For these past few years, I've been amazed at the number of Californians who report being thrilled to buy $75K houses with $800 rents or $120K houses with $1100 rents out-of-state.

Hello All,I was thrilled to find this community while doing a  search of print resources for REI.

Dear Bigger Pockets Friends and Colleagues:I'm thrilled to announce that my company, Two Bridges Asset Management LLC, of Brooklyn, New York, just completed its second transaction of the year, a 132-unit residential rental property in Simpsonville, South Carolina, known as the Village Park Apartments.  

That roof job was not cheap.It's up to you if you want to gamble a low ball offer w/o knowing what kinds of sins are underneath that roof and tile.Can you get work done reasonably or will you get held up by high priced contractors?

I would never jump off a building with a parachute, but lots and lots of people find it to be quite the thrilling sport.I've purchased lots of houses where the seller walked away from $100K or more.

I am not saying people do not make money in stocks I just see those more of a gamble.

Only hold onto it long enough to break even and then sell.Even holding onto a property until the market recovers is a gamble in profits vs. loss.

For now think of investing dollars instead of exchanging dollars as a gamble -- the first factor.The second factor is that when a nation's currency becomes worth less, the value of the goods and services of that nation start becoming a lot cheaper to a foreign buyer.

I'm making a decent profit, especially for my first one and the buyer is thrilled.

To bet on appreciation is more closely akin to gambling than investing in my mind.