I'm in the process of setting goals and plans for myself, but much farther out than normal, I would like to set RE Goals out to 20 years to reach my desired net worth.I've realized that setting high goals for yourself aren't a bad thing, I set my real estate related goals to more than double what I expected I could do, and so far for 2008 I'm at about 70% of my goal which isn't bad at all becuase I surpassed my low goal half way through the year.

So not only to convervative hard working people have to bailout the deadbeats because we have to pay for there modification through more taxes but now our value in our house will drop in relation to the % of principal write downs.

But even with hard work, you have to have a lot of pieces you don't control fall into place.A couple of very interesting books related to this topic are "Outliers" by Malcom Gladwell and "The Black Swan" by Nassim Nicholas Taleb.

It's also relatively easy to put together larger teams of bird dogs by utilizing message boards, Craig's List, and other online resources.

You simply must do a full analysis, there is no easy way out.But if you're like me and you know that you only want to invest in certain types of properties using only certain types of strategies in terms of financing, then you can probably zero in on the type of cap rate that you know you need to get, relative to the loan rate and use that as a rough guide for quickly evaluating new properties as they come to you.

I think the foundation issues (relatively common in this part of Texas) currently prevent many people who'd otherwise buy this house as a primary residence from considering it.

Or, do it twice, and hold the third one (be into that one a bit cheaper, relative to rent), and you're in a position to keep going.

I know this is relatively old news, but these guys turned my life upside down and bailed, if anyone has current info, please share. 

I have a relative who has 350 units, and the 50% operating expense holds true.

Less bandwidth for my hosting/website PLUS the sex appeal that Youtube gives to your buyers.