BiggerPockets

I might start myself by saying that I currently rent but am pursuing 203k FHA financing to try and flip a house that I would like to live in and ultimately when I decide to move, make money on. This way I can take a little more time with the process.

Although now that I have that pre-approval letter, everyone seems to take me more seriously, so maybe I should just use that to wholesale some amazing deals :D

I live in the town that I like more than any other place in the world. You can do real esate wherever you live, so you might as well live some place you like.

Job? Real estate is my job. Friends and relitives can fly up to visit if they don't live local.

Right now, I am living in one of my rentals. I buy a house for myself, fix it up, live in it for 2-5 years, and take my tax-free profit (until Obama closes that loophole). Houses are easier to sell vacant, so I moved into whatever unit came available at that time.

My rentals are all places I would live in myself, so I didn't care which one.

I don't see where you live would affect business. You should not be taking your clients and tenants inside your home.

Maybe if you are a huge developer, you might have the mayor over for dinner. In that case, you'd need a show home.

Part time in Europe within 45 minutes of all properties there and part time in Florida smack in the middle of our US properties, less then 15 miles from the furthest.

When in the states, getting shorter and
shorter each year, or in Europe we handle all the major work and events and then have a local manager when we are out of the country.

Our homes are single family with enough property for piece and quiet, but not too much to handle as we are are getting less and less enamored with actually doing most of the work ourselves, and have other interests, school, programming, etc.

Will be looking at going back toward cities within the next 10-20 years, in fact have some building land already set aside for getting more urban when required in Europe.

Looking to begin unwinding our Florida properties and exchange them in for a nice oceanside residence in the next 10 years or so.

Not selling at todays prices though, now is the time to buy, not sell.

Will have to wait for the Florida police to begin to bring down those retiring baby-boomers who still have enough cash to buy a winter or second home.

Well I live what I consider to be paradise. Costa Rica. I call a very small mountain town home. I love the people, the weather, the fresh air, the countries commitment to sustainable resources. Almost 30% of Costa Rica is designated Protected Land.

A modern peaceful Democratic Society. They dismantled their Military in 1948. I cant imagine living anywhere else at this point in my life.

For investors it is a great atmosphere and property taxes are next to nothing.

What's happening with those high rise condo projects downtown in Charlotte that stopped construction?

hey lynn...thanks for raining on my parade!!! haha, in all seriousness..your guess would be as good as mine..still stopped...when you drive by downtown charlotte you see a beautiful skyline and then some construction cranes...but whatever..i still love charlotte, and someone will pick those condo investments up eventually

When I moved out here (Phoenix area) I was thinking about buying a duplex or bigger and renting out the other units. But for the reasons of what Tim said I decided I didnt want to do that and I was probably still going to be paying a little cost for living in something I didnt really want to.

So I settled for renting a few blocks from the Arizona State campus. And as a 22 year old single guy I think I made the right choice :D