I squandered my cash in the stock market (to the tune of 250k…) but I've stopped gambling in stocks, and now have a bit built up in my war chest for real estate investing and money from my 401k available for investing.

Thanks for the update, and welcome to your investing adventure!

You'd like a cash-flowing property in an appreciating area or a property where you can force appreciation, but banking on organic appreciation is akin to gambling.

If the market isn't right for selling, hold onto it and keep collecting checks until it recovers.If you buy for appreciation, it's a true gamble.

You can buy for capital appreciation(which is a gamble), buy for cash flow, buy a REIT and play real estate like the stock market.  

My next adventure is buying a 4 unit multifamily that I will be closing on in the next few weeks.

So now, at this point, you are pretty much gambling on your flip if you use anything else except SW.

I hope you keep a BP Diary so we can see how the entire adventure progresses.  

well when you put it that way, makes it seem like I'm gambling, hahaha. 

Hello everyone!A year ago I decided to start my education in real estate and went through the 90 hours pre-license course of real estate, I passed the course but decided not to take the estate exam, instead I decided ...