Stop spending money on training if you haven't gotten your keister out there and done something!

While the cost of the existing bailouts is staggering, I suspect we will see more bailouts, more stimulus programs, more jobs programs, and generally more government spending to come.

Many homes I've been in have the filter clogged, a sure sign you're going to spend $ right off the bat.

The military spends money like there is no tomorrow on ridiculous stuff, and we really don't get much of a return from it.

I am a wholesaler and spend in excess of 40 hours per week viewing properties and tabulating the other necessary information involved in a wholesale transaction, which would be impossible for an investor with a fulltime job.

My first question is, is it worth it for us to spend a little more of our income on a home and still continue to save or to stay where we are for awhile and save more each month for our future real estate investments?

A decade ago, a good business plan, preferably technology based, would have gotten you more money than you could spend.

Borrowed money and cash all spend the same to them...based on m experiences.FHA on distressed RE is going to be tough, short sale or otherwise.

Example: If you can sell the property for 150K with costs to get it sold of 15K (commissions, closing fees), spend 100K buying and repairing and holding costs, this leaves a pre-tax net of around 35K (150 - 15 - 100 = 35).

Who only knows how much debt the administrations of their generations are going to incur...i dont see us getting out of this fiasco without some serious spending cut backs and sacrifice.