I have spend 30 years in the construction field (mostly on the mechanical side HVAC) but have a pretty good sense of building structures.

Not only are your Podcasts informational but entertaining too and I don't know how you've done it but all the forums I've read have been upbeat and constructive, even if there's a negative comment, someone puts an end to it really quick - that's hard to come by these days.

Regardless of the degree I got I got into construction because I felt more comfortable in that.  

Regardless of that I got into construction.  

Investors finds purchase and construction and we bring the acquisition, contracting, project management and the sale on the end. 

Regardless of that I felt more comfortable doing construction.  

However, there's no guarantee how long that would be (or at least, I don't have enough knowledge to know--if you know, say, with good evidence, that 2 years from now the prices will drop significantly then waiting is prudent).If there is no real evidence of large, detrimental economic factors going on (war, people moving out of the Bay in masses, an unusual amount of new construction making the supply on houses extraordinarily large for a prolonged amount of time), then there is no reason to assume that the seller's market will swing back to a buyer's market any time soon.The fact remains that the population in the Bay is growing year after year, tech companies are still expanding (to such a point where they are closing down Gold's Gyms, grrr, but that's another story), and this is still a highly desirable place to live.  

I am a husband to an awesome wife, and a father to two lovely daughters.My experience in real estate consists of countless hours of moonlight research and reading books, listening to a lot of BP podcasts, and lending a helping hand with construction and grunt work to friends who own rental properties to learn what I can from them.My goals in real estate are to invest in buy-and-hold single & multi-family properties, building a portfolio that will allow my wife and I the financial freedom and time to dedicate more of our efforts to helping and blessing othersThanks to BP for this invaluable resource to financial freedom and to all the members who contribute their knowledge so that others can learn and grow!

i want to control the whole structure (unless it is truly a steal) the area you are looking at is pretty good overall just be aware of construction issues in that part of town-sewer mains are a bit problem around there-old electrical panels-also the issue with number of owner occupied units can bite you and most likely has him when trying to sell them on the mls etc as fha financing would be out the window.  

I am working on my third construction loan with the same bank, and they are getting to know me.