Richest Man in BabylonThe Compund Effect The AlchemistNever Split The DifferenceThink snd Grow RichHow to win friends and influence peopleCurrently Reading Total Recall: My Unbelievably True life Story

Does being a RE Investor influence that decision?

I would encourage you not to let the ideas of one book overly influence you to the point that you prescribe to only those specific ideas.

Being around people and resources with similar goals and drives will give you the influence you need to stay on take and succeed.

His only benefit was from equity paydown(paying the mortgage) his advice was count on 50%, obviously heavily influenced by tenant turnover.On current strategy, the world is yield starved with low rates of return on everything, so many are accepting formally unthinkable returns as "better than money in the bank"I would be firmly in the "time to re-strategize" camp, and think the artificially low interest rates will cause a lot of malinvestment as financial engineering usually does.7.5% should be doable with multifamily or syndicationAlthough there seems to be no end to those who will overpay, perhaps not understanding actual costs or investing for other reasons(besides cashflow) on the commercial side.

A lot of people without any knowledge or insight will say all kinds of things out of fear or from things they "heard" and it can influence your decisions and judgement.

I just finished Rich Dad Poor Dad and it really opened my eyes to how our parents can influence our decisions.

There are probably pockets of the country that this logic can't be applied (Detroit maybe etc), however in the Southern States excluding CA renting on the low side (1200 and below), demand will not wane in the down turn but may actually increase from the filtering of the loss of higher rents or forecloses causing the increase demand for lower income housing.  

Account Closed We're seeing an increase in rental activity from the younger generation looking for a place after college, and as always a steady demand for low-income housing throughout the entire Greater Cleveland region.The overall population figures you've mentioned are influenced by the snowbirds leaving the area, as that makes up a large portion of the population - specifically in the suburbs.

They look at complaints, neighborhood settings, who actually live there, and of course political influence to win votes.