There are many factors influencing the value of property. Besides "buy low & sell high", the next most quoted statement is "location, location, location". While location is important, it's not the only factor that determines the actual value of a property. One objection when I look at investment property is to not only assess the current value of the property but also to assess its potential value.

If your name is on the title of your home, you are a residential investor. Many people do not consider themselves investors unless they own property other than their own. If you purchased your home in as little as 6 months ago, you can see the value of your home appreciating. It might not be appreciating as fast as before, but the value is definitely a bit higher. And that's all it takes to be a smart investor - being able to sell property for more than purchase price.