Sorry, it doesn't.Teaching requires being able to break things down to the fundamentals and drill students until they master those basics.

The short answer is no.Rising interest rates have started to slow the record-breaking market, but today's real estate market is fundamentally different from that of 2007 in a few key ways.

I believe that multifamily cap rates will rise, and stay much higher, for years to come because the economics on commercial real estate are fundamentally different with debt that is double the cost. 

I've always believed it's best to acquire your first property in your own market but if you happen to be in a market where that's not possible, select a market that has strong fundamentals, arrive at an investment thesis and focus there.

We can always push back with solid fundamental numbers after the analysis.

There are are a lot of other factors to look at and the fundamentals are the ones that you need to make sure you are watching (job growth, population growth, overall city regulation, etc.). 

I did learn a lot about taxes and appraisals and really wanted the fundamentals which I learned.

If you have not studied and don't understand real estate principals and the fundamentals, you won't know what to look for because you won't know what a deal looks like.You are competing in a world of serious players who have done their homework, paid their dues, performed the research, made the business connections and now they typically have too much capital chasing too few deals.Where does that leave you?

Andrew - Thanks for reaching out.Here are some fundamental tax principles every real estate investor should be aware of:Differentiate Between Types of Income: Realize that income from real estate can come in various forms, including rental income, capital gains, and dividends from Real Estate Investment Trusts (REITs).

If you focus on the underlying fundamentals of a property, and buying right, you don't have to get overly concerned over any good/bad news on the economy.