I do wholesale, but I am not obligated to wholesaling because I own enough to sustain me each and every month.

I just watched & to tell you the truth what was said by both resonated with me far more than either of the major party canidates.If you have not and would like to see it here is where I found it.http://www.ronpaul.com/If you have seen it what did you think?

johnmichael: I will teach you over the next few chat's how to find even more money to do your dealsDan_Auito: again mailing under the radar screen with a sustained campaign pays offjohnmichael: STEP 2 - Fix it up or improve it in some way.

You can buy these for a very low price and earn a nice sustained ROI.

Some things impact current cash flows, some impact future cash flows, some impact current taxes, some impact future taxes...Is this a good buy or not and should you keep it: Can you afford the cash outflows required to sustain the property?

Possibly, they could sue you for specific performance and force you to sell, or somehow quantify the loss they sustained when you did not deliver (hotel expenses b/c of no home to move into, etc.) and (also) sue you for those damages.

It appears to me that the convergence of several scenarios has caused the foreclosure rate to jump way up.First is the sustained period of low interest rates that allowed people to purchase homes that would normally be above their means.

And, if you balk at the $1,200 per year you pay for property insurance, you'd pay maybe $1,000 per year in time, state filing fees, accounting, and corporate diligence to have and sustain a legal LLC.

My units are not cheap, I only acquire nice buildings with these intangle qualities because I know that, in the long-term, this is sustainable.

At some point the sprawl will be contained either through boundaries like Indian reservations (to the south of Phx) or simply too great of a distance from jobs to make people's commutes worthwhile -- which will jack up prices in places where people have already built, which means even more appreciation for home values.The big negative here is that these are cities in the desert, and if drought keeps going (a real possibility), then there might not be the natural resources there much longer that would sustain the population, which of course would mean people selling and moving out and losing a lot on their real estate investments.