"There are lies, damned lies and statistics." - Mark Twain

ex) you see the investment property and you like it, all the numbers look good it's more of a buy and hold and your source of income is from the rent and appreciation later..the fund collects partners from all over. investors are "collected" until enough $$ is collected to cover the cost of the property. so it's a real esate partnership with no min and with numerous partners, run by a company. so a real estate investment trust in small form for small investors, who have lets say 1,000 lying around in a bank account.Not sure if i'm clear, but would you be willing to be a part of it?

Does that mean you lied in your original post about having a home in foreclosure???

Seriously, if you commit fraud and lie to the parties involved in the deal then you are part of the reason that RE investors are looked at as con men and scam artists.

At that point if you lied in the first place, the judge will be gunning for you too.The type of business you have has nothing to do with writing off expenses, unless you want to have a C corporation and be tax twice....You can have a strategy of saying making capital improvements to your properties, spend money to put a nicer roof on, landscape that MH park, repave the road, etc. this will reduce you income.

ANYONE that tries to tell you they can time metals or stocks etc, is lying, or in Ripleys Believe it or Not!

v=kS5vm149vGcWhile perhaps there are some good uses for this technology, it seems like it could also be an opportunity for the government to start violating Texans' 4th Amendment rights...Note that this thread has nothing to do with Obama, Bush, or Palin, so hopefully any discussion here can be non-partisan and kept on-topic...

Between the entertainment industry in southern CA and the technology industry in northern CA, California has contributed more to the rate of increase in GDP than any state in this country for the past 30 years.

But it also heals.That’s the lesson of the Great Depression of the 1930s, the S&L disaster of the 1980s, the giant insurance failures of the 1990s, and the tech wreck of the early 2000s.As long as Wall Street and Washington hid the real facts and lied about their true consequences, the crisis lingered and deepened.

I don't blame brokers for people's bad financial decisions - yes, they may be misleading or selling people a product they shouldn't be in but at the end of the day, responsibility lies in the hands of the person taking the loan.