It's like an automobile.

They called themselves Bargain Network, offering listings of automobiles and home listings of foreclosures, repossed and FSBO's.

I videotape cabinet doors/drawers opening and closing, toilet flushing, faucets on and off, light switch on/off, doors opening/closing, walls, ceiling, light fixtures, flooring, exteriors, front/back yards, front door, garage, Tenant's automobile(s) including license plates, etc.

Assets that may be used to secure funds include automobiles, artwork, collectibles, real estate, or financial assets, such as savings accounts, certificates of deposit, stocks, bonds, and 401(k) accounts.

My rule; if you are that forthcoming, you are a terrific risk ... it is the ones that hide the truth that are the problems.If I do meet with a prospect face to face, I pay close attention to how new the automobile is, the jewelry, the toys, i.e. cell phone, and the clothes - are they designer clothes.NOTE: I once read more than 50 percent of people making less than poverty level wages own a smart phone.

Look at the automobile industry.

I saw photos of one REO that was used as a "grow house" where the electric meter was bypassed with automobile jumper cables; with underground utilities, they actually broke a big hole through the concrete basement wall to hook this up.

Of course all American taxpayers, and their grandchilren will be paying for your (and lots of others) mistakes.So although all of us on this site claim to be pure capitalists, we will be happy participants in the SOCIALIZATION of the mistakes of people who spend more time researching the purchase of a $20K automobile than a $200K house!

anyway....His wife was nagging him in the background saying, "No one's gonna buy a Lime Green Hornet (automobile), off the intenet."

I also hold some RE backed notes, automobile notes, and I lightly invest small sums in the businesses of friends and family.