We are all speculating so every thing we all are doing is a gamble.

I must admit, I have a few speculative shekels in it myself.Shelter is one big inflationary data point, driven by yes, lack of supply, and by input costs continuing to rise (contractor labor, HVAC systems etc…)Mortgage rates are likely to stay high as well.

Thus, the speculation of the trading cap rate (the most common way multifamily real estate is valued) is just that speculation. 3.

Speculation is always a key element as well, you cannot be afraid to go for the B/C neighborhood when the marketplace such as the bay area, is so volatile. 

The west coast is expensive and usually speculative market with low to no cashflows especially at the rates we're experiencing right now even if you bought the property at a great price.The mid west states have higher cashflow and lower rates (higher rent to value ratios) but also returns on paper are deceiving with what you receive in real life because tenant turnover is high and tougher tenants also are rougher with your units so your turnover costs are a lot higher as well.

Investors get nothing but coins for their investment and can only receive what the speculative market pays them. 

AgreedFor someone in Grant's case, I'd aim to buy 2-3 very high quality, low leverage property per every 1 speculative, high leverage property.

I speculated that he was wanted by the law, was involved in a nasty divorce, or owed money to some money source that does not recognize Federal Bankruptcy, take your pick. 

U gals are just speculating Need to unwind this how it actually happened and if there was a transfer of title that was or should not have been allowed and if there is insurance for the buyer..

If you are talking cash on cash returns that is a 90th percentile return, and may mean you are hunting for deals that offer high upside but also have much more risk or speculation that a typical deal.