Its not like a bank loan were interest is charged on borrowed funds.. some of the bigger WEst coast HML because of massive competition for borrowers are having to resort to only charging on extended funds. 

Six years after I quit, my hubs finally agreed to letting me start vaping because I was still dealing with the psychological addiction of smoking.  

The market is frothy and young professionals see their parents massively in debt and their ultimate aspiration was to leverage their entire life into a crap box.

Like most of you reading this I realized the massive potential of real estate and thought “Wow How do I get started”.

It doesn't matter if you are young or old, totally new or need to build upon your experience.Yes, you have just announced a commitment to the thousands in this community about your seriousness regarding REI and have taken this bold step to affirm it.Your time on this site and with the BiggerPockets community will be well spent and can be financially rewarding if you so desire.You are here at the Forum, but, should raise your mouse to the top and explore the otherheadings displayed.Don't get overwhelmed by the massive amount of data archived on this site.Simply, bone up on the areas that you need to expand knowledge in such as, Forums,Marketplace, Learn, Network, Analyze, Resources.Feast on the Podcasts, #askbp Podcasts, blogs, webinars and the myriad of bookrecommendations.Also, you can review the quick links below to help solidify your grip on this site.http://www.biggerpockets.com/starthere http://www.biggerpockets.com/ubg http://www.biggerpockets.com/meet Setting up Keyword Alerts How to Use @Mentions on BiggerPockets 25 Tips for Real Estate SuccessAfter becoming more knowledgeable and confident because of my above suggestions, take action to snag your first real estate investment deal if new or add to your existing holdings if you have prior experience.Don't get caught up in analysis paralysis.You must immerse yourself in the RE marketplace locally in your neighborhood or afar if the situation warrants it.Take calculated risks if needed and you shall be rewarded!"

Student loan debt is a massive problem and a good point that I did not consider.

48 acres is massive.

I just realized that even though I've been here 6 months, I still haven't properly I introduced myself. my name is david miller. i'm an editor and media producer living in Asheville North Carolina with my family. a month ago, I closed my first deal--a fixer-upper that was dead center in my target area. it was also off market, and I was able to get with owner financing. asheville is a very hot market, and I absolutely put to use everything I've learned here over the past six months. it took me four months to find and close that deal.anyway, i'm so stoked to have found this community, and massively appreciate everyone is taking time to help a total newbie. in the time since this deal I 've gotten a great remodel project underway (following Brandon's eponymous BRRR strategy) and continue to look for new deals--the latest an asheville note i've bird dogged and am trying to find an investor for it (message me if you're interested). thanks again for being so helpful everyone, and please feel free to connect with me. david

This house in particular had a massive termite problem that I failed to find on inspection (wouldn't of changed my opinion on buying the property anyways, just gave me a whole lot more work then I had hoped for).Glad to finally be done with this one and I am excited to start on the new one that I closed on a few weeks ago.

There are great opportunities here but "raining gold" could be a massive overstatement.