If you think you can buy a property in Detroit, or Cleveland for that matter, that's going to make you more money in long term appreciation than a property in Miami would, you've got to be a drunken idiot.I don't pretend to have a crystal ball.

Quote from @Crystal Smith: Quote from @Don Konipol: 1.

Here is a quick run down of the different areas around the lake in regards to STRs: INCLINE VILLAGE & CRYSTAL BAY, NEVADAAs of right now, a permit is required, but there are no caps.

Quote from @Crystal Smith: Quote from @Jaekwan Lee: Hi, I just start getting to know investment after reading a house hacking book and I really want to begin the journey of expanding rental real estate.

My rehab cost crystal ball is broken; I intentionally broke it 20 years ago.

@Crystal Smith, I appreciate your feedback.

No one has a crystal ball.  

If only I had a crystal ball!

Great post Golan,I have always been of the belief that appreciation is more speculative and unpredictable.Nobody has a crystal ball to predict the future.Cashflow is more "certain" and based of the numbers as they are today rather than forecasting what might happen in the future.You take the income vs the expenses, plus including a margin of safety for misc expenses and then you look at the bottom line.If the numbers make sense, the deal is worth pursuing further."

Hi Crystal.