So lot values could actually drop.What happens is insurance money comes in subs raise their prices out of this world and its 200 a foot to rebuild or more on the high end ones we are trying to do at Silverado our bids are coming in at 400 to 500 a foot just to build.I have been building luxury in Charleston SC and paying 300 a foot to build.. just got one 2600 sq ft done for 750 k but i sold it for 2.2 mil in Jan.. 

@Robert JuradoWelcome to real estate world of investing.There are many strategies in real estate and you can explore what works based for your needs and time/effort/captial availability.Some meetings are in https://www.biggerpockets.com/rei/michigan-real-es... and there are others you can find through meetup (dot) com websiteLooking forward to meet you in one of the RE meetings / meet ups.

OK - so why isn't it the end of the world in my view?  

Im not looking to become the next real estate mogul or set the world on fire but would just like to own a handful of properties to easily maintain and have the passive income and obviously the long term investment itself.  

Oh and maybe lend some money out here and there to the slam dunk deals will all the upside in the world.

Unfortunately this home run money is usually also a huge % of the new persons world.

Hello Bigger PocketsI am new to the world of REI and am currently looking for my first deal. 

BUT, being on the other side of the world, you'd most likely want a turn key property.

You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.

Last year, we took a year off to backpack the world.