State Specific Information: Florida is probably one of the most famous tax lien states because the interest rate of 18% per year is favorable and if the property goes to foreclosure, the redemption period of 2 years is short.

I am sometimes reminded that Peter Lynch who became famous for guiding Fidelity's Magellan fund during its heyday advocated that each investor own his own home before starting to invest in stocks.If old white guys in tweed jackets are too dry, then at least younger participants can consider the wisdom of Jay Z's classic line, "I'm not a businessman, I'm a business, man."

Warren Buffett famously has stated don't look at the market because you can't predict it.

Of course, the famous lecturer in the video, Phil Pustejovsky, leans towards Creative investing.

@Robert Adams  yup probably that or the famous craigs list ghost adds.this is really comical all these wholesalers who really have no clue that are trying to put these deals together.. man it really creates a very bad image of the industry I think. no professionalism at all.but when you have BP   Interenet webinars and late night TV adds pounding into peoples head that they can get rich in RE with NONE of their own money this is what you get.

Maybe we will be famously wrong.  

They are what I refer to as shiny objects of distraction".There's a famous expression for this, "Penny wise, pound foolish", or this one, "Stepping over dollars to pick up a penny".

Quick introductions - The Boss Man around these parts is the famous Joshua Dorkin.This is the Forums, moderated by some awesome people like J Scott, Jon Klaus, Joel Owens, Karen Margrave, James Vermillion, Steven Hamilton II, and of course the amazing Jon Holdman.

J,You are now officially famous.

We are famous for putting as  0-5% in our personals and than saving the "Downpyemnt" money for a rental.