Its not all gambling either.  

Many times those are the folks looking for a quick fix - aka gamble for a long shot.  

To be fair and balanced like Fox News most folks on BP simply does not have the off shore connections you do.. that's a big part of OUR success..

@Dan Heuschele Great post and I love that you gave examples of you buying at the top of the market and being okI think it's funny that people will put money in the stock market based off historical returns, but think that expecting cities with high appreciation to continue appreciating is gambling

In 4 years time, I am gambling on my condo appreciation quite a bit.

Perhaps one major change is the 1031 rule, which I would support if it wasn't just taxing the real estate industry, but major tax reforms like offshore tax sheltering etc (not just raising the tax, we're at 35% the highest in the world).

I am afraid to jump in because this is my entire life savings that I'm gambling with. 

You are free to gamble your money as you see fit on your vision of the future. 

Here come the turnkey operators stating that everyone investing in CA is gambling and can’t cash flow if their life depended on it

It sounds great, but starting at over $5,000, it's a big gamble without having insight from people who have used it.