I think if you are investing in real estate, you can still be looking for a quick buck, but you understand things can take some time to develop. compound interest is very powerful and if you are not in it for the long term, you will likely not be too impressedPeople are too emotional and probably log into thier stock market account too often and play off of those emotions. i am no different, but my stock market preference is dollar cost average for the long term. i do this through index funds and mostly retirement accounts. the stock market is at all time highs and while it had a huge crash, most people got scared away. as the stock market returned, people statring talking more about it. as warren buffet says and this goes for any investment. people want to buy clothes, cars, ect.

So, rain water coming in thru the roof can weaken the ceiling and go into the walls and soak into the carpet with dirty (probably dog poop).

So much of what I see here is emotional investing.

These are emotional retail deals and typically are a liability rather than an asset.

I was emotionally attracted to the place for a few reasons.

Brian Hoyt Absolutely no regrets – wasted emotion.

This is a business, and while having morals and doing the right thing are important, numbers are the key, not emotions.

, and of course don't become so mentally invested in it that you are reluctant to change it or even completely scrap it and rework it as you learn more.The other tip I have is to be smart with your money in life, and make sure your brain always makes the decisions and not your emotions.

Hey BP community,My wife and I are looking for our first home and trying to do a minor flip to get our feet wet.After passing up some good deals, we've found a house that makes sense financially and we like emotionally.

When dealing with HOA's, I've learned to scan everything and e-mail it to the rep, asking her to re-send it to the entire board before the meeting so they have a chance to consider why I am challenging them without my emotion getting in the way like it could at the hearing.