See the illustration below.In a declining market, the current rent reflects property prices from 2 to 10 years ago and they are likely to be relatively high compared to areas with appreciation.

This is a great illustration of the power of private equity partners. 

In one of the best-known studies illustrating this particular human vanity, in 1981 161 driving students in Sweden and the USA were asked about their safe-driving skills, 93% of the American students considered themselves above-average, while only 69% of the Swedes did likewise.

Buyer perception illustrated with prices paid.

Repairs are needed and the seller will most likely want some cash back initially.For the purposes of illustration, let’s say the following:Fair Market Value300KSales Price210KRepairs100KCash to Owner100KWhat no money down techniques are suggested to meet the needs of both parties?

@Amy Johnson I love his story line, and the way he illustrate it in real life events.

It is so nice to read a story that illustrates the power of sticking to your dream and working toward it in the face of disappointment.

I illustrate my intention(by the way,i am getting all these information from my courses so i have no pretention to reinvent the wheel.

I'm working on an article for the BiggerPockets blog and am looking for some responses that I can use to illustrate some points.Marketing Campaign seems to be one of those terms that is loosely defined and I think that such an important term deserves some clarity so when we use the term we'll all be that much closer to being on the same page.

@Lalainya RawlingsPerfect illustration of why you should get tax advice from accountants like @Nicholas Aiola and not from realtors.