I am in the market for a home and I have come across one that I have fell in love with.

Actually Uwe I don't have a working area in Multi's this property just fell into my lap.

I like real estate for the opportunity that it provides.Some of my investor buyers for my listings have multiple stock accounts they pull from to purchase real estate.Personally I like real estate because it is a tangible asset.I don't like the idea of paper to be worth 100 one day and 10 cents the next.At least with a property barring and act of God or some other strange occurrance I will have a tangible asset to sell.I know some will say but if you bought at the height of the market you would be upside down on that tangible asset.I didn't buy anything back then.I saw many people laughing and making money refinancing and to be honest I did feel like maybe I was missing out.I waited on now I am so glad that I did because many of those same people laughing with joy are crying in pain.Stocks just like real estate is something that if you just dabble in it you can lose everything.The sexy part of stocks just like real estate is to make money quick but many more lose than win.The losers aren't talked about much but the few winners are pumped up to sell marketing and courses to extract money from the herds.For my honeymoon years ago we went to Tennessee.While there my wife had an adverse reaction I think to the make up used at the wedding (she has sensitive skin).So we went to a local doc.This guy was really nice but old in his late 80's.We started chatting up and he said it was just a reaction to something and gave her a shot.I talked about real estate.That's when he said him and his wife had put all of their retirement in Enron stock and had it for awhile then BOOM the bottom fell out and they lost everything.He had to come out of retirement and open a practice again in his late 80's to make ends meet.That scared the hell out of me and made me stay away from stocks.I might eventually buy a small amount for a long term hold but I am not into risk with stock market.I have seen too many people see big dollar signs with their eyes and lose their shirts.

I am doing a lot of research and reading right now on all things real estate so I will hopefully be a valued wholesaler in the market here until I am ready to try my hand and buy and holds.Also, who knew my property management experience would come in so handy when I fell into the job in college!?!?

I lasted until the Spring of 10 and it all fell in around me (for many reasons).

This year, and total.How many deals fell into foreclosure.

I think that I fell victim to this when I was getting started as well.

We just got a call from her saying she has to back out because her "other job fell through, " and she did not think she could cover the rent and the utilities.Yes we do extensive credit checks on all prospective tenants.

I thought it automatically "fell off" or you just called your lender when you thought you had enough equity in the home and they would drop the PMI if you did in fact have enough equity.

Fell free to message me if you want to discuss anything else.