Before we even closed on the house, appraisal came $20k more than what we're paying for it and instantly we knew that we've hit a jackpot, even thou prices locally are soaring high .

@Forrest B.you can "call out" someone on Bigger Pockets by using the @ symbol followed by their name.

Afterwards, I googled the name Bigger Pockets and much to my surprise there was an entire community for real estate investors.....I felt like I had just hit the jackpot!

This is what anyone can see hiding behind many of the arguments of the posts in this thread: "I'm really looking for an excuse to put a lot of money into a ostentatious house in an expensive neighborhood as a symbol of my success and live there while I try to convince myself every day that I'm doing the right things to build wealth because my property is appreciating all the time."

People with 3% loan will hang on best they can and not move.The Fed is not reducing rates in the next couple months, but then an airplane can be crashed into a symbolic building or another pandemic comes along, or something else wild and bad.

Investing in Cleveland is not for the faint of heart, and if a local didn't outbid you then you either hit the jackpot or it's probably not worth a cent.

And again, I think it's more status symbol or some form of ego-stoke, everyone I've asked on #'s of savings etc., not a 1 has any idea, but they have all kinds of answers about how it looks, how cool, modern etc. it all is. 

You have hit the JACKPOT of resources for real estate investors.

Hello BP world, I'm a skilled laborer specializing in Structural Welding and a recent Jackpot Winner looking to invest in my first property flip.

The $50k "C" assets remind me of REIT funds like ticker symbol: AGNC and MORT.