I have been successful with my own properties in the past and was able to capitalize modestly on the boom we had in Denver during the 90's, but I am not in a position to invest at the moment.

You write a check - and boom, they fall over dead."

I want to learn from someone who has experienced more than just the boom end of a cycle: Someone who is probably too busy investing to be running a seminar business.

Howdy Brian: bet business is booming for you!

I have heard that texas was undervalued and is now only at a reasonable level, but I've also heard that Texas can not support its current prices and is a "boom and bust" state that was at the tail end of the boom and may starts its correction much later as well.

After some time passes (remember it could years away) they give the accounts to collection agencies, both the forgiven ones as well as the ones where the lender retained the rights to sue and they et the collectors chase them all.

It seems like many people felt that if everyone believed the real estate market boom would never end, that belief would keep it going forever.So while there were some warnings were made of this coming bust, those warnings were either ignored, or silenced.Similar to what happened before the Great D.

Common sense tells us no, but investors actions during the boom shows us that many believed it was possible

That's what they say everytime there is a boom or bust - EVERY TIME.

Way down toward the bottom of this page.In other posts I've made the prediction that some places will never again in our lifetimes see prices where they were during the boom.