then you've got to hold it together, don't spend too much, stick to a game plan and BAM - i think this is a GREAT way to go about investing in real estate...i didn't mean to sound too harsh, but sometimes you've got to drive home a point - GAURD your hard-earned money.

Ok...so I saw this ad in Craigslist yesterday:[i]Invest your CREDIT and make 30k- - No $ Req'd RE If your looking for a great investment, and you have a 700 Fico or above you can work directly with builders and earn 30k min a few months.

You will earn the expected return on the tax lien but you will not get the property.Many tax lien certificate (TLC) buyers are in the business for the yield.

This is how they're able to earn listing referral fees from REO brokerages such as mine.

If you use a downpayment, you still have the "opportunity cost" of the money, meaning what you could have earned on it if you invested it elsewhere.The minimum positive cash flow that I will accept is $100 per unit per month.

Even if you did know I would be a bit more polite about calling their attention to their failings.You want to help them reduce or limit the damage.

Get a second job and save all the money you earn from the job.

You are renting.The capital gains treatment applies after you own the asset for 1 year.THough you could reduce your tax bill if you held title long enough to fit the capital gains tax treatment rules it might not be the best investment decision.

You will have the opportunity to have tax losses reducing your income due to depreciation expense (non-cash expense) and still be able to pass out non-taxable cash distributions to partners.

The Realtors that end up servicing Reo listing do get a reduced commission.