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Non-Tech : Investing in Real Estate - Creative Opportunities -- Ignore unavailable to you. Want to Upgrade?

To: John Vosilla who wrote (2515)	12/14/2015 11:24:29 AM
From: Riskmgmt	Read Replies (2) \| Respond to of 2722

>>I have built up a lot of equity almost debt free but the tenant pool has really gone down hill from say just 15 years ago. Have more than enough rentals looking at mostly flips going forward the next 3 years. Looking at Gen Y being most of the labor force is not too encouraging << Debt free rentals are hard to beat, when the next easy financing boom starts you can refi, sell or trade up into multi-units and get professional management and a break from the day to day stuff. Meanwhile flips are good for income. Who knows where the market will be in a few years, any market, stocks, real estate or commodities? Who guessed oil under $38 when it was $150 and "peak oil" was the mantra, or gold at $1070 when it was blasting upwards like a rocket past $1,800 amid the experts where saying $5,000.00 would come soon. In Florida in 2008-2009 for every buyer of real estate there were more than ten thousand would be sellers. Anyone predicting 10 years ago that rates on CDs and mortgages would be this low would have gotten ridiculed as insane. Yet here we are. So who knows where these markets will be in the future but you can know that if you own rental real estate you will have income whatever else is going on. Riskmgmt