And lastly, bond traders were betting that Friday's employment data would be stronger than expected.All of the above caused mortgage rates to hit their highest levels in three years.And then the much anticipated Non-Farm Payroll (NFP) data hit on Friday.The market was expecting a reading in the range of 175K to 181K with "whisper numbers" above 190K.

So yes, I do believe that Greed is back in the market stronger then ever, but IMO as long as you do your research on any property your buying and you know they area and your in a strong cash position with low debt that you should be just fine.

Don't be Greedy!!!

Great to see another FX trader coming into RE.

So if I, the investor, have done most of the work, then whether it is a $100K deal or $500K deal, it is up for negotiation.If an agent brings me a seller with a property that fits my criteria, then his/her fee is his/her fee.If in the event, I rehab a property and the agent brings me a buyer, I will reward them with an entire 6% commission (may be less if the property is a high end property).It works both ways.I'm not greedy.

Now of course, someone will say the HOA dues are another expense, they're too much, it lessens my cash flow blah, blah, but, if you invest in a desirable area where people want to live and there are nice amenities offered for the dues, you'll have no problems renting the unit as long as your at the right price and not greedy.

When I first researched this area of real estate, I really thought people were exaggerating on how much money you could make (as long as you are not too greedy either), but I am sure that comes with hard work and I am ready to take the first step.

Even arbitrage scenarios have time from the trader involved.

Investors who are greedy and would rather cover up issues than fix them (they are short term thinkers and don't realize that this will eventually comeback to bite them);3 Investors who don't know any better.Regardless, every rehabber should read your post above.

. :)I'd rather pay the tenant $5 gas money and $10 for the time and have them deposit it, or pay a courier to pick it up across town, before I give anything to that greedy Paypal moloch.