Imbedded in my Purchase and Sales Agreeement is a phrase that states "This Agreement can be assigned" This is what allows me to wholesale the property without having to purchase it myself.The main ingredient in a successful wholesale is starting with a motivated seller.

Stormteam,There are not any magic words or phrases that make you successful in buying property.

Rice"Tax-Free Real Estate Investments" by Diane Kennedy and Dolf De RoosCompanies that I'm aware of Sterling Trust Company (I use these guys)Equity Trust CompanyEntrustFiservGuidant FinancialIRA Resource Associates (Patrick Rice' company)Pensco TrustIRA123Checkbook IRAGoogle phrases such as "self directed IRA", "checkbook control IRA", "Solo 401(k)", or various permutations, and you'll find the info.

The phrase is more of a marketing term than anything else.

I waxed poetic about being 'retired' by now-- having 'systems' in place to do all the cr*p I basically have to do day in and day out.I traded my 9 to 5 for a 7 to 7 because I LOVE it, but my wife likes to needle me about my grand ambitions and wonderful plans for freedom and so we've sort of dubbed the phrase 'fool time' investor as a play on 'full time'.

Technically the property is therefore in foreclosure.Others use the phrase pre-foreclosure to mean properties where the owner is having problems but no legal action has been started by the lender.

I'm customizing these forms by adding some phrasing and clauses which I will have reviewed by an active RE attorney in my state.

Phrased another way, what exactly to commercial tenants see the owner of the complex for besides negotiating the lease?

One glaring clue is that the e:mail correspondence will be disjointed and feel awkward to read -- spelling will be accurate, but phrasing and sentence structure will not be of the caliber you would expect from a highly-educated professional.Variations on this scam can be very sophisticated: Some operations have "mules" on the ground here in the states, and most of the time these people will not know they are pawns in the scam.

(I word the question this way because tenants are more likely to answer honestly if the question is phrased this way than they will if asked "Do you have pets?")