A Wedding, a wife, a house oh my!!!

[mredskins]

Originally Posted by firstdown

So now its a good idea?LOL

I know my advice original was for someone just starting out. If I had no investments and was just getting married I would not take that risk of buying a home and/or getting rental properties.

I think we are not seeing eye to eye where money can be made in the real estate market. you seem to beleive you can buy something then have it appreciate and make money. I don't see that as a good risk since the housing market is frozen or worst melting. My investments were ones I made because I moved kept the property and rented them out, all before purchased before 2005.

In hindsight there was a good amount of risk and most likely still is but I am willing to take it has panned out well so far for me.

To be clear I would not add anymore properties right now that would be too risk in my opinion for me. someone else may have a better cash flow and it be lower risk for them.