The Wall Street Journal reported today that, “the housing market has turned – at last.”

At least according to this Wall Street Journal article.http://online.wsj.com/article/SB10001424052702303644004577520414196790098.htmlSo now we know where we are, right?

So, just based on that sort of concept of capitalizing on every available asset, I am kicking around the idea of getting another rent out of the duplex and turning it into a triplex.

Kevin and I chatted, he was very helpful, and I brought the concept to my local partners.We decided to follow that model of free networking events, and started creating the Black Diamond Real Estate Investors starting with our first meeting in Waltham, Ma.

Want to make sure I'm fully grasping the concepts and calculations so that I can better analyzie future deals.

This concept works best with inflation.If prices fall or stay flat than going slower, saving money and prepaying loans makes sense.

I understand the concept of OPM and utilizing hard money lenders to fund an investment purchase, I guess it all comes down to networking and getting to know the right people to actually make it happen, as is how it works in any field/industry.

I think the general conception of the market is a bit mislead.

I am skeptical but interested in what he had to say so I was wondering if he is just a person trying to sell his get-rich-quick program or do concepts like that actually work in practice?

They are pretty much the same in concept.