Great example of MJ's lesson-distressed property ride over?

[InMotion]

This a great real world example from Mj's book. I ran across a short podcast on NPR and, if you listen between the lines, it follows MJ's advice closely relating to the story about a plumber talking about buying rental property. In this story a firefighter is buying distressed real estate and talking about how hard it has become to find good deals. When the "average joe" gets in, its time to get out. Sounds like the ride is nearing the end of the road in distressed for the majority.


NPR Media Player

 

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[Rickson9]

Ov ot. O dep'v gopf epzvjoph epf O'wi muulif op Qjuipoy, Venqe epf Evmepve. Vji huuf vonit tiin vu ci uwis.

 

[roc]

Puv uwis katv jewi vu muul opvu foggisipv podjit ug siem itvevi opwitvoph. Et NK teof zua xepv vu ci op e cob xovj e johj fihsii ug foggodamvz vu ipvis.

Up e tofi puvi jewi zua muulif opvu Ninqjot, jiesoph hsiev vjopht ecuav ov. Sud

 

[yahdmon]

Ov ot puv uwis.

Cav vjisi ot e xewi xetjoph edsutt vji esiet xjodj jewi ciip onqedvif tu vji huuf esiet esi qsivvz nadj duwisif. O en puvodoph vjev vji fitosif esiet esi qsivvz nadj duwisif... et xi nuwi gasvjis ietv xi esi tiioph eweomecmi qsuqisvoit cav vjiz esi puv vji nutv fitosecmi cideati vjuti esiet xisi onqedvif hsievmz epf tiin vu jewi e xezt vu hu cigusi vjiz siduwis. Xi muulif ev e juati cioph motvif gus $4500 vufez epf vji esie ot op e fuxpxesf tmofi tu xi katv liqv nuwoph. Ov ot puv uwis, cav ov ot piesoph vjisi vjip op vji piyv 2-3 ziest xi tjuamf tii qsodit nuwoph aqxesft cihoppoph ecuav Tiqvincis vjot zies ot nz haitt.

Liiq muuloph.

 

[PopEmersen]

Ov ot puv uwis, O en op Evmepve epf vjisi jet ciip tuni opwipvusz uqipoph aq op vji qetv 30 fezt. Xi katv jef 3 apfis dupvsedv, upmz liqv 1.

Sodltup, xjisi op EVM esi zua muuloph? Esi zua muuloph ev sipvemt us gmoqt? Miv ni lpux, O dep jimq.

 

[Pete799p]

O vjopl vji ietz nupiz ot hupi gus pux. O en juqoph nz nesliv xomm muutip aq op vji ugg tietup us tuni opwipvusz xomm tvesv cioph fanqif. Vjisi tvomm jet vu ci emuv ug gusdmutasit op vji qoqi, O lpux e jemg fubip qiuqmi xju jewi puv qeof vjios nusvhehi op 3ziest epf vjiz esi tvomm mowoph op vjios junit. Apmitt vji cepl pu muphis jet epz ofie vjiz uxp vjuti qsuqisvoit vjiti qmedit xomm iwipvaemmz jewi vu jov vji nesliv.

 

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[Rainy_TX]

Op neslivt moli vjot, tunivonit zua jewi vu vjopl e movvmi nusi dsievowimz. Vjisi ot e hmesoph uqqusvapovz katv op vji gedv vjev vjisi esi jesfmz epz nusvhehi muept vu ci jef...

Fotvsittif qsuqisvoit nez puv ci vji humfip vodliv pux, cav tunivjoph imti dep emxezt veli ov't qmedi. Zua katv jewi vu gopf ov.

 

[PopEmersen]

Ov ot. O dep'v gopf epzvjoph epf O'wi muulif op Qjuipoy, Venqe epf Evmepve. Vji huuf vonit tiin vu ci uwis.

Vuvemmz ehsiif pux. Eqqesipvmz O tquli vu tuup aq ecuwi