Unlike the stock market, where tens of thousands of analysts are analyzing most every stock out there, real estate is an inefficent market where a determined and savvy investor can search out and exploit market opportunities before the herd discovers them.I feel like there should be an American flag waving behind me right now with the Star Spangled Banner playing in the background, but to me real estate is what America and capitalism are all about: with some hard work, determination, guts and grit _anyone_ can succeed in this great land of opportunity.

I'd live like a rock star for a year or two.

Then in order to maintain a really high "star" rating in a destination resort you'll put more into remodeling and updating than you ever would a "typical" rental.I have two friends that own(ed) places in Vail.

They had a deal worked with then Star Bank (now US Bank) to do the financing as a package deal at 7.75%.

Some folks were asking how to get on Flip this house, this may be the answer? Very interesting!

Casting a new season of Flip This House
Wednesday, June 27, 2007
From Steve Grant of 813 Casting:

Get your team onto Fl...

If anybody wants a copy of the e book message me to, free of course.Hi Blue Star Homes, I tried to PM you, but I am too new to the forum so the system will not allow me to send PMs to others.

I borrowed something from my Star Trek watching days.Jimi Hendrix - “Knowledge speaks, but wisdom listens.”http://www.famousquotes.com/search.php?

But, I guess you need to clarify what "red flags" are to you.Someone could be killing it/raking it in with sterling credit, income, etc. for that all to change when the cards fall if they are behind a ponzi scheme or even an honest profession that fizzled out (e.g. an actor, model, lottery winner or sports star who blew threw their cash.)Thus, a good tenant in the past could be lousy in the future and vice versa.

The parents won't be living in the home and in order to be eligible for the STAR tax deduction...it must be your primary residence..They also already claim this exemption on their home which they still currently hold a mortgage on.

I know you like the sports analogies Jay, a good coach selects talent, you can teach fundamentals of how to carry the ball but that doesn't make a star running back.