I've been looking for 4 months now across the country, including in Midwestern markets I would have never dreamed to consider before and would be -very- lucky to break the 10% ROI (cash on cash, without speculative equity growth). 12-15% seems like a pipe dream in this market.

Good morning.  I walked a property Sunday and gave an offer Wednesday.  Although our numbers didn't meet in the middle I'd like to help this guy out. It's in Saratoga Springs,  N.Y. on the lake and down from the track...

Plus he is a guy who called the 2008 crisis with data instead of wild speculation used for personal gain (think Peter Schiff)6.

If you can mitigate your losses by selling in the short term it may be the best option, particularly if you are speculating on appreciation or continued rent increases to turn a profit.

This is all speculation on my end and no one really has the answer but that's my two cents. 

Personally I am a huge fan of California real estate and long term appreciation, but I am sure there will be many more who say take the cash flow and don't speculate on appreciation.

Hi Ryan,I don't have any of your paperwork, so the below is speculation about common causes for this type of confusion.- Lenders do not preapprove for loan amount, they preapprove for purchase price after validating that you have the necessary down payment, etc.

One thing that I haven't seen anybody mention is that the actual millennial generation is substantially smaller than the baby boomer generation is I watched a YouTube video making the argument that it wasn't millennials refusing to buy houses that was going to be a future problem for speculation builds but the fact that they're just weren't as many millennials available to buy or rent at all.

I got my ARV estimate from my realtor but after further speculation I agree it seems a bit high.

It is very difficult for entry level buyers to find affordable housing in Austin.The Austin market is quickly turning into a speculative market that I believe still has a year or two to go before the hammer comes down.