Don't count on appreciation, rather treat it as icing on the cake.

The disadvantages of it are that the risks you're taking (and that I outlined in my original post) and the fact that it's gonna take more time until you can earn some rental income.I don't know about you but, if I can, I like to have my cake and eat it too.

.- Compare to 2010, there're more agent:home sale ratio at 2024 compare to 2010- while the number of homes being sold is reduced heavily from 2020, number of agent increases from 2019- now the cake is even smaller due to NAR lawsuit- investors are also buying less

I've heard it said that cash flow is the cake and appreciation is the icing but it's been the exact opposite for me.

Brace yourselves for the icing on this already delectable investment cake.

I have seen many assumptions made by others on this platform, but this one takes the cake to the fullest!

It is not a cake walk and the less you have the smarter and harder you have to be and work.

Regarding appreciation, it is always icing on the cake but you should never bet on it.

Appreciation is the icing on the cake.... not the cake itself.Dont sink more DP into a property to buy "cash flow".... the only time you want to go with a higher DP is if it is needed to get better terms on the loan like lower interest rate, no PMI etc....otherwise keep your $$ and use the banks money 

I just smile because it's a cake walk for me.