I also didn't give presents to the checkout lady at the grocery, the mailman or the guy who throws my paper on my driveway.Now, my customers always got a nice HOMEMADE reminder from me.Frank

Appraisals aren't worth the cost of the paper written on imo, unmarketable, and this in the worst economy in 30 years!

I am not an attorney or CPA but I did stay at a Holiday Inn Express last night so…RE is a relatively simple business (I did not say easy necessarily) that many complicate and take themselves out of the game before they even get started.

Hi everyone,I realize this has been discussed before about which one is better and I think the general concensus is both.I am writing an economic paper on this topic where I plan to compare the two, so what I am looking for is a list of all the pluses and minuses of both.

On a side note - it's my experience that the moment the foreclosure papers are sent to the rental property (as required by law), the tenant becomes opportunistic and stops paying rent (assuming he was paying rent to begin with).

I know you think this is a simple matter but it probably isn't.

For some reason 20% down and buying at least 10% below market is the only way I could make it work on paper.

After 3 weeks I still don’t have complete financial paper work etc.)

Handshakes and verbal agreements are worth the paper they're written on.

Seems like a simple business decision to me.