Of course no one wanted the results of these mega businesses going under.As far as the direction and those smarter than you and I and all that, I have to say that if you look backwards a bit, raising taxes in the depression was a direct cause of the downturn.

And then take those two facts and combine them with the fact that the current economy has created a higher percentage of motivated sellers than our industry has seen since the Great Depression, and what you get is that there is an incredible opportunity for wholesaling right now.There are still buyers in California.

My understanding is that his wife passed and he's been depressed basically drowning himself in his work at his job (he let alot of things go and I'm told other family members were supposed to take care of making payments - instead they stole his money).

It takes the people in the depressed areas to decide if they want to save their city or not.

I heard that after the depression of 1929 the banks paid off their account holders - $0.10 on the dollar - 5-10 years after the fact.

Appears some areas still offer rehabbing as a viable business model but for the most part, buy-and-holds more popular especially with depressed home prices elevating investor returns when compared to CD's, stocks, bonds, etc.

What he doesn't tell his audience is that in his little part of the country, the market had been depressed for several years both before and during the Booming 1999 to 2005 years and that the average price of those 15 homes was most likely under $30,000.The Poor Marine Corp Pilot who gave up his commission, was out of work and collecting unemployment (sob, sob) who found a defunct multi family property and was able to make a deal with the seller (who couldn't give the property away) using a "Master Lease Option".

I know you have all probably been pretty depressed since I have been gone and patiently awaiting my return....jkI am creating this topic to see if anyone has any tricks of the trade that they use in the ss negotiation process that they may be interested in sharing with us.I have heard of people using the following items but have had mixed opinions on their effectiveness:-crime statistics for neighborhood/subdivision-sex offender map-LPS reports that reflect REO data-REO vs.

Glenn Beck also admitted to drinking and smoking marijuana EVERY DAY for 15 years and contemplating suicide because of the drug-induced depression.

Especially in today's depressed market.