Numerous states and cities in America have gone bankrupt, and this will continue as they are unable to fund promises made prior to 2008.

I bought a house once that sat on the market for 400 days as a foreclosure because it stunk so bad of cat piss that no one wanted to take a gamble on it.

Many new members tend to ask questions that have been asked numerous times over and reap a fleck of the information that they could if they searched for their topic of interest first.Lastly, the @ mentions feature is a fantastic resource to call your colleagues or other members already in a conversation.

And of course some deeper pockets because they usually are not a cash flow play.I closed one 2 months ago I put in 21k and made 85k profit in 18 months... better than any cash flow rental by a long shot  LOL.. but I can park 21k and not worry about making money on it monthly and it could have taken 5 years as well.. big gamble big pay days  ...

The money they spent on rentals and moves may have been saved by having their own home.But there is also the fact where eventually a one’s homeowner chooses to tell their home and become renters.To answer more whether it is better for you to rent or own a place to live, here are their differences:Up Front Costs: Buying your own home entails numerous upfront costs compared to renting.

I have developed numerous system through reading (BP books, and forums) and by trial and error.

This sounds like gambling instead of investing.

I've decided to let things play out, BUT I realize I'm taking a gamble......Just looking for ideas on what you folks do...Thanks!

I ended up with Bridge Equity in Kansas City, @Nathan Brooks is on numerous Podcasts here on BP. 

Nobody would ever pay their taxes in that circumstance, gambling that other people will fix it up for them, basically for free.