Yes you handsome feller you!

So, any real estate that you can control for the long run will likely pay you handsome dividends later.

My guess on your folks long term success would simply be the magic formula of rising rents over time, reducing debt (and increasing equity) as your tenants pay down your mortgage, and in, many areas, handsome price appreciation....Over the long haul it has been an effective formula for many investors even if you can't articulate it (the home prices and rents have just gone plain gone up over 30 years...)Best of luck Philip....

On the other hand, some landlords on BiggerPockets own rental property at locations far away from where they live.

On the other hand some people will spend more money on a property simply because "they can".

I would recommend the most handsome one on Bigger Pockets.

Hi my name is Brandon I am 23 years of age...married and have a handsome 2 year old son My wife and I are very interested and just came into an opportunity to invest in our future.

If I was doing my first rehab (which of course would come with cost overruns, mishaps etc) while the market/economy was tanking....haha ya that wouldn't be good.On the other hand, some people do deals in good markets and bad.

The goal is to help the original owner recover his or her home at some point in the future while at the same time generating a very handsome profit both up front and at the time of sale for the investor.Welcome to the BP forum!

Finally, it's always smart to invest in yourself by purchasing property as soon as you are able – this will not only provide security but will also reward you handsomely down the line.