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WHAT IS HOT MAPPING™?WHAT’S HOT AND WHAT’S NOT

Over the past four plus years since the writing of the original Are You DUMB Enough To Be RICH?, I have softened my view on several items; one such item is investing out of your area. I still firmly believe that you are better off investing in your local market when you are starting your investing career; however, there are some markets that are somewhat pricey to buy in as a beginning investor. A few of these markets (certainly not all) are: New York City (the only truly unique real estate market in America), Boston, Washington D.C., Fort Lauderdale–Miami, Los Angeles, San Diego, Seattle, Portland, and San Francisco.

As the foreclosure rate in our country continues to set new historical highs ...

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