Thank you everyone for your responses. I am thinking these strategies will be most valuable overseas, where areas haven’t recently had record-breaking property rises, reality TV shows about renovations, bookstores teeming with books about how people made their millions in real estate, and similar to the Silicon Valley tech boom, there aren’t handfuls of disillusioned people who have quit their full time work in the sincere belief that their real estate ventures are headed for eternal prosperity.

I have spent 2 months reseaching this, and I can sincerely say I learned two things:

1. Creativity, research, and intelligence remain the only way to continue to grow your financial position. Timing is, at best, a catalyst. Innovating new and useful ways to respond to your unique position cannot be taught in a book or seminar; it comes from the set of genes you were born with. There is no easy money, and you get out what you put in.

2. Herd mentality forgets this.