Winston Kong being able to free yourself from having to depend on others is huge ...

@Winston Kong, I thought wholesalers were supposed to find their OWN off-market deals (rather than troll the MLS)?

@Michael Gayer Jr, as I understand it, you'd either be dealing with the Freeholder directly (but not being offered the Freehold), or maybe the Freeholder has already leased it out (Much like China leased out Hong Kong to England for 99 years), and the Leaseholder is effectively doing a "wrap-around" Lease to whoever they can talk into paying more than they did for the privilege.

Hello all,My name is Hong and I am new to bigger pockets and commercial real estate. 

@Kenneth Hong  strong renter markets in the Midwest also equals little to no appreciation.. so if you have no appreciation its cheaper to rent over the long haul.. and you just don't have the same burning desire to own like you do with folks on the west coast or prime east coast or other higher priced markets.. 

This example is actually from Hong Kong I think.William YuECONOMIST, UCLA ANDERSON FORECASTUCLA Anderson School of Management110 Westwood Plaza, Entrepreneurs Hall, C506Los Angeles, CA 90095-1481William Yu joined the UCLA Anderson Forecast in 2011 as an economist.

I live in Hong Kong and just closed on a SFR in Memphis a few months ago. 

@James Hong I don't know if I would call this a bubble (everyone's definition is different). 

Welcome to BP @Young S Hong!

I live in Hong Kong but purchased a SFR in Memphis, TN from the property manager who also rents out our family home near Memphis.