but someone over paying will always happen.just like you if you paid over 37k for your property were you live you paid way to much.. that's how much my parents paid for their house in Cupertino.. and I I paid 185k for my first house in Palo Alto and 80k for my first house in Milpitas etc etc.. someone at some point will always over pay.. they will make a mistake if they have to sell.. if you buy at a top you don't want to sell in a dip... but if your forced to then yes you over paid and are going to take a loss.

Best way to improve on losses is to supplement your income by house-hacking. 

I am new to Bigger Pockets, but have lurked for awhile. 

A tip that I received from one of the Bigger Pockets' books was to include a family picture at the bottom of your letter. 

@Daniel BrownWelcome to Bigger Pockets.

I am learning a lot of thing from Bigger Pockets but I am a little bit overwhelmed with all the information available and don't know how to proceed.

But the County had already approved the permits for the original developer and they were still valid.So, sure enough at the annual meeting--the only one that timeshare owners might, at least a few, attend and that an agenda is sent out for, they announced that they awarded a contract to their own development company to fully develop the timeshares.Yep, they were going to build more timeshares at our owners expense, and we would then all share in the profit (or losses, which is what it was going to be) but his company was going to build at double the cost per square foot for a high level home in that area, and these were rural timeshares, not high level. 

@Ross Hewitt III Welcome to Bigger Pockets! 

If you haven't subscribed to the Bigger Pockets podcast yet, I can't recommend it highly enough.

I got really exited to invest in real estate as buy n hold (specifically BRRRR) after reading several bigger pocket books n listening podcast.