The hardest thing to do, is nothing. From a personal perspective, doing nothing is boring and a waste of time for me. From a business perspective, doing nothing feels the same. Everyone I talk to says save you money and wait for the bottom, then buy as much as you can. I have seen some really great deals and it is hard to “do nothing.”
Patience is a great tool. I don’t have much patience but I am learning the value of it (slowly). I think the best bang for my buck will be to wait on the market a bit more, but finding things to occupy my time is hard. I have been doing lots of research and prepping for the right time. I am looking for key words when viewing land, “Very Motivated Seller” or “Bring Offer” or “Short Sale.” I think the best thing to do is prep for the run up, because being late or cash strapped on the turn around is not a good look.
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