Who's do you think they are going to pay more attention to?

What is the most lucrative Real Estate Investing Techniques we can utilize in our market? Should I concentrate on Wholesale, Default Mortgages, REO’s, Preforeclosers, Short Sales, Foreclosures, etc….. I am open to...

The only compelling reason to keep it is to preserve your credit, but the practical reality is your FICO score will be compromised (not destroyed) for at least two years.Face the music on the tax due for phantom income via 1099, square your shoulders and keep investing--this time with more insight gained from this experience.

I don't pay much attention when people on Wall Street start screaming the sky is falling, but Buffett is of a different sort and I believe him when he says this would effect everyone significantly.

Thankfully , real estate is my job, I'm just using this to gain passive income and use my abilities to do so.I've already applied for business credit, I'm really going to try and make sure that I will have credit that isn't personally gauranteed.

If your gain is small enough, and your tax burden correspondingly small it may not be worth the hassle and expense.

Also I am sure you will gain not only a powerful network, but also amazing information here.I look forward to hearing about some of your new rentals you will be acquiring soon!

Last year we put an offer on a floreclosed property that has been in the market for 1 week. we knew it got a lot of attention so we offered pretty close to asking, several days went by and no response from the Bank, we were told the person making the decition had a personal issue....well....

If you've owned them over a year, long term cap gains is only 15%.Bottom line is that its difficult and expensive to extract this tiny bit of equity.

To gain some reo listings at this point is going to be tough, agents have been building relationships with these asset managers for the last couple years and there are lines out the door.