Oh how quickly we forget 2008, and even how much more quickly we forgot the ridiculous shut down just two years ago where a lot of investors got wiped out.

I do this to try to motivate them to not be ridiculous with water use (like letting the water run to brush your teeth or when you wash dishes, or take long showers that empty the hot water tank, etc)In all my leases, I have a clause that says all appliances on the property are left as a curtesy, and if they break, either the tenant needs to fix them or buy their own.

Premier Mentoring AKAAlternate Business NamesAdvanced Financial TrainingAdvanced Real Estate Education Financial Media Group, LLCFind and Flip Flip Advantage Flipping Formula Loral Langemeier Premium Financial Training Property Bank Property Wars Real Estate Addict Success PathTop Trader Trend Trading Zurixx, LLCNo one talks because if they got money back they signed a ridiculous agreement that states they will forfeit the refund if they bad mouth them.

Just go for it, prove to people you can do a profitable deal, and then finding others to partner with you is ridiculously easy after that. 

Short version: I paid too much, bought in the wrong areas chasing ridiculous ROI %, did not hire an experienced, professional property manager, which also cost me financially, ultimately had to unload the houses losing about half of my initial investment + holding costs and some repairs and maintenance.  

I especially would hate to lose my home in the worst case scenario of bankruptcy and bankruptcy is something that I will fear until my passive income exceeds my monthly expenses.If you can't afford large commercial properties then consider rehabbing residential properties.If you can't afford to rehab residential properties then you might try buying a small house and rent it out.If you can't afford any house in your area then consider investing in another area (CA prices are ridiculous in my opinion).If you can't invest in another area then consider hard-money loans.Lastly, if you have absolutely no cash at all then consider flipping.There are many ways to get into this game.

There is a certain group on BP that seems to make a sport out of ridiculing people with less experience than them, so I have not been surprised by the tone of some of the comments.

I agree that places like Boston, New York, LA and San Fran are ridiculously expensive, but that doesn´t mean you can´t drive for 60 minutes and find a town with dramatically different prices.

I've found so many local codes lately that just seem to be ridiculous. 4 layers of drywall, 2 layers of exterior sheathing, just overall unimaginable requirements for codes to require.

Perhaps not as insane as Vancouver, but home prices in the GTA are also ridiculously high (but justifiably so).Kitchener / Waterloo is a good market.re: Windsor, you can make great cashflow in Windsor but you need a drill sergeant of a PM and don't expect much in appreciation.