I love real estate and it has really helped increase my net worth.

If its a big lake or park, you might look at 4 acres of Boat and RV storage.  150 slots at $50 x 90% occupancy x 8 years= $648,000. 

Investment Info:Mobile home buy & hold investment in South Carolina.Purchase price: $76,000  Cash invested: $76,000A mobile home park with 11 mobile home slots.

I love real estate investing as most of us do.

You already have an audience of people here because they love real estate investing.

@Mike DymskiYou are absolutely right, Mike, in regards that the quote about IRR Investors was meant as a effect so that there is an understanding that the two are different and implies different Markets and Investment needs.The following is for the readers (not Mike Deymski only).I will say that there is another reason why those that do have the ability to Invest using IRR valuations  (in other words, they don't REALLY need the cashflow but would like to have it) DO NOT simply because they have not spent the time (and I would say it may take months to years) to truly understand the Calculation and how it works.It's the most comprehensive calculation you can have and requires you to do a pro-forma 10 year projection.The problem I find with a lot of BPer's is that they easily dismiss IRR because it's either too complicated and sophisticated that the newbie will need to spend time to learn it before jumping into Real Estate Investing.My personal opinion is that if you truly love Real Estate Investing and are truly motivated, you will eat, sleep and dream about Real Estate.

As you can tell, I LOVE real estate and all things that have to do with it!

Happy September BP lovers! 

Look at it this way:From what I keep reading in this site is the Cali lovers buy properties with negative cashflow for appreciation purposes.

If you love real estate, I’d definitely say it doesn’t hurt!