Local Market: SacramentoState: CAStatus of current housing market: S L O WInventory levels at record highs for 4 county area...Here is an interesting site that tracks the bleeding ....

I heard Bruce Norris speak last night and he predicted, among other things, that S-2 purchasing would be ripe for several years to come.

I imagined a stamp sized pix but was knocked over by the size my 1940's house pix.

Eric,:welcome: to BP.There are a few folks here from S CA and a couple that I noticed were from the same city as you.Do you belong to a local REIA in the SD area?

Theres an article in the left column of this forum regarding Section 8:http://www.biggerpockets.com/section-8-hud.htmlI currently own 3 Section 8 properties.Generally speaking, Section 8 just makes sure the home is suitable for human life, and provides the money, all or in part, so that person(s) can live there.

And if you did, someone earned part of the rate that you paid.Condo hotels evolved an alternative to time-shares during the 1990’s and there are now 100’s of properties located throughout North America under brands including Hilton, Four Seasons, Clarion, and Ritz-Carlton.

Steve the updates was with server´s time issue in June 2010, all posts before was updated :).

:welcome: to BP.Where in S OR are you based?

However, our AGI is above $150,000 a year, and neither one of us is a real estate professional.Because of that, it looks like I would not be able to deduct any rental property loss against our regular income if I owned a rental property in the "normal way" (schedule E).My question is whether or not it is possible to get around this by forming either an LLC or an S-Corp.

I'm looking for people who do hard money lending (preferably no doc) I have a credit score in the mid 7's and steady income and am looking to do my first rehab in a few mths.