In this real estate market, mortgage companies are thrilled to get a regular payment from ANYONE; they arent looking to see whose name is on the check.

Kirk dropped out of 8th grade, and now owns half of the casinos on the Las Vegas strip.

Eventually I wouldnt mind owning a hotel, or even casino somewhere down the road.

This bothers me as it is akin to buying/selling stocks or putting $100 on red or black at the casino.

The only way to make money over the long haul with Casinos is to simply own one.Poker is a good way to make money, because you aren't playing the house, you are playing others.

On the other hand, I also am not thrilled about negotiating a short with the lender, possibly doing a title search and then finding out after that the seller has no interest in working with me.

They were all thrilled that even 100% financing could yield positive cash flows here--since I have only invested here with positive cash flows I decided to see how investors investing for appreciation thought!

The prices are not outrageous and there is a lot of planned construction going on including casinos.

My bidding is then 12-15% (net to HUD) below the HUD listing price.My motto is bid low and be thrilled if you win--remember there's something new next week if you don't.

I was recently looking at some news articles about Biloxi MS, ever since the hurricanes last year it appears as though the casinos are now able to build on land.