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To: Road Walker who wrote (140931)	9/17/2012 7:21:48 AM
From: Cogito	Respond to of 213176

But really my original point was that NOW is great timing to get into RE. Money is very cheap, RE is very cheap, and rents are very high. All the key metrics are in your favor, especially if we return to inflation somewhere down the road. Yes, I think so, too.

To: Road Walker who wrote (140931)	9/17/2012 1:51:33 PM
From: Stock Puppy	Respond to of 213176

That's a good way to get rid of the smaller, more mundane issues. But if something serious goes wrong, you're still on the hook for finding a solution, and want to be because the money comes out of your pocket. That's why our dear and fluffy lord invented ... insurance. But you need to have enough, you don't want liability in case something happens or in case you get an entitled nutcase. But yeah, the tulips die and you don't live too far away... Even if you know how to do stuff like electrical and plumbing, there is the problem in many locals that you need to be licensed if you work on it and then if something goes wrong - zap no coverage. I love closings. You get this long line of people with their hand out - I wonder if someone not involved gets on that line - will someone cut him a check too?