Granted; they should have a shelf life.. you want to OWN real estate not just get another job… but if you are completely and utterly new to it, and don’t understand it fundamentally, then there’s nothing wrong with slow progress and getting paid along the way.

After my first one I felt utterly wrung out!

I looked at fully developed lots ( pipe farms) in Henry county that I could buy for 1k a lot.. tried to raise a fund to buy them but investors pushed back  ( It does not cash flow) I did manage to buy 14 lots for 3k a peice in a nice development of 250 to 350k homes . held them a little over two years and exited at 30k per lot that was a 10X  but that was then and now is now .. so agree some softening no utter meltdown like what happened then.

If I don't purchase however, the hassle isn't worth a little less rent so I might as well just chill with my friends in Austin. 

I have done some GC work years ago and peoples utter lack of understanding of normal construction issues were the reason I got out of that quickly before I got into it too deep!

If your retirement utterly depends on having adequate cash flow from your properties, any downturns will cripple you.

I bet you take over in 60 days or less 😍😍 LOL toucheOK I will chill out.

It is highly likely that pricing will stabilize once the Fed chills out with the rates, and we all know there is another election cycle coming up so.... that is likely to happen. 

Utterly misguided / bingo / so-so? 

I'm setting up my new VRBO account, kinda having fun, then I get to the point where I must submit OK for Hyperwallet. What? A PAYPAL company yikes! Look at those vague terms! After dealing with PAYPAL for 20 years on ...