They are facing increasing competition from McDonalds and other companies/chains that are now advertising gourmet coffee drinks at sub-starbucks prices.

I am a seasoned rehabber and I have been watching a foreclosure for some time and they just reduced it by $15,000 now I need a POF letter to make a bid. I have been buying very cheap houses and rehabbing and selling a...

Nice extra cash cow :)Also ZG on gold, another no brainer :)Congrats on the nice sale!

I talked to him personally and he said NR is done and he was way up the food chain, he also mentioned that NR has a good product but is very pricey in today's economy.

Of course with that kind of number you're just jerking your own chain too.With an owner that's already asking above comps I'm not too sure you're not wasting your time anyway.

"Daisy Chains" usually implies a package of multiple properties, aka "bulk REO".

In my area, the towns that have the 'big box' chains like home depot, lowes, and wal-mart are actually MORE affordable than some of the small towns which have not allowed those companies to come in.

Many people spend months and years trying to learn the knowlege all the while missing out on a lot of deals they could have profited from.Who wouldn't be willing to do a deal with Donald Trump in a profit sharing contract.What the Don touches turns to gold.

The concept seems (at least on the surface) like it would work quite well in this market.In it's new form, he has three levels (Free, Gold, Platinum)New Form:It is the Platinum level where an investor can flip.IP = Buy at discount, Sell at appraised (to Buyer with down to 500Fico), Assign contract, Seller creates Note...

You can sell them individually, but they'll be condos unless you have a really big chain saw.