What do you think of the recent signs of slow down of the mortgage activity as outlined in a Wells Fargo writeup:"The nation’s top mortgage lender said Friday that its revenue slipped in the first quarter for the first time in more than two years, largely because fewer people are taking advantage of ultralow interest rates and government programs to refinance."

The auto industry is booming, and the companies are making a bunch of money due to their lower cost structure, but they're doing it with fewer people, both on the white-collar and blue-collar side.Bottom line, there's opportunity here but it requires some intelligent decision-making.

I'd rather have a car lot, less stress, fewer regulation, money can be the same or better, inventory is easy to find and it turns faster, but that's just me. :)

People are taking fewer vacations.Sounds like a better plan there would be to get options on houses then to aggressive marketing to find a buyer.

So it then becomes the passing along of ideas and ideas that breed ideas in the mind of a newbie spells danger.

Honestly, Shane Little, I concur with Jeremy Brandt, above, and can’t think of a more dangerous way to invest in real estate.

Yes, prowling around empty houses can be dangerous.

There is not enough volume to only fund locally, so there are many fewer companies compared to hard money lenders.

I know lots of investors who want properties on the north side, but there are a lot fewer investment property deals up there because the price-to-rents.

And buy fewer higher priced properties rather than a lot of dirt cheap ones like we did - better tenants, easier financing, less details to manage.