The value of compounding capital of a 23 year old is pretty much infinite.

Here is what I do in order to protect myself: If I'm putting together a deal that has a greater-than-normal risk, i.e. is particularly profitable for me, then I stipulate that the other party must engage the services of a credible real estate attorney and make them seek one out themselves (don't recommend one or you'll probably compound your troubles).

Finally, this is the case on a global scale, and out international markets are far less decoupled than they were a decade or so ago, so it is possible that could further compound the scale of the next recession.

Platforms such as BP can compound individuals popularity that can lead to the average investor investing in people and places that they should not. 

However, you could also have a policy that says that you'll expense items under a certain dollar threshold so that you are not capitalizing lots of little things that then need to be separately tracked and depreciated because it's not simple and obviously compounds over time.  

An annualized monthly rate of 13.87% compounded over 12 months is the same as 14.77 annually.  

But I feel like anyone that understands even basic concepts of investing like compound interest is wasting their time with that book.

If people instead want everything wrapped up into a nice little bow and presented to them with less work then that comes at a PREMIUM to pay as the people that created that put a ton of work into developing those systems and processes.

What a great story - I think it's awesome that in the process of taking that first step towards investing in real estate, you created this whole local community of investors and used the infinite wisdom of BiggerPockets gurus (in the good sense of the word) to learn and take action.I bow down before your drive and enthusiasm :-)

The water shortage in California will remain as long as voters continue to elect politicians who, bowing to the environmental lobby, reject any plan to build large-scale dams to collect the snow melt in the Sierra.