I should premise this by saying I do have 2 condos I bought in the crash and I do have them rented out.

Did we not learn from the 2008 crash the importance of honesty?

Purchased a SFR with savings and followed up by using the FHA program for a duplex I live in now.Went in for some sweet equity and took half the walls down to the lathes on one side (old plaster home) and like many... got a crash course in DIY.

The housing market could crash again, but you would be in a position to ride it out if your properties were generating positive cash-flow.

Rich Dad Poor Dad (Favorite book)Cashflow QuadrantGuide To InvestingThe Ultimate Beginner's Guide to Real Estate Investing (was my 1st pure real estate book)The Art of DealThe ABC's of Real Estate InvestingThe Unofficial Guide to Real Estate InvestingThe E-mythThe Power of Positive ThinkingThe Magic of Thinking BigThe 7 Habits of Highly Effective PeopleThe 21 Irrefutable Laws of LeadershipAwakening the Giant WithinYour Erroneous ZonesThe Power of NowEmotional IntelligenceThink and Grow RichStart With WhySlight EdgeThe Compound Effect48 Laws of PowerThe Wealth of NationsThe Art of SeductionThe 5 Love LanguagesThe Art of StartThe Crash CourseBusiness Model GenerationSecrets of the Millionaire MindThe SecretThe Art of WarEmotional Intelligence The Psychology of WinningThe 4 AgreementsThe Richest Man in BabylonThe 7 Spiritual Laws of SuccessThe monk who sold his FerrariA whole new worldYour Erroneous ZonesAs Man ThinkethEat that FrogI read Rich Dad Poor Dad and I quitted from College in 2012 (I started in Real Estate in 2007), I was about to start a degree on Computer Science with a minus concentration in business administration.

The crash.

Family got into real estate after the crash and we have been acquiring mostly buy and hold properties ever since (23 and counting)Technically I guess I'm a real estate broker now but I mostly do SOI deals and investor deals for myself and other fellow investors but it's mostly a fun side job that anything else.Really looking forward to getting to know everyone and learning!

Since the real estate crash of 2008, lenders have gotten tigher with their cash out lending.

Prudent Bear (BEARX) is up almost 40% for the year.Although if this uptrend in the market is going to continue I'll have to move it untill we crash again in late "09" early "10"

That puts the dot com crash to shame.What are the practical effects?