People are just irrational; that's why the casinos are booming here.Anyway, I don't know if that's statistically significant enough to point to a reduced demand for Moore housing around this time of year or not.

As our good friend said:"The market can stay irrational longer than you can stay solvent.”

Waterfall anything over and beyond (Investor 50% - Sponsor 50%)Depending on the deal, the investor is looking at 8% IRR at a minimum, and after profit splits they would be looking at between 11% - 18% IRR total.Any feedback would be greatly appreciated!

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@Seyed JavaheriCheck out the BP Blog Post "Introduction to Internal Rate of Return (IRR)"  at https://www.biggerpockets.com/renewsblog/2010/09/0... by J SCOTT.

Springfield is where I work my day-job and I'd ideally like to be nearby, but maybe it's just irrational to do that for investing purposes.

This is likely the beginning of the next big run-up in real estate, and we're all looking to ride it up and capitalize on the irrational exhuberance that's sure to come.

I used to buy houses at auction but to much "irrational exuberance" seems to occur lately--so I stick with my formulas.

But I guess like a lot of other things we tend to procrastinate on, it's rarely the difficulty of the task that keeps us from executing - it's the emotional/irrational fear of xyz that keeps us from taking the first few steps!

Hello, I recently rehabbed a house to sell and is now pending. When we listed the house, we put in the remarks that the house was sold AS IS. Inspections went fine, and we are about 1 week away from closing, but my ...