Hello All,I am a new REI in the Houston area and I closed on my first property on June 26th. The sellers leased it back until August 8th and therefore I've had it for 2.5 weeks.  My initial post giving the figures and...

You can't exactly predict future repairs or vacancies.

Little hard to predict how aggressive I will get in November/December... it depends if the market comes down or...?

What would you do with this deal when it becomes apparant the the expected appreciation will not come, at least as fast as your model predicts?

Obviously, in either case, the expenses will be predictably high.Mike

I predict even lower.

The recent bail out has pushed these predictions to further speculation considering the crunch tax payers will now have face.Someone here posted that he believes we'll post double digit inflation in our future and it goes without saying, this is the sad truth.

People have been predicting the financial collapse of this country for as long as I can remember.

Its very, very difficult to predict appreciation because many macro factors (like interest rates and the overall economy) affect prices.

But I have a prediction that eventually we all are going to face hyper-inflation at some point and mortgage rates will go back up.