and +26.31% Yoy.Closed sales are +29.6% Yoy and YTD closed sales are out pacing last year by 14.89% and matching 2019's pace.Inventory has pick up slightly, now only down 41% from 6/2020.New listings are continuing to come on line, +6% from last year and inline with 6/2019.

You're in luck—I hope you've pre-ordered Wealth Without Cash by Pace Morby to get all the fun bonuses!!!

Jim,All due respect, but everyone works at a different pace.

When I look at my 5 year goals versus my current pace, what I'm doing. just. ain't. cuttin. it........My goal is to use a combination of other peoples money and my small ball of working capital to purchase distressed properties, rehab, then hold as rentals.  

@Adrian Valdez I live in Seattle, WA which is also a more expensive market.I considered investing outside the area and used the following organization to familiarize myself with the cities I was looking at:http://www.narpm.org/Property manager are great because they have less of an agenda than real estate agents, are very familiar with the area and are typically investors themselves.

In fact, it will continue to go up, but at what pace. 

Up until about five years ago the value of my home was on pace to meet the double every 20 years valuation.

Take out 20 year mortgages on the properties and then, when you retire in 20 years, they are paid for and your cash flow is a lot more than $100 per month on each of them.One other important aspect of buy and hold: real estate prices keep pace with inflation, so it is a good place to have your money during inflationary times.

queens and BK are different animals than NYCMaterials in NYC are much higher priced, we did a small reno for a friend and went to a city lumber yard- it was actually a drive through, and we paid ove $8 per 2x4x8, which is closer to $3 in north NJBe prepared to pay a location premium the same way you would have when you bought the pace

@Collin BornsEveryone has a different pace when it comes to riding the learning curve.