We have copied her model of being guru free here in Las Vegas with pretty good success.

That's just not my kind of role model...But I'm glad you like him...

This "betting on appreciation" is often scoffed at on BP, but it is a valid business model for many well-capitalized investors bidding on stabilized product.

Last month, same budget, 68 calls, 14 qualified leads, 4.5 deals, 4 others passed to areas outside our business model (the net from those referals more than made up marketing costs.)

One of the beautiful things about the majority of investment decisions that are well-defined is that it is easy to set up a simple model to analyze them.

Doing so gives the borrower legal standing to force the sale of the note as a means to pay the debt, sometimes a discount is accepted, if not, it may require the par value be paid, but really, a discount is better than foreclosure, sale, holding the property, listing it for sale and on and on....Foreclosures have been streamlined like a Model T assembly line now with all of the activity, many in the process are nothing more than clerks with limited banking experience, so what they know is what they have been told to do.

Property and Casualty insurance companies set up their business with a model geared towards lasting centuries so a lot of what they do is based on maintaining a market long after the grand kids of the grand kids of anyone here have passed on.

So you might see some back-up heating system even with geothermal, if my hunch is on target.I vaguely recall something about thermostats being a bit different when they are operating with some of these alternative heat sources; you might check the model number of the thermostat and see what it leads to.Lastly, in my area the source of heat is part of the tax assessor records, so that you could look it up in the event of concerns about heating fuel source.

Joe in Ohio,I am familiar with Investor Nation and familiar with their business model.

The problem with this business model for a lot of folks is that they do not have the time to find properties, fix them and then sell them.