One American household out of 10 under water

[Multiplepropertyowner]

Well said Deal Hunter.We are from some of the same roots in regard to families in RE. My family got to SD in the 40’s after the war and my Pop’s pretty much built Mission Valley with his partnership group (Mission Valley Inn, The Town and Country and a few others)
You comment on Real Estate always coming back reminded me of his 8 keys to real estate investing.
1. Use other peoples money to make yours. (Thus, i am a big fan of the 100% loan and used for all it was worth)
2. It is not the price you pay, it is the terms of the agreement that matter.
3. You make your best deals when you have the least cash.
4. Never live more then an afternoons drive from your properties.
5. Stay out of stocks!!!!!!
6. Scour the papers for divorce and death notices. Desperate people make desperate decisions.
7. Cash is King
8. Real Estate always comes back.
Follow those rules and you will make a killing no matter what the market conditions!

[Mean Reversion]

#6 is true. #8 is true, but a useless adage.

The rest is true sometimes, but I disagree that they will make you a “killing” regardless of market conditions. They would probably get you in trouble more times than not.

It just happened to work for someone you know.

[Mean Reversion]

#6 is true. #8 is true, but a useless adage.

The rest is true sometimes, but I disagree that they will make you a “killing” regardless of market conditions. They would probably get you in trouble more times than not.

It just happened to work for someone you know.

[Mean Reversion]

#6 is true. #8 is true, but a useless adage.

The rest is true sometimes, but I disagree that they will make you a “killing” regardless of market conditions. They would probably get you in trouble more times than not.

It just happened to work for someone you know.

[Mean Reversion]

#6 is true. #8 is true, but a useless adage.

The rest is true sometimes, but I disagree that they will make you a “killing” regardless of market conditions. They would probably get you in trouble more times than not.

It just happened to work for someone you know.

[Mean Reversion]

#6 is true. #8 is true, but a useless adage.

The rest is true sometimes, but I disagree that they will make you a “killing” regardless of market conditions. They would probably get you in trouble more times than not.

It just happened to work for someone you know.

[Borat]

How do you reconcile “Cash is King” and “Use other people’s money”? Maybe he means “use other people’s cash and you are a king”. Kings get to do that sort of thing.

[Borat]

How do you reconcile “Cash is King” and “Use other people’s money”? Maybe he means “use other people’s cash and you are a king”. Kings get to do that sort of thing.

[Borat]

How do you reconcile “Cash is King” and “Use other people’s money”? Maybe he means “use other people’s cash and you are a king”. Kings get to do that sort of thing.

[Borat]

How do you reconcile “Cash is King” and “Use other people’s money”? Maybe he means “use other people’s cash and you are a king”. Kings get to do that sort of thing.

[Borat]

How do you reconcile “Cash is King” and “Use other people’s money”? Maybe he means “use other people’s cash and you are a king”. Kings get to do that sort of thing.

[kewp]

5. Stay out of stocks!!!!!!

I dunno, SRS has been a good pick for me!

http://finance.google.com/finance?q=SRS

[kewp]

5. Stay out of stocks!!!!!!

I dunno, SRS has been a good pick for me!

http://finance.google.com/finance?q=SRS

[kewp]

5. Stay out of stocks!!!!!!

I dunno, SRS has been a good pick for me!

http://finance.google.com/finance?q=SRS

[kewp]

5. Stay out of stocks!!!!!!

I dunno, SRS has been a good pick for me!

http://finance.google.com/finance?q=SRS

[Author]

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