He has advised people to take advantage of the recession by investing in assets that will hold their value, such as real estate, gold, and other precious metals.It's important to note that Bet-David is not an economist, so his predictions shouldn't be taken as gospel.

As Jim alluded to previously, syndications will require the least amount of your precious time and allow you to partner with experts who have already payed their tuition which means less operational risk.It also allows for greater economies of scale, more diversification, and higher confidence of higher returns over the next 10 yrs.Good luck @Chad Hack!

Master the Art of Time Management:Time is a precious resource, and utilizing it efficiently can significantly impact your productivity.

@Precious Thompson what are you looking to buy?

  - Local allows you to self manage saving precious dollars that is important when first starting as an RE investor.- Local more easily allow heroics if required.- There are processes that require work that could allow a purchase with no/little money down. 

We really need to try and balance these to things as one is much more precious then the other.thx again for your insight.Chris

I've recently done a couple deals in KC, but the contractors I used for various professions burned me and cost me precious time and money.

Time is precious.

You will waste a lot of your precious time dealing with non-approved contractors. 

If someone is headed down a path or thinking of heading down a path of frustration, little chance of profit, wasting of precious time and resources, and almost zero chance of success, then it’s an act of kindness to point this out in the strongest possible terms.