Not set up for utilities" and then pulling power from another property is a big fat fine for everyone involved.

Originally posted by Charles Perkins:I was just reading that HUD may expand the 203K program to investors.http://themortgagereports.com/10692/fha-203k-eligibility-may-soon-expand-to-real-estate-investorsI suspect that those loans will be fat with fees to replenish the insurance fund.

He goes in, fixes the marketing, streamlines operations, and trims the fat in administration.

I had a property where they didn't even supply comps, and there were hundreds available, just not the ones they needed to fund the fat pensions and other ridiculous gorwing fees they have.

I've made as little as $500 when the deal was skinny and as much as $65,000 when it was fat.

I also work in the medical device industry as a spine implant rep.

I'll take millions of dollars and a fat dividend that beats real estate over a 'network'.

.#2  Recession and downturn makes companies lean and cut out unnecessary fat (namely labor fat) and when oil prices increase, the profit margins will jump while operating expenses will be lower.  

I can't speak to the man's motivations but at 88 I want all properties gone and be living off the interest on my big and fat (hopefully) savings account.

A big fat ZERO out of pocket expenses other than my cell and Internet cost which I would have anyway.1.