Unfortunately I do not have any to contribute.

Dare I ask that you BP heavy hitters friend me on FB and contribute there?

I was planning to start with pre-forclosure/short sale investing (buy/hold) working directly with the sellers and banks but not sure if this is even a viable option anymore.My primary background is in the information systems and web development.Thank you everyone for contributing to the forum and providing me with a lot of reading material.

You cannot put any money in, nor take any money out unless the money going in is your annual IRA contribution and the money coming out is an IRA distribution.

Pat there are limits as to how much you can contribute to an IRA in a year.

You can experience conflict contention on multiple fronts... like property selection, your management time, capital contributions, asset resource allocation, etc.

Looking for some guidelines and/or suggestions for equity sharing based on partners contributing to real estate transaction.

All joking aside, it's pretty amazing what this organization has contributed to global health, education, etc, over the past several years:http://en.wikipedia.org/wiki/Bill_%26_Melinda_Gates_FoundationBtw, having worked for MSFT for a long time, I can promise you that employees of the company make a LOT more jokes about their own products than people outside the company make...there is plenty to joke about

Hello all,I have heard of people getting short sales at 40% - 50% below market value.Can a few of you share your success story and what factors contributed to such successes.Getting shorts at 20% below market value is quite common as long as its not a Fannie or Freddy or a loan with PMI.

Nobody wants to believe the 50% rule (expenses, capital and vacancy eat up 50% of the gross scheduled rents), but this is exactly the sort of unusual expenses that contribute toward that 50%.