Warren Buffet quote is short but extremely eye opening

You don't need a loan calculator to see what's the better option for most households.For Boomers and Gen-Xer's, many in the Bay Area have recently inherited a property from their grandparents that was originally purchased in 1950 for next to nothing, and are shocked that the rinky-dink little home they grew up in is worth over $500k, so they are choosing to sell and take the massive windfall out of the state or to more affordable surrounding counties like Sacramento, San Joaquin, and Stanislaus.

But please make sure you fully understand what it is and how it works before investing.I think it was Buffet that said, "Never invest is anything you don't understand".

I skip trowel my ceilings, which is a massive pain, but covers up the imperfections) unless I was receiving lots of feedback that it is so terrible that the unit will not rent unless it is removed.Better places to spend my time, effort, and money in the landlording business.

It turns out that at the biggest school nearby, someone built a massive apartment complex for college students right next to campus which is popular among students for living off campus.

You too may agree and even think that it is so obvious that it doesn't need to be stated, but common sense is not so common, especially among newbies ... we've seen what taking the "leverage is always good" argument to the extreme can do in markets ... my favorite quote on the subject is from Warren Buffet: "When you combine ignorance and leverage, you get some pretty interesting results."

The cottage is a full gut job and has a massive mold issue throughout.

HI Darrell, You can certainly make offers sight unseen, however, it's a good idea as a newbie to go and see it for yourself as everyones opinion of a cosmetic rehab is different, however, if you already have buyers that purchase in that market and you know their price points for purchase, make the offer and then it can always be tweaked after inspection if necessary.Good Luck and remember to take massive action as that's how you learn! 

That number is largely due to office projects that have not yet been completed from previous years, including the massive $1.2 billion One Manhattan West office tower in New York.Keep in mind, however, that the current construction of 138 million square feet was nowhere near the 200 million square feet in the 2000-2001 year.

There is probably a more professional way to solicit advice but,  I'm new and am overwelmed with the massive amount of knowledge available here on Bigger Pockets.Just wanted to meet other likeminded folks in my local area.Thanks very muchGod BlessSincerely,Steve