I always tell my investors it is like playing Monopoly you have to have houses on every side of the board (different markets) to win the game.

When you invest in these things on your own (without any experience to back you up) you will definitely see these risks coming into play!

Now if you have a bunch of capital to work with and don't mind playing the waiting game then it might be a good idea.

Meanwhile, we have invaded someone who we thought had it and they didnt, we threaten another nation who we think wants to have it, and then we placate and play games with the people who already have it and can deliver it to the west coast.

For instance, Hispanic women play the more dominant role in decisions that relate to the home.

You have to knowyour market to know whether condos are selling well andwhether there is a demand for them.I would not assume right off that condo converting is theway to go.But...whether to hold your building depends on whether itis cash flowing.

. $120,000 return not bad if I should say so myself. 5:00 Return home play with our child (were first time parents), good days work needs a good days play Celebrate birthday, Im 31 thats pretty frickin old if you ask me.

In the beginning of my investing career, I had to take some proportionally large risks to start moving forward financially.I like to play poker occasionally, and I relate it to a good general poker strategy.

AVR is speculative (even w/ recent comps) and actually from reading these posts and working in the market I'm at, an AVR estimate is quite scary.What I find to be the truth is that Real Estate is a commodity.Also it's cyclical, when the Supply is greater, or much greater than the Demand somerthing has got to give.These are very interesting times, with the lack of wages going up, how can rent increase in the short/long term?

I could see 65% being a good rule of thumb, but doesn't value of the property come into play as well?