It's a mix of client work and speculative development.

We're ALL speculating on what some unnamed bank on an unnamed property with unknown terms will do.

I see things changing a lot, but there are people looking for as its called the next shiney thing, you want to be an investor not a speculator. 

Be very careful speculating, cashflow is king.

Hey @Bryan Rodriguez I'm definitely not the pro on this, but from what I've read and heard, it's usually not a major issue YET but there is a lot of speculation that once interest rates rise - the banks might start caring more and force people to refinance into higher rates.

It's all speculation, whereas the freedom and peace of mind has it's own value.

In fact, personally, I wouldn't even classify it as an investment, but really more as speculation, and few are willing to lend money for the purpose of speculation (at least not for reasonable terms).Nothing really wrong with it, but similar to going to the casino, you have to bring your own cash in most cases.

Just speculating here, but, delivery boy means employee on the job?

But never EVER does it mean buy something that is junk on speculation that rates will come down in ____ time, that's just as idiotic as sitting around talking about waiting on a housing crash to jump in and buy. 

Hi Noah,I can share a bit of my experience with you since I'm doing something kind of similar and I have a vaguely similar background, banking in emerging markets (in particular but not exclusively Latin America), which included emerging markets risk analysis.While I could invest in land because a) it is very speculative, b) it doesn't produce any cash flows, c) you cannot borrow against it and d) this is not were the money is.Instead, I buy condos well below market value to rent them short term in countries like Mexico, Panama, Colombia, Brazil, Spain, Portugal or Greece.