My partner just bought a park in Grand Rapids from the heirs of an estate.

@ joseph shererWe spend allot of time at it because my wife, who handles all the leasing activities, has increased the quality of our tenant roll to the point where we have nothing but upwardly mobile people, who, by definition, tend to mobilize more rapidly up and out of our apartments. 

Chapman forecast: Orange County economy 'falling behind' as tech jobs exit, low-wage work risesSource: http://www.ocregister.com/articles/county-720870-p...Meanwhile, the Silicon Valley “job machine” is generating thousands of information and technology jobs with average salaries of $188,000 a year, according to the report, while Orange County is losing those jobs at rapid clip.As a result, Orange County’s per capita personal income, which in 2007 was 16.4 percent greater than that of California, is now only 8.7 percent higher.

PS: It's not a super-spectacular pick up, but reasonable in what has suddenly become a rapidly rising market.

Thanks all for the input, but with the rapidly rising market, I have decided to not purchase any properties on Oahu for the moment.

Private money lenders are the biggest reason for the rapid recovery of the real estate market because they financed the purchases of distressed pools of assets and floated them on down the food chain.

I "knew" everything back then, so no way could I fail.A rapidly appreciating market helped me make money, certainly not my ability to analyze deals.

The "2% rule" is practically unheard of (cashflow is moderate), but appreciation has remained fairly strong/stable in many parts of town even throughout the housing crash.I'm actually going back to Cedar Rapids and Ames over the holidays to visit family and try to sniff out any more deals.

We all want to keep the properties and continue running the business and so I'm trying to educate myself as rapidly as I can (thank you BP!) 

I know this is your first post and that you're new, but you need to RAPIDLY get up to speed or you're going to get badly burned.