Is my risk worth the reward?

Risk - Reward and caution.

You can go buy a Garcia reel and get a custom rod, buy out Bass Pro's bait department and get a 42' Grand Banks trawler and sit at home and study techniques, fishing holes, and run pro forma income and expense projections for months and starve.

Therefore, you are taking on risk but rewarded much more than buying at a sheriff or trustee sale.

I also find it rewarding to talk CA investors with dumb landlord hubris off their suicide ledge.

They certainly offered to allow me to back out of the deal, despite the fact that the addendum indicated that they didn't have to (though my attorney thought we may be able to fight that in court).Regardless, I often put down $5K, $10K or even the full purchase price of the property in EM...while it does pose a little bit of risk that the cash will be tied up if the seller can't get clear title, I believe the rewards (getting some great deals over other buyers with higher offers and lower EM) was well worth it...

For those who buy right and early, then jump up before this bubble bursts, they will likely be rewarded.

It is not entirely dissimilar to swapping out of one stock that has just popped (leaving little remaining upside in you view) and into another that has a better risk-reward profile.

This message goes out to my buddy Rick Harmon,,,Rick you really brought up some images from " Memory Lane" concerning "Fast Talking " Tommy Vu,,,the King of the Late Night Infomercial,,,,Just for giggles .Id like to see if I could buy one of his oldie but moldy courses on Ebay for examination,,,,Now keeping that thought Rick ,the vehicle of the "late night infomercial" is not all bad,,,in fact our mutual friend ,Tony Alvarez admitted and said during a recent presentation that Dave Del Dotto's course was the catalyst and incentive for him to pursue REI in the first place,,,,and,,as they say ,,"the rest is history,," Tony dun' reel good fo his seff"I think it all boils done to this Rick ,,,,in Tommy Vu words or near words,,,,"You No Worky,,,!!!

The reward (return on investment) is hard to beat.The only way I sold my homes was on a lease with option to buy.