the worm has turned

[Jay Hinrichs]

now that the honey moon period is over  IE post GFC  08 to 2011 melt down and RE has start to balance out.. back to what was in my day a normal market  IE deals had to be gotten not just plucked off the trees

what are you doing to adjust to the new times... Its not going to get any easier ... Sub prime foreclosures are gone... Liar loans have basically been flushed through.

It seems like only the strong will survive...

Any thoughts ?

[Matt R.]

@Jay Hinrichs

When you think about it most of the existing housing was designed to be lived in and not necessarily designed as an investment like commercial properties or land developement are. The serious deal seekers and commercial players are nomally the ones that actually make a full time living/profession in this field. Typically the rest will get their asses handed to them over time. The ones who have played in the right locations will be some of the exceptions. It is unlikely a newbie now buying a far flung turnkey for example will come out better off than a simple index fund average. The real pros like yourself and this Bp gentleman below are the kind of folks we need to pay attention to make it now.