I’ve never been one to gamble nor am I going to start with rental properties.

I’ll be moving to the Gulfport/Biloxi, Mississippi area in the summer and I’ll be looking to begin my real estate adventure while there.I’m new to real estate investing, but I’m following in the footsteps of my father and grandfather.

Yes Washington,New York,and California for example are all overinflated markets.Many investors purchase there on the on an appreciation gamble than the CAP rate.I have many investors buying down here because they can leverage their cash for so much more greater returns than where they live.In some areas that I mentioned acquiring the land is the real goal and the CAP rate is an afterthought.Here in Atlanta the only 7 to 7.5 cap I am seeing is CORE assets in trophy locations.Example A class newer multifamily that a REIT or PENSION fund is buying.

Good luck on your REI adventures. 

Good luck, and stick close to BP as you get into this new adventure!

Keep me posted on the adventure please.Rock on!

I gambled what I could afford to lose, just I don't like losing.

If so, do you want to meet up and talk about your adventure in the area?

Otherwise you're real estate gambling not investing.

Also, appreciation is somewhat of a gamble.