If you’re putting in offers without running your numbers you’re gambling.

dont you love appreciation ( oh wait on BP its gambling and who in their right mind would invest for that :)  )

The people that are going to get crushed are people that buy assets that have negative cash flow and are speculating/gambling on appreciation.

That is speculation and gambling. 

At this stage, you should be fully immersing yourself in the crazy amount of educational resources at your fingertips.

Basing everything on appreciation is speculation ie gambling.

To me it would only make sense to keep your current property if you believe there will be more price appreciation on this property than another one you could buy with more cash flow, but that's a gamble.

I have been immersed in the real estate realm for a while and am pretty early to the idea of partnering.

.- Cap gain rates increase is only for incomes over $1M- 1031 repeal is only for gains over $500kNo details on either of those thresholds are yet available, so we all have way more questions than answers.Preparing for something that may or may not happen and has no defined form is a gamble.

Hello BP members,My name is Julia Sung and I recently passed real estate license exam in NYS and completed the course.I was wondering if there's any real estate brokers (residential or commercial) out there who might be looking for a part-time agent to work for in NYC area.I am very eager and motivated to immerse myself in this business.My hours are flexible and cooperative.