I assume she's not making much cash flow, because the value is high and taxes and insurance would eat that up.

If you calculate these and the deal is still favorable, you may just want to eat it this time, assuming you have no other buyer waiting in the wings.

You'll eat up about 8% of that on commissions and closing costs.

Runaway inflation can eat away at even the largest fortunes.

Man, the media will eat it up.

I would invest in townhomes and single family homes only (for residential).Condos are tougher to rent out, the condo dues eat into the cash flow and and if you have a bad association it can make life miserable.However, if you do buy a condo make sure it is a 3 bedroom......never buy a 1 or 2 bedroom.

Preforeclosure investors don't want a realtor involved because another middleman just eats the profits.

Perhaps if you could show her how the losses would be limited she might be more willing to listen because right now she probably fears it becoming a cash eating alligator forever.

JTPS How do you eat an elephant?

Hello all, this is how i spend my days(Phase 1 get my mind right)- Pray- Meditate - Exercise & go Jogging - Take a warm shower (while listening to relaxing music)- Eat a good breakfast(Phase 2 take care of business)- Check and respond to both my email and voicemail messages- Check to-do list, and complete any items due that day- Scan through that days top real estate news articles- Do a little networking through various real estate groups & forums (mainly for: education, finding deals, and building my connections) - Do at least one thing that day that normally makes me feel uneasy (I work on conquering my fears by doing them) (Phase 3 relax)- after all this, I put anything new on my to-do list to complete for the next day, then I either read a book, hang out with friends, watch a movie, or play video games.