With so much uncertainty and risk in the current economy, having a steady income is a luxury.

I am extremely impressed by the support I have seen on BP towards other investors and I am looking to build repoire and support with other like-minded people.I am an established real estate agent in New York specializing in modern luxury homes, mostly in Manhattan and Brooklyn.

I ultimately built my private lodge and conference center on the property, which is surrounded by retired high profile former rock stars and others seeking privacy in an area in San Diego county.While on my mission to find the ideal property, I made a list of the criteria and visualized not only what it would look like but how it would be used.Early plans called for property search efforts in Santa Barbara county's Santa Ynez Valley.  

It has the essentials, nice to haves, then luxuries.

Remove luxury items such as garbage disposals and sliding screens to prevent maintenance requests.

I know of a luxury estate right now that was appraised at 2.2mil last summer and now its a short sale for 1.2mil and its been on the market for quite a while and I have been told that the owner is getting close to foreclosure.

But in my luxury rentals, it's a whole different universe.

Back and hernia surgery and other luxuries have moved to the lower end of the priority list. 

How challenging is it to break into the luxury market as a real estate agent?

Well, 500K down would likely be on a 2M multi, that isn't small to me. 6 Luxury type units, I don't think so, vacancy would kill your return, maintenance?