sdr
You are a pretty well to do established man …Your parameter are pertty different from so many of the younger guys here. As far as being in Judgement as Chris points out I think the few are really Judgemental and the rest of us are putting stuff out there and getting feedback and learning. I think you agree sdr?
I think there are different strategies for different times as much as there are for different people.
I think in a market taking off, leverage is good so as not to tie up too much capital in one spot(for us capital deficient types. In a declining market leverage seems like a bad position to me especially on a Family Home for people who don’t have extremely deep pockets. I say this believing the RE is easy to time you pay for it with poor liquidity.I don’t think Chris thinks RE is easy to time….Or he is so wealthy he doesn’t care.Being that he is such an expert on other markets maybe it’s a little of both?