Newbies/Lurkers: What is ACTUALLY keeping you from diving in?

[Adam Detig]

For me, I have been a lurker on BP for about 4 months now. I've been reading every book I can get my hands on and burning through podcasts. I knew when I first got on the site, I would be moving across the country within a few months, so that kept me from diving into my local market. This week is the first week of being settled into my new home in Lowell, IN (shout out to Northwest Indiana Investors). Having the dust and chaos of moving finally begin to settle, I realized that I have no more excuses stopping me from diving in and learning first hand. I am eager (and finally able) to get started, get active, and broaden my horizons.

So BP, what is actually keeping you back?

[Jonathan Twombly]

@Cody L.  In all the big cities, investors (and normal homeowners) are competing with foreign flight capital whose objective is not to make money, but to avoid 100% expropriation by local authorities.  So even losing money is okay for some of these investors.  It's all about capital preservation for them.  So they will outbid any investor who's in it to make money.  And this money has pushed the local money into out of state markets where it never would have gone before.