If he was CEO during this period, I think he should be forced to resign in disgrace and pay back whatever salary he received, along with all the politicians in Washington who had a hand in this mess.

According to Reuters:Washington Mutual, the largest U.S. savings and loan, was closed by the federal Office of Thrift Supervision, and the Federal Deposit Insurance Corp was named receiver.

You don't own the property but lease it out to a 3rd party...the money you receive from the 3rd party (your tenant) has no relation to the mortgage payment.

I just received an accepted offer on a condo in the best zip code in St.

"No" means one of two things: "No for now" or "I'm not allowed to say yes but my boss might be".Countrywide will easily allow the second to receive $3,000. $3,000 is their reflexive answer when asked how much they will let the second have.

If the landlord knows anything about bankruptcy & what will happen to the rent amount owed to him if a tenant files bankruptcy while in his rental-- he will settle for a monetary amount instead of just being another creditor who will receive very little in a bankruptcy action.Some money is better than no money--I would appreciate a tenant offering something rather than making me another creditor -as a LL I would take the money & get them out of the rental asap..Joann

I am curious to know everyone's ideas on what they find to be most effective in the text of their mailings.What do you actually write on your letter/postcard that you think motivates the seller to call you.

Because I am a long term buy and hold investor and that means the appreciation I receive will be near the inflation level over time.

Here in CA, where we had the largest rapid level of appreciation in RE, the state received huge amounts of unexpected revenue from prop taxes, and today, are screaming that they are out of money.

I told him that I didn't receive any notice (email, calls, or mail) from them and was getting upset because in the past year only 2 small incidents occurred at the property (grass/leaks) which Property Management called my cell and emailed me the issues, however now since the tenants were moving out they failed to contact me about this very important situation.