"Well," the cabbie says, "I've always had a fantasy to have a nun kiss me."

Do you own a unique property, property type, or have a fantasy property or project you would like to own?

I use to have these fantasies about the industry until I got smacked over the head by a 2x4 and realized that I know nothing!

For a multitude of reasons, I chose to take a break from this and all other forums for the last few months.During this time, I rediscovered local markets and real life deals far removed from the fantasy land of these multitudes of internet offers.Had a great experience working with a marketing company that put me in contact with dozens of small business owners per week.

I guess so in GAAP fantasy land.Again...all that matters is cash in and cash out of the project.

Almost like a Fantasy Football type game!

Thats probably better than too many cap rate fantasies in the shower...

As for the Buk REO game - you're trying to get into a world of fantasy.

I'm finding this forum really really interesting however a lot of this information isn't applicable to NY Metro area where the 50% rule or even say 20% isn't possible and  just won't apply and seems to be more fantasy than reality.  

If you think properties are available at a 30-50% discount you've listened to the guru's fantasy pitches and need a good dose of real estate reality.