Yes, UK, US, Australia, Canada, would be better for those seeking capital gains, but again highly speculative.

But these are friends and family that took a gamble with me on my venture so I feel wrong to increase my rate.

``````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````People that are behind on payments and PITI is more than market rent and have no equity is a real bad gamble.

Chalk this one up as a "win" from a knowledge perspective, and move on to better cash flow opportunities (unless I'm missing something on the appreciation side...but I would caution there is a fine line between appreciation investing and gambling!).

@Brian BurkeI’m new to this game and scrambling to build up the equity and education as I try to wait patiently to find a way into Real Estate.I moved here to US three year ago from the UK on a work visa and I feel like I’m staring at a blank slate and assume I’ll struggle even speaking to the banks for mortgages, especially now during the prime opportunity which could very well prevail if there is to be an economic contraction and downward cycle in the market.

If you don't have at least three at an absolute minimum, you're really gambling with your livelihood.

If you are Gambling I’m Appreciation, understand that’s not investing but a bi-product of a moving market.

Luckily the amounts involved here were relatively small, and it was more of an annoyance than anything else, but the lesson learned was incredibly important.Several years ago I was living in London, and put some extra cash in a P2P account with Zopa (the UK equivalent of Lending Club).

Back in 2000 I had coffee every morning on the beach, in Mexico, with a contractor from the UK.

But then again maybe they are making $100K but have child support/ student loans or a really expensive hobby (gambling at the Horseshoe Casino) that they love more than where they live.