Hi Forum, I have been reading a number of posts and would love some advice. I am looking for IP in the West and have attended been attending auctions to get a feel for what is happening. The auctions are well attended and generally the properties sell above the expected prices. I am in two minds 1. Do I jump in and pay the going rates or 2. Do I wait until the new year when the Spring frenzy is over and see what happens. I've heard the saying 'the best time to buy is yesterday' but am also confused as the market is so hot at the moment. Any comments would be appreciated.