[madcat123]

It's great that the author is successful in his choice of investments, but I think the post makes the whole thing look much less risky than it is. Real estate prices only go up, right? WRONG [1]. And if you're leveraged 1:10, when prices drop the whole pyramid comes tumbling down painfully fast.

Buying one property per year doesn't seem to be too much, but 5-6 years into it you're way more leveraged than you should be; it's easy to get carried away by imagining potential future rewards and ignore the actual risks involved.

[1] http://www.arizonarealestatenotebook.com/wp-content/uploads/...

[jsonmez]

I survived the real estate crash easily, because all my loans with 30 year fixed loans and a leverage amount of 10% down was sufficient enough to allow for rent to cover the service of the 90% dept on the property. This is very different than speculative investing where you are counting on real estate prices to go it. Sure, I'd like prices to go up, but I'm perfectly happy having a renter pay my mortgage for 30 years as well.