Originally posted by @Carl Fischer:@Lee AnconaFirst don’t jump unless you have a reason.  

Many billionaires are buying now so why not us.

It keeps the slaves on the hamster wheel and keeps the billionaires on their perch.Your rental income will never shield your W2 income.

I mean material as recently as late 2022 was totally off-base-- the real estate rookie bootcamp, you had porfer Morby on here, the Carl twins that promote STR as recession proof, the list goes on.

Billionaires are miserable too.

@Carl Flint  These properties are NOT producing $200 or even $100 cash flow when I run the numbers. 

Quote from @Zierry Eme Carl T.

“If more information was the answer, then we'd all be billionaires with perfect abs.”― Derek SiversI've always said the worst question a real estate investor can get from someone looking to invest is, "How do I become a real estate investor?"

Land is scarce, development is limited by resources and decade after decade the millionires are kicked out by the billionaires..truly.Anyway, that's my view, it's a long term hold view in an idyllic spot that few people will be able to attain ownership in.

@John Underwood: @Luke Carl: @Ryan Moyer: @Leora Merrell:Newb here to STR.