See my review on the above BP thread.There is NO goose laying golden eggs!!!   

Account Closed Thank you for the succinct post, I appreciate this insight a lot@Robin Simon Thank you for dropping that golden nugget right there, very helpful This might be esoteric and beyond the scope of this discussion but if someone's interested, this paper by FHFA discusses the entanglement of fiscal policy which influences treasury rates and bond yields and mortgage rates in detail 

But that golden nugget is left for my clients!

Many people are buying marginal deals hoping the multifamily will have its golden age forever.

While my experience is only a sample size of one, what I've seen is a lot of upper age Baby Boomers getting fed up with Austin and moving to places like Bastrop or Elgin to buy fixer uppers that they spend their golden years fixing up.

Similar to 2011-2012 time period, the next few years will be golden years for REI, in my eyes.

The hours at my job couldn't let me visit family who lived halfway across the globe - that's why have have a flipping business.

You don't want to see your goose who lays the golden eggs leave!

If every deal looks golden you know you're doing it wrong :)I have plenty of raw data I can send you to get started from the deals I see, and can underwrite a few deals with you if you think that would help.

So no money out of pocketUnit rental Cash flow = $850Excess Parking Cash Flow = $2,000 Gross per month, I split it 50/50 with the person who runs the parking lot, I net $1,000 per monthEstimated Value = $400,000This is a golden goose :-)