To identify the market, you will need the formal education about RE, gurus don't teach how to value or identify market trends as it's to complicated to teach in a sound bite.Again, at your age, your time will be better spent learning, studying and being formally trained.

He said that this was unprecedented and that the experts couldn't agree to what it means.No matter what the economy or the trends are doing, there are always ways of making money in real estate, you just have to study the market and be aware of what is happening and be knowledgeable and flexible enough to go with it.

I haven't run the numbers, but that's how I would use trend analysis vs. the 3-4 year look.

If you're noticing a trend, all suggestions go back to active and diligent management of a building and if you're not doing it yourself, make sure you have a good one at the helm.

I'd call a title company and ask if they could give you an idea of fees would look like on a transaction, or see if you can find a few people that would share their HUD-1 with you and you'll start to see the trends on costs.Sort of.

Or he'll jump on the latest one year trend in the stock market and just plunk his money down there.Steven

You better really comp it carefully based on condition, competition, cumulative days on market and sales trends.

Through connecting with other local investors, researching trends, stats and market data and adding some common sense to the mix, I don't think NYC lends itself to a strong wholesale strategy. 

I'd love to hear, share and compare real estate trends going on right now in the US.

It could be money, connections, systems, etc... separate yourself from the heard investors tent to flock to the latest trend and this is a business of once something becomes popular it becomes saturated quick.