Originally posted by Larry Li:The valuation is very strange in the area I am flipping, I saw a property sold for $335k with 200 SF bigger than the one I am having under contract.

Larry Moore took the words out of my mouth...

Now, let's look at the richest people in the world:Here is Forbes ranking of the 20 richest people in the world:* Carlos Slim (Mexico) - $53.5 billion, telecommunications* Bill Gates (USA) - $53 billion, Microsoft* Warren Buffett (USA) - $47 billion, Berkshire Hathaway* Mukesh Ambani (India) - $29 billion, petrochemicals, oil and gas* Lakshmi Mittal (India) - $28.7 billion, steel* Larry Ellison (USA) - $28 billion, Oracle* Bernard Arnault (France) - $27.5 billion, LVMH* Eike Batista (Brazil) - $27 billion, mining, oil* Amancio Ortega (Spain) - $25 billion, retail* Karl Albrecht (Germany) - $23.5 billion, supermarkets* Ingvar Kamprad & family (Sweden) - $23 billion, Ikea* Christy Walton & family (USA) - $22.5 billion, Walmart* Stefan Persson (Sweden) - $22.4 billion, Hennes & Mauritz* Li Ka-shing (Hong Kong) - $21 billion, diversified* Jim Walton (USA) - $20.7 billion, Walmart* Alice Walton (USA) - $20.6 billion, Walmart* Liliane Bettencourt (France) - $20 billion, L'Oreal* S.

@Dwayne Byrd Thank you!

Larry Fried Thanks!

 @Larry Fried:Larry,Thank you so much!

Originally posted by @Larry Fried:@Larry Graham Hi and welcome to BiggerPockets!

Originally posted by @Larry Fried:@Christopher LeeHi and welcome to BiggerPockets!

Thanks for the info, Larry!

@Larry VarnadoIRA custodians are pretty significantly regulated.