My question is:What are some of you doing to offset these astronomical prices?

But if it was for eachmonth, then welcome to the Texas Summers where theAC bill each month is astronomical.

In LA you have to screen the heck out of your tenants, but the good news is that the demand is astronomical for well located product and people can't afford to buy so the tenant pool is generally much better than in lower cost markets.Like I said, I am ready to diversify though.

Some utilize cost segregation depreciation to virtually guarantee passive losses even with astronomical cash flow in the early years.

Real estate markets are carefully monitored by local investors in any market no matter how much of a dump the location may be.Could be a cloudy title (contested ownership), astronomical tax liens, unpaid bills tied to the property, major deferred maintenance, or any number of crazy things going on.Call a reputable company in the region and a full appraisal or two can be done for 2-400.

However in light of all of the changes in the mortgage industry, and the astronomical rates of fraud and default, I would advise against testing the lender.

Everyone has heard that oil companies don’t want us to develop alternative sources of energy because of the astronomical amounts of revenue and profit that they stand to lose.

The chances of your house burning down are very low and if you have multiple properties the chances of them all burning down at the same time is astronomical (assuming they are not right next to each other).

We could have made MILLIONS selling the cheap crap houses here in Memphis and made the returns look astronomical by doing less work up front and keeping price points low.

Depending on the terms, the property would cash flow, as long as the repairs are not to astronomical.