‘imagine you were looking to buy something personal like a shirt, or a watch.

The better parts of Dayton proper have been on an absolute tear price wise with average list prices roughly doubling over the last two years for the areas I own and watch closely in 45404 and 45405.

For whatever reason I think the idea got out there that you get $10k, buy a house, refinance all the money out of it, and end up with a portfolio of 10 houses leveraged at 80% or more and just sit back and watch the bucks roll in and quit your job.

I will watch this and see what i am coming up with. 

The lady is a radiologist who was trying to help her friend who had an eviction and she signed the lease for him and he co-signed.

It saddens me because the neighborhood is going to have to watch this house degrade further over the next couple years if it sits in REO limbo.

I have recently been educating myself by reading books, listening to podcasts, watching YouTube videos, and attending workshops.

Luckily it is easy to spot under some scrutiny.Most people here just use Airbnb and VRBO and they collect and remit the payments for you so you are protected, but something to consider watching out for.

Betting that is going to happen again while new smart participants have entered the market(sophisticated players like black rock) and retail (everyone who watches finance youtube knows about real estate) I think is a foolish bet.

I've boughten courses, read books, and watched videos but there is a ton of information being gatekept.