Loser was me with invested capital for one year and i could have made 19 percent parking in a S and P fund lol reality is this will never stop as long as people think the way to financial freedom Is rental properties at any cost with no context to risk,  and as soon as they get 20 to 50k in their jeans they launch.. they end up in this asset by default..and of course they simply have no clue as to the struggles of being a LL in low end rentals.. believe me if I thought I could make money at it in the long run I would never have sold the 350 homes I had.. easy to buy .. but just like a boat the happiest day in my life is when that escrow closed and I walked away..  

Originally posted by @Russell Brazil:@Jay Hinrichs wife is an agent in Portland, likely with that experience. thanks Russ  we don't work with one off lot buyers..but I can answer the questions generically. hookup fees are 25 to 50k in this market. so pic and average and your fine.other than that as long as your utls are to the lot and its a legal lot of record your good to go.LOTS are sought after in a big way.. pretty tough pickings for individuals to beat the builders out if they do means they paid full boat retail and maybe more.. 

(If anyone has been in the same boat as me please share ideas for saving for multiple events.)

I was in the same boat as you when I started in Hagerstown.

The simplest way of putting it is that you missed the boat!

@Natalie HahnI think you've kinda missed the boat for the Bay Area to be honest... people are moving OUT of the Bay Area into the Central Valley (Stockton) and Sacramento.Sacramento is #7 in the nation for Rent Growth in the country:https://www.bizjournals.com/sacramento/news/2019/01/10/sacramento-is-7th-on-list-of-top-rent-growth.htmlMakes sense, as everyone coming from the Bay Area is used to paying WAY more for housing, so everything in the central valley looks like a screaming deal. 

Not rocking the boat.

I am paying all cash for my LTR, my STR is a lake house and for me it is doing much better than breaking even which was my goal since I keep my boat and jet skiis there and can use them when we are there doing maintenance.I can find houses for pennies on the dollar that I can fix up and get 1k / month rent.

In same boat as Jim. 

Hi Nicole,I think I was in the same boat as you not long ago.