It is true, investors from all over are picking up properties left and right at ridiculous deals, mainly because they understand the market and know that working with real estate essentially means, "first come, first serve."

Besides, most of those guys that have the ridiculous ARVs and shady deals dont last long and dont realize the couple of bucks they might profit off of someone isnt worth it- morally or for there business reputation.

Originally posted by @Pavel Sakurets: Yes Scott, this doesn't make sense, but this is what Tom Konutsen (chief real estate investigator) from the Dep of Commerce said: "If we find that you pay unlicensed person that will lead to a solicitation of the listing or sale of RE, we would fine you 10k and revoke your license''Again, there are some ridiculous laws out there, so I'm not arguing that this law exists. 

That's how you keep prices down, not by putting a gun on landlords headsLandlord would suffer either way but at least prices would be back to fair value and there would be no housing shortage; there wouldn't be ridiculous artificial bubbles like in LA where land is extremely abundant and prices totally disconnected from reality .

I will have to verify that for myself because you can certainly see how that seems ridiculous, right?

I'm sorry if this topic is ridiculous ..

I agree with @Natalie Kolodij, I know a lot of people my age here in Nashville that are in ridiculously over-priced apartments or condos because it's "cool", or in a newly gentrified popular area. 

Regardless of whether they file a homestead or not, there are today over 70,000 Texas residents who owner-occupy their multi-family properties...it appears none of them can take cash out of the free-and-clear property they live in---ridiculous, an unlawful restraint on alienation, a handicap to duplex citizen-owners, and a sad reflection on the intelligence of our Texas legislature and mortgage lobby here. 

When it comes to turnkey there are plenty of them out there and you'll get one.The one caveat to that is if the appraisal is just ridiculously low. 

I still believe it is a fad though and will not last. ( Which is why I'm not buying any at these ridiculous prices ) In 2013 I saw it shoot from what I could've purchased in at $12-13 a coin to over $1,000 of course this peaked my interest ( and my anger ) I looked into buying mining machines and kept reading articles to see if it was worth my time to try to mine bitcoin to get them for "free" basically, I decided against it as the initial investment was high and return wasn't good enough as it was in the 2009-2010 era of bitcoin.