Housing Market Slowdown

[sky's]

Originally Posted by Biggd

Many of the prime properties were bought by groups of investors with cash hoping to get the rental income and price appreciation. I know many of my son's friends bought into these real estate investment groups. We'll see how this all shakes out if prices drop and rentals slow down.
My son almost bought into one of these and I steered him away from them.
I took advice given to me by a smart uncle long ago and passed it on to him, "partners are for dancing"!

very well said.

[Major]

As Dave Ramsey says "The only ship that won't sail is a partnership." Having been in a partnership for nearly 20 years, I can attest to this.