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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (106173)	2/22/2008 11:43:38 AM
From: John Vosilla	Respond to of 306849

The changes are subtle. The government auctions were good the entire decade of the 1990's for the savy full time investor. The huge discounts for the average person though ended by 1995. Keys seem to be how big the REO pool is and how tight credit is.. But the biggest differences this time are rates are already so low and we are in a period of rising inflationary pressures so it will play quite different coming out of this mess.. Seems those buying cash flowing property dirt cheap with long term fixed mortgages at these low rates will do incredibly well. I had to fix and flip for a decade cause we didn't count on much appreciation in the pre 9/11 world..Much harder than buying, renting, leveraging and then watching your equity pyramid via real inflation tax free over a cycle.. I will probably do both once the rental market tightens a bit as I did from 1999-2002 when we started to have some appreciation and increasing rents.