I can't help but observe that success in this case would've had a lot to do with not buying into crowd psychology and jumping into a hot market - instead it would have depended on recognizing value and having the discipline to hold through a tough market.I have no issue with buying value... and there is certainly real value in the Bay.

Also the rents are relatively stable comparing to other North East areas like atwater, cypress or glassell park where rents went up 30+% within last 2 years. 30% is my observation only.

You'll be amazed when you start to value your time, and become more selective of how and whom you spend it with.Excellent observation!

My observation of the crowdfunding platforms was that there were a lot of inexperienced sponsors listing deals because they had no investor base from which to draw, so they turn to the internet. 

By not showing who posted what, if they aren't seen they can't be followed or observed.

I'm also making an observation on third party people based off very limited information that you've posted. 

Hey @Dave MosherThink carefully about your observation: I see places everywhere being bought, but I don't agree that they are all making money.I own properties in areas that I wouldn't personally live in, and I have a property manager.

He is opinionated but does not portray real estate investing or landlording as fun or easy, like so many other authors more interested in selling books than in revealing hard truths.To my knowledge Reed has not actively owned any rentals for a long time, but he is an astute observer with good prior experience in some areas.As far as his assertion that -->>Many people say they are happy if a book just gives them one good idea.

It would interesting to hear from the international pros (you know who you are)..From your observations, what are the ocean front product types in most demand?

Just my observations in my area.