite some time. I followed one for eight weeks and the price has dropped to one third of what any other property was selling for. I called today...finally...and it is under contract...probably with another of Dean's Investors. At one point it was going for $125,000 and the last price it was offered for was $43,900 and who knows what they offered on it!
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You are so right Tom, timing is an art. Jumping in too early might cost you more than if you waited but not jumping at all (or too late) ... well don't kick yourself too long. Like Dean said on this last clip, learn from your mistake, dust yourself off, and move on.
There are other deals out there just waiting for you to make an offer. As Dean has stated, do not be concerned over what you can't change, only worry about the future deals you can control. Sometimes if you keep looking back you may not see a few gems in front of you. Good luck with real estate investing and we hope to hear about your next great deal. Believe and Achieve!
- Joe
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