And the cycle starts all over again.Terry

jimmy, before you do anything look at ian ippolito's website(therealestatecrowdfundingreview) for some awesome info on the re cycle.

What this means is a gradual but sure path to less liquidity in the market causing a slowdown in the investment cycle.

It makes a lot of sense.Sounds like you have a pretty flexible strategy and focus on what works at that time in "the cycle" and the area.Are you investing in the Newark/EO area? 

I was wondering what is everyones follow up cycle?

Hey Bill, you are absolutely right that all of this is symptomatic of late stage of the market cycle we're in.

I would love to have a system that seamlessly does the rental cycle from start to finish, has a tenant portal for payments, and has a good report generation functionality.

Do you understand the 10 year cattle cycle. 

History shows all cities go through a business cycle where the market recovers from a recession and goes into prosperity.

Buying here in Australia doesn't make any sense because they are at the top of their real estate cycle and property investing is all about negative gearing (putting money into to property every month in order to qualify for the tax deductions).