I currently reside in Dover, DE which is where I hope to kick off my real estate adventure.  

I look forward to getting to know you all and sharing in this adventure.

The point is, it's a gamble.

I'm new to the site and very interested in real estate investing.I do not have any experience in REI but researching the different aspects and niches.A little about me:  Spent 8 years in the Army and have been out for almost 7 years now.I am looking for a challenge and adventure outside of corporate America.I am willing to listen and to learn all I can about REI and get started on a new adventure and challenge.I currently reside in Clover, SC which is just south of Charlotte, NC.

I listened to several podcasts and read through many posts, and I've finally decided to jump forward on this new adventure! 

Somewhat of a gamble...2.

But buying at retail value simply based on the hope that values will continue to rise is like gambling.

I owned a bar with an apartment in the Dominican Republic when I went to college and It was so frustrating to be so far away and have to rely on local boots on the ground to relay data (in fact the manager spent all my cash for the project on a gambling Christmas cocaine party, ended up in jail and my boat got stolen by some Haitians trying to migrate to Florida but thats a whole different story).

The deal was up 70% in 2 years which was a great 35% ROI a year but I think the GP wanted to gamble and go for the 120% in four years which people can argue if it was the right choice in this sellers market.

Look forward to your comments and hearing about your RE adventures.