I find people appreciate honesty, and it builds credibility.

This is fresh off the presses:Goldman, Morgan to Become Full-Fledged BanksHere's a bit from the article:Goldman Sachs and Morgan Stanley, the last two independent investment banks, will become bank holding companies, the Federal Reserve said Sunday night, a move that will fundamentally alter the landscape of Wall Street.The move alters one of the models of modern Wall Street, the independent investment bank, soon after the federal government unveiled the biggest market intervention since the New Deal.

We are going to have all expense run through my account and for tax reasons we are not paying Young Construction cause that means he would have to pay in to the government for his employees, etc...We will put $13k (if we had to pay contractors, etc. to do the work it would be about $25k in work) into the house and list it for $42,500 - our Real Estate Agent said it will sell easily for $39k or $40k.

A HUGE percentage of home loans are backed by the government and the government is BEYOND BROKE!

A couple of thoughts:It's the Federal government.

They must be in tight with the government because deny and lie was their motto until someone can prove they did anything wrong.

Conspiracy theory - folks that buy it for insurance want to take possession of it for the same reason that they don't want to invest in stocks - they want to be in control of something real and that can be traded privately and quickly if needed away from the prying eyes of government.

That $500,000 rental in California also has a MUCH higher eviction expense; higher property taxes; all kinds of socialist government registration fees and costs that the Ohio rental doesn't have, etc, etc, etc.

hey there jerome..welcome to BP...to me, your definition of what you do sounds like some guru pitch out of a book you just read...not sayin that's the case at all, but if that was the recited speech i was told on the phone, it would not lend much credibility in my mind...for what it's worth..

It's another prime example of the government trying to run things, but ends up ruining it for the average person.