I had a neighbor who had been whacked from his job at a Fortune 50 company at age 50, he had 4 1/2 rentals and was looking for work.

Fortunately it is just over an hour drive for me, so I'll be commuting.

Fortunately I took the money and ran on those.

A few laggards are still thinking they can make a fortune without any work, but for the most part, those who remain in real estate are serious investors.

I made a small fortune during the late 1980's selling off RTC product.Here we are again.

Taxpayers who were more fortunate and bought rental or investment property are allowed to defer the payment of taxes through the 1031 exchange, but Section 121 was not designed to help taxpayers escape taxes on all properties they own, just their primary residence.

Fortunately we are just beginning our real estate foray and are analyzing several ways to take advantage of its inevitable return to appreciation.Your right Melbourne is a great area and thanks for your reply.

But it got me thinking that I am not doing nearly enough for others that are less fortunate than me.

I'm fortunate to have good tenants, and I rarely need to charge a late fee. 2.)

In times of economic downturn vast fortunes change hands.Or something like that.