<prompt> Human: Im interested in real estate as an investment option to bring in passive income. However, I am in no rush and am setting this goal for myself for the next 5-10 years.The common adage for stocks is that its better to have time in the market than to time the market. Does this hold true for real estate investment? In my town, we are in a bit of a bubble and housing prices are quite high. Would it be foolish to try and get in now and wait for the bubble to burst, or is it better to just have time in the market and not try and find the best time to buy?I know I have a lot to learn and research, but this was a question that came to my head.  <response>: The common adage for stocks is that its better to have time in the market than to time the market. Does this hold true for real estate investment?No.Time in the market beats timing the market applies to a widely diversified portfolio, not individual stocks. There is no guarantee that any given individual stock is going to go up over time as it is assumed will happen with the market as a whole.Buying specific properties is more akin to buying an individual stock. Knowledge of fundamentals and an informed opinion about the future becomes much more important. 