It is a bit different with residential buyers of single family homes where it isn't the profit that gets squeezed with an increasing interest rate, but raw affordability.I would agree that rising rates will not create a dramatic uptick in foreclosures, although there will always be some newbies who structured their deals in a way where they won't be able to afford rate hikes.Other than being rich and buying things for cash instead of financing (or being the financier), you might use rising interest rates to your advantage in convincing someone to sell their property to you now instead of later when values may be lower due to higher interest rates.I'm not an economist, my opinions are just amateur ones.

I told him it's because they are all amateurs and have no idea what they are doing, that is why he was talking to me.

Because when a lot of amateurs got into this game without a plan, they about ended the world as we know it.  

Check with your tile guy on all this, I am just an amateur that assists the pros sometimes.  :-) Shower- easy to find a 32x32 or 36 shower "all in one" (base/walls/door), most of them are corner style, and also you could buy one that has just the base and the door and you have to build the walls around it (and tile with same tile as the walls).  

I guess there is a winner and a loser for every trade, but the amateurs or semi-amateurs often get wiped out.   

I am about to sound like an amateur, prepare to laugh at me....For the first time, I am thinking about not including CapEx in my Cash Flow Analysis.

I think for an amateur graphic designer, less text on the cover image is preferred.

I think combining buy-and-hold investments with flips to generate cash is the sign of an amateur.

Said house was overpriced and some amateur was happily paying it.

I'm like upper-amateur level and none of the content I've gotten into yet sheds light on Auctions.