Based on history, California will be the first to have prices Real Estate prices to escalate rapidly and also the first to plunge rapidly.

With the understanding that today’s valuations are justified and forecasts of fundamentals are strong, market participants can be confident that the positive attention that the multifamily sector has drawn in recent years is not doomed to a rapid shift downward and that multifamily markets remain healthy.

The problem is that the way evolution is presented in government run education is that it is either evolution or intelligent design.

It would be like me saying to them, "If you just look at the scientific data and open up your mind, you'll believe in evolution too..."

So, my question to you is this: Why has the quality of American leadership deteriorated so rapidly over the past 50 years?

The asset is in Cedar Rapids.

My mother sold her grandmother's big house on the park in Grand Rapids, MI for $18K in 1982.

If the goal is growth at a rapid pace then you have to give aways as much of the work as possible.

Recently, with all the rapid changes in accounting rules, I rather let my CPA earn a few bucks, than to agonize over what I have to capitalize,  depreciate, and expense.

While I don’t think you can loose money long term, I do think that say 5-6 years from now this rapid appreciation will slow and there might be better cities to invest in, at that point, that will have better appreciation rates.