I'd love to hear more about how you stay profitable with our inflated Canadian land prices.Thanks for sharing your story and all the best in the future, sir!

Just don't get into the trap of coming up with an inflated ARV.

@Lucas MillsComplicated question.From a property value standpoint:It was a bubble because the values were over inflated.

The market is hot right now, prices are inflated, which means deals are going to be even more difficult to find on the market.I am not trying to deter you from getting into real estate, I think anyone who has interest should take the leap.

Obviously the experience left a bad taste in their mouth, but times change, and rent in their area is inflated to the point there is literally no where they can afford. 

As a new resident to Las Vegas, I have noticed this area isn't to new investor friendly as I think the housing market here is kind of inflated (as with any big city).

The million owed is nothing to me, because it dosnt feel like a debt. 30 yrs from now, assuming no movement in the market whatsoever, (unrealistic I know and inflation of course) I would have 1 million dollars in equity, for something that I spent 20k to get.

I have noticed alot of wholesalers in Houston over-inflate the comps.

BUT on the flip side, interest rates going up substantially likely means we have inflation.  

That was either to inflate the value or reduce their prorations, both of which are unacceptable and avoidable by acquiring firm data prior to the last minute.