As a disqualified party to your retirement plan, you cannot transact with the plan in any direct or indirect fashion.

Instead of going to the commercial loan side, I went straight to the Director (?

In terms of drops I am not talking every 30 to 60 days.I am talking every 3 to 4 days or 1 week max.If this was a property needing a bunch of work I wouldn't overprice it when listing it.If the seller wasn't realistic I wouldn't list the property.I have over a thousand investors in my database built up over the years.It is guaranteed that when I take the listing only when priced right and market it I will not need a wholesaler.I will easily land a direct investor or buyer for purchase.The more people you have in a chain the more complex the deal gets.I like to keep it simple,control it,and close it.The point I was making before is if a property is listed at 80,000 and the investor offer is 40,000 then for the seller simply reduce 1 to 2 times every week until an offer comes in.It doesn't do harm to list it a little high to start out for the first week or two but then you have to reduce ahead of the curve to sell quick.Banks do this all the time.When I list a commercial short sale it is very rare for a bank to take the first offer.If I have it listed at 400,000 and the payoff is 1 million.I might get 5 offers in.One at 380,420,460,540,410 etc.That market value isn't the loan balance but what current sold comps are.By the asset manager reviewing price and terms of each offer and the net the bank sees that the property has had full exposure and here is the top of the value they can extract for the file.The asset manager then shows the supervisor,director etc. to get final approval.While it is true a seller has holding costs they have to weigh the price offered versus what they could get if they hold out a little longer.Banks sell thousands to tens of thousands of properties a year so they know how to extract top dollar for a property.Sometimes you get lucky and land a new asset manager or buy at the right time of the year when banks want to dump the property.

Investor clubs that are serious about learning how the states are regulating the industry can sign up to join NARHRI online at www.narhri.org or contact Executive Director John Grant at (202) 232-6708 for more information.

Today I had a meeting with the economic development director for my city and he has pledged funds and he is also going to help to get funds from the city's CRA fund.

Originally posted by nationwidepi:Michael, You mentioned the people that control everything: Their names are Citibank, B of A, Goldman Sachs, etc The list you provided: They have clout, but do not control everything (in mu humble opinion) The Bilderburg Group would include the board of directors of these companies you have named.

Buy them at their cheapest - .001, then wait for them to do a corporate announcement of a 2:1 split or hiring a new board of directors or some other B.S. official sounding memo that gets people excited and sell it at .003.

if i were you and threatening to take this to court i wouldn't even accept a half court. the point isn't what YOU want, its what the docs say is allowable. also, u may be able to still get on the board before elections in a 'director' capacity. i know that in my hoa, the OFFICERS must be elected at the annual meeting but the director positions are elected by the board.

See if they are a note holder.Call the funeral director and ask who is taking care of the estate.....so far you are not talking with the family.Now, knowing there is an estate and a note, contact the trustee or exectutor(trix) to see if the estate will be liquidating assets or the note.I always try to stay away from family as that is the last thing they want to confront in that immediate term, but who ever is making funeral arrangements or did make them will probably be facing the business side of the estate.

I do not have a college degree, but currently hold a job that would typically require one (IT director).Past jobs I've had typically required a degree as well.