Reno home Investors: Keep a close eye on the boy who cries wolf in order to win in the Reno real estate market

The lessons I've learned through the story of the boy who cried wolf did not end after I turned eleven.   

Life, as part of the journey is not lacking in shady characters.  Some are deliberately willing to hurt, while others are just sincerely wrong.  I personally think the latter is the more dangerous. 

Observing the Reno real estate market for over half a decade now has taught me some valuable lessons.  People are quick to cry wolf on the market, "buy now, sell now, now is the time to invest!"

For the past two years I've personally heard real estate professionals confidently say that, "the Reno real estate market has bottomed."  Not surprisingly, they were wrong.

And the startling revelation is we usually choose other person's opinion and advice than do the work ourselves.  Especially if it's something we know little of--financial investments. 

"The common people of America display a quality of good common sense which is heartening to anyone who believes in the democratic process."

                                         -George Gallup, Founder of Gallup Poll

I'm not suggesting that we become an isolated-DIY-person.  Far from it.  Quite to the contrary,  gather as much information as you can--be inquisitive.  Get all sides of the story. 

For example:

If you're a first time home buyer in Reno, talk to an aggressive investor who thinks the world of flipping homes but also talk to that older fellow who believes in paying off your home in fifteen years. 

Your goal is not to follow one advice.  The goal is understanding.  

When you have done your homework of understanding for yourself what's happening, you'll easily pierce through the b&%sh--it.

And here's my promise:  "It ain't that hard."  It really isn't.

Start with the basics--Reno real estate supply and demand, Reno Foreclosure reports, Reno real estate in the last six months.

..."And life will become a romance"