Now, if the borrower made payments for 9 months, defaulted again and you said you'd take 94,652, that's a horse of a different color.

Quote from @Devin James: True, but it's foolish to invest without a basic understanding of how to purchase and manage the investment.

This is true, and there are always opportunities in the market.

I could ask him what today's date is, or what his favorite color is, and that's how he would respond.) 

While it's true that many investors are drawn to the Midwest for favorable cap rates and the 1% rule, Las Vegas still holds potential, especially for short-term rentals like Airbnb due to its high tourism volume.

Trailers don't go up in value like conventional houses.In my opinion to get the true benefits of buying mobile homes you want to own the land underneath them.

I would add that you can go a long way just having some clean color schemes (two wall colors and one trim color will do almost any house) and a few tasteful accent pieces. 

That is true, a lot of people if they don't at least attempt to be good at their job or at least be consistent they will also fail in other fascets in life sometimes.

This organization will help you manage cash flow, plan investments, and operate like a true CEO.6.Build Your Network: Real estate success is a team sport.

I've been having this conversation lately with a lot of the owners I work with as well as those who self-manage. For a long time, the mindset for investors has been to get the highest rents possible on their units. Th...