My father even brought me along to ask for private money lending at peoples homes. 005 bought my first home in Louisiana, turned into a rental and moved to Fort Worth Texas and bought my first brand new duplex in 2008.Educated myself and bought real estate investment courses and settled on Armando Montelongo‘s flip this house completed that course and bought my first 2 fix and flip in 2009 sold one in 2009I did not farewell during the housing market crash, simultaneously lost my job due to the Event Horizon oilfield disaster.My lovely wife and I now purchase real estate in San Jose Del Cabo Mexico with our cash and build with our money as well.

That is how real investing is done.Read on for more insight...The Real Estate Crash of 2008-2010 caused real estate prices to crash across the country - but didn't affect rent amounts.

If you’re near the Newark airport you can set up a pilot crash pad.

But if you wanted to do an entire project with cash, I'd say you'd not want the entire project cost (purchase + rehab) to exceed 100k so your choice in projects is much more limited and also now if something goes wrong like the GC sucks or the market crashes, you are leveraged out 85% of your entire bankroll.  

There will be stagflation MSA's, there will be appreciating MSA's, some declining MSA's and some MSA's that will look a lot like iterations of a crash or collapse. 

This is a lot of land so also keep in mind the logistics of how guests will arrive to their respective sites, parking, guest interaction, etc.

My business partner and I arrived to Moon Palace a couple hours ago!

Arriving today.

Thankfully we don't get to many bookings on VRBO and always respond within 1-3 minutes of the message arriving. 

the homes were selling for 120 to 160k  at that time .. same homes sold for about 20 to 30% higher a decade before.. then as we know Detroit had one of the great crash's and just like your buddy at 3k a home many of these homes went down to the teens etc.. and have just been crawling back I dont believe the values have ever gotten back to their historic peak.. maybe one day.. but not today..