So naturally investors are looking into other markets like real estate as alternate investments.With baby boomers retiring and moving out of their homes for a variety of reasons, this will actually help support the supply of new homes to the market in a gradual way.

Instead we opted for a very used mini-van.

If they are really requiring a bigger down-payment try to negotiate a couple mini-balloon payments.

In conclusion, I don't want this thread to become"Drill baby Drill" versus "No Fracking Way"Also, Please cite the "bust" town you refer to.

In July I bought a SFR for another client - it was $53K, but very good area and possible to flip or to rent - both will make good numbers.Rent will be $1400/mo, flip will yield at least $50K ($145-160K ARV) depends on the finishes.It won't be 20% ROI on rent but it's B neighborhood and very desirable area for baby boomers to live on retirement.

I just got married last year and now have a baby.

Then the following month I hit a pothole and had to get new tires haha, all this while trying to save up for a baby on the way.Now that he's been born and everything's paid off it's worth it, but it really did make me question things at the time.

So we downsized our residence, sold the big house in 2013, bought a modest little farm, and rolled our tax free profits (over 55, baby!)

I have been wondering when the shift of money will switch from baby boomer to millennial and I think we will see the indication of it when the effective marketing methods change just like this.

The lottery is the fastest way LOL unless your a trust baby , on a real note tho diversify, first no one will get rich off working for someone else unless your that lucky one who lands the job as a top executive and it wont happen over night, however any one can build a business and you don't need a degree in business to make it successful, hard work and a good team will make or break your company.