You’ll learn how Paul discovered the vital difference between investing and speculating, why falling in love (with a deal) is incredibly dangerous, and the huge real estate gamble that Paul made that cost him $40,000.

Here is why:1) every month I'm paying down my debt using my cash flow and can pay extra towards my debt and still make more money vs waiting for future appreciation2) rents in my area have gone up for 80 years now3) my rental income is subsidized by HUD so your tenants over time will not pay consistently when they lose their Job, get disgruntled, have a bad day lol4) the rental income I get is 2x more per dollar invested therefore I more than compensate for higher appreciation but I have advantage of 1 to 3 aboveSummary my IRR is guaranteed you are gambling on both your tenant and local market.

We do NOT have the same crazy system on mortgage-backed securities we had in 08/09, or to be more accurate the Jenga stack of gambles is not built in a way as it was. 

The way to make it less annoying is to gamble (like a dollar) with your family for which property the wholesaler wants before opening the mail.

This type of thing just gets rid of the people that are not immersed in the industry.

Negative cash flow is a gamble that appreciation will exceed your cash outflow.Hopefully your house appreciates while you are living in it. 

I would sell now and take the loss as opposed to gambling and risking a greater loss in the future.

Cash is king - don't gamble on appreciation.

If the market isn't right for selling, hold onto it and keep collecting checks until it recovers.If you buy for appreciation, it's a true gamble.

You are right, good things happen when you immerse yourself in it.