I could make further arguments about the disparity in value creation, real estate as an effective inflation hedge and the differences between a hard asset and a paper one or the differences in violitiliy and speculation.

I don't speculate in business or life and neither will any of my clients (if I have anything to say about it)...Regards,Scott MillerOriginally posted by "mwarden":Originally posted by "EZLoanz":This is something that we are just going to disagree on---Gross Rents x 50% provides an estimated NOI---using of REAL NUMBERS (like real numbers from tax returns, operating statements and historical data) yields a REAL NOI...Sure.

Maybe you can at least educate them on the difference between an "investment" and "speculation".

That's going to happen more than ever in the current market.Will,While your statement about the past is true and your speculation about the future is likely I think it misses the point.Ohio Realtor's post very clearly spells out the issues for a lender holding property that they do not need for current operations.

Investing assuming appreciation is speculation.

Is this a speculation play on appreciation?

(all speculation I assume)Apparently, he also has Iranians running his oil refineries, which could lead to adopting thier long range missle technology, if they havent already.

You'll get more out of a lender if they have more respect for you, if you know the game, you know their position and yours, show a win-win that is solid and not on speculation and positive things can happen.

Ask all the speculators how 2009 treated them.There are lots of ways.

But lots of unknowns in the future with healthcare, kids, how expenses really change without a 9-5.On track to hit $1MM net worth, that is the current most compelling goal.As far as number of units, I'd like to think that our portfolio will be completely different in 15-20 years, with fewer higher quality units, so hard to speculate on that.