The boom and bust business cycle used to be much more destructive.

having five rentals allows me to save money and build a retirementwhile still being able to have time to practice and do my ministryI live on my church money and i save the rental income (I may use little for things here and there) but the idea is to save as much as possible.I dont pay mortgage or rent so my overhead is low.as far as return on investment my thoughts were as follows I buy properties based on what they were worth prior to the housing boom. so for example if a property sold for 98,000 in 1990 and I can buy it on foreclosure for 20k I feel I have a flippable housebut since I am renting it I consider it a flipable rental, I consider my R.O.I to be what I will be able to sell the property for 10 years from now. the money I get now is helping me generate more capital to purchase.other properties later.I am originally from NYC so I have grown up watching people be landlords turning single homes into two families or basement apartments I have grown up crunching numbers in my head watching basements apartments being built spending the nights in themand calculating the costs of doing a business like this.This is now my second job my church job being the firstI work at church 5 hours a week the rest I can devote to this.

That's why we appreciate property collectors anonymous.

(Bear in mind, most houses we typically deal with are going to be built after the 1910's and 1920's... and renovated sometime after the war during the housing boom)After the public got used to the idea of taking a **** indoors, and various advancements in microbiology happened (To say nothing of advancements in manufacturing), people started realizing that they could have colors other than white in their bathrooms.

Getting back in there, repainting, tidying up, adding a bedroom buy putting a closet in a nonconforming bedroom and BOOM...money out.

If I move overseas then I will continue to utilize mobilehomeparkstore.com looking for a promising deal.Exit Strategy: Rent to Own is a good exit strategy for single family homes, or if the market suddenly booms and I can make a 20-30% profit on the house that is also a good time to sell.

The Fishtown boom has spilled into Kensington and development is occurring as north as Lehigh. 

We still have a few boom years post that recession before the big drop. 

I just don't hear much about it I see a lot of empty lots, but also a lot of new infrustructure (much of it a decade old from the last housing/building boom 2005-2009 left over developments)We have a lot that is surrounded by some newer homes (2006-2007 built) and a lot of older housing stock (1940-1960s)  This property is near Coors/ central. 

Sure Vegas is boom or bust but for now, there is nothing signaling even a hint of froth.9.