Also, try to diverse yourself. i.e. maybe you want to consider a high appreciating property but at the same time, instead of putting your profit back in that property, save it so you'll be able to find a lower value property that can serve you better with regard to cash flow.And by the way, if you bought your property having a low rate conventional fixed mortgage, hold on to it for a little longer and you'll see how you will benefit from the up coming inflation.

Prices are still over-inflated here in Harrisburg, Pa as well.The Realtors and sellers just don't get that the run up was artificial and the correction is upon us.

The problem with this scenario is that fuel costs are volatile right now and rapidly rising.

However, during that time, assuming 4.07% inflation, inflation has made overall prices 3.31 times what they were at the start of the time.

In most states (Michigan is one of them) the TV can only go up X amount per year - in Michigan it is 5% or the rate of inflation or whatever is less.

Soon after the inflation will reach 2-3-400%....

I've never done a real estate deal but my desire to is rising by the day.

Yes, I stated in a different thread that US will pay its debt soon after the inflation will reach 2-3-400%.

You have to beat the tax man to create real wealth, imo.Paying Income taxes is one of the top 4 obstacles to creating real wealth along with procrastination, spending habits and inflation.

You have to beat the tax man to create real wealth, imo.Paying Income taxes is one of the top 4 obstacles to creating real wealth along with procrastination, spending habits and inflation.