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.

I'm currently interested in wholesaling and buying rentals to build long term wealth in this depressed economy!

I'm currently interested in wholesaling and buying rentals to build long term wealth in this depressed economy!

It doesn't work as well when stock prices aren't rising, but there are ways around that...for example...The biggest way around it when the stock price is depressed is stock buyback programs.

I would find it depressing to listen to all the owner's sad stories day in and day out.Once I save up a considerable amount with the help of PMLs, I will be buying mini bulk tapes, rehabbing the assets and reselling them or keep and hold, depending on the area they are in.There you have it -My nameWhere I am fromMy RE backgroundWhat I am doing now andWhat my goals are... well not in detail, I have a few goal lists short, medium and long - personal and financial.