Dan This may not be a popular opinion, especially because a number of people on these boards are agents who rely on real estate sales to earn a living, but I wouldn’t buy any real estate right now.The stock market is way way way down and if you look at historical charts of the stock market, whenever it’s way way way down, it almost always doubles or triples within the next few years.Unless you think that Apple and Google and Netflix and Amazon are going out of business (hint: they aren’t), then you realize that the stock market will bounce back over the next few years with tremendous furyI was sitting on a bunch of cash that I was going To use to buy my next vacation rental, but instead I am dumping it all into the stock market so that it doubles or triples over the next few years and then I will take that huge amount of cash and buy a bunch more vacation homesRight now I wouldn’t buy real estate unless I found something that is way way way way way down in value, like 50% down,.

I hope you're right about things bouncing back!

If I can ever serve you as an agent when you get ready to buy, even if just by answering some questions or bouncing some ideas around, please let me know and I would be happy to help!

I am hoping through connecting that we can form a beneficial relationship for both parties and bounce some ideas off of each other. 

I am hoping through connecting that we can form a beneficial relationship for both parties and bounce some ideas off of each other.

So if Las Vegas gets hit hard, it could experience both solid cash flow and good appreciation as it bounces back (hopefully fairly quickly).I would still recommend San Diego though because it is where you will be located. 

Well, as you can guess the situation went very south, the stranger turner out to be a "professional squatter", we know this because he spoke to the neighbors and bragged about the fact he just bounces from person to person taking advantage of the weak and nieve to gain squatter rights by them inviting him into their rented units. 

If you ever want to bounce ideas off of each other, let me know!

Some think oh this won't affect real estate or real estate will bounce back in 2-3 months.... there are already threads for that so I'm not trying to get any opinions on the future of real estate.

Your check returning the funds to them clears before you find out that theirs has bounced, and voila that's the way the scam works.