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The Rise of the Mom and Pop Investor
I just recently, last week, I interviewed a local real estate investor that owns about 15 properties. She self assessed herself in terms of real estate investment expertise on a one to 10 scale. Her response for a self assessment was an eight. Now, then I asked her what her annual income was per property and she could not tell me. That's, that seems hilarious to us because we're in this industry. We know that the rates are going to affect them. But I don't think the actual mom and pop investor is going to have a major shift like we have seen in the past.