I agree 100% with the points behind most of these "real estate vs stock market or other non-tangible paper asset that is only some derivative of something else with actual value" arguments.

If they are, consider this: Income can be derived three different ways: First, from the Non-refundable consideration a Tenant Buyer could provide you (In my market about 8-10% of the current ARV of the home).

You may be surprised at where expenses derive from when you are the owner.

In essence, the NOI over cap rate to derive the value.  

I derive humour from irritating A holes.

page=2#p804253Actually, I gave the seller a price of $170K not $165.5K just to see his reaction.The gurus taught the 70% rule as "gospel"... but have you ever wondered how that rule is derived in the first place?

I focus on Fremont and Capitol Hill.I trade complex derivative positions and interested to see if there is any commonality with energy trading.Thx

When/if most of the local residents in the area who derive their income locally (and traditionally) are unable to afford the properties, due to the average house price exceeding local average wage substantially, there will be the coincidental buying by investors whose income isn't hinged to the local economy.

@Bill Hampton An LLC can open a brokerage account and invest in equities, bonds, and derivatives. 

Even though the IRA pays this tax on income derived from the use of non-IRA funds, you can still achieve a higher cash-on-cash return for your IRA dollars as a use of leverage.A self directed IRA or 401k may also joint venture with another party, including the account owner in certain well structured arrangements.