I was having a conversation with my dad about inflation, which can be similar in effect to recession, and came to the conclusion that I just don't have enough assets to protect myself against it.

Probably 90% non-pros lose in long run.You are right that making a lot money in stock is difficult.The exception is to manage other people's money in stocks: you may perform poorly in long run but still make a lot for yourself.The conclusion should be that for most people, real estate is a much better way to achieve financial independence.Daytrading is certainly not passive.Long term investment in stocks was great for several decades prior to year 2000.

Originally posted by Nichole Gabriel: Small yellow cards seem to be the way to go for absentee owners Just curious Nichole, how much research did you do to come to this conclusion?

So in conclusion I love the book very inpirational but dont think that the concept of the book is as easy as it sound.

With that being said, anything you do in this business you should do your own due diligence and make your own conclusions.

My conclusion is that your intent at the time of closing is what counts.

I believe this would probably help with communication and with the overall outcome of the rehab because everyone's experiencing the same first impressions together, sharing initial thoughts with each other, coming to conclusions together, and forming the same rehab vision, but I'm not sure.

Dropping the price is an option we considered but I didn't want to jump to that conclusion without consulting the experts here first to see if there were other options we hadn't considered.

It will be interesting to see if corporate media outlets pick it up.TimAn interesting article, but this seems to be a fairly strong conclusion from just one single article.

rice index, the “inflation adjusted” home price index, blah blah blah….All of these diagrams and graphs only stand to indicate that real estate had a long needed inflationary period during 2000-2006.Exactly how did you come to the conclusion that it was a "long needed" inflationary period?