In all cases what I've done first is send them a letter stating what I will do and that while I may not get any money as a result of reporting the forgiven debt as income, I'll have the satisfaction of knowing that they'll now owe a % of that money to an agency of the government that:Never forgets,Never forgives,Is relentless in collecting,and that the debt to the IRS is NOT forgiveable in bankruptcy.I've got a very high collection rate on those letters.

Like Dell in that Zaio collects revenue before selling the appraisals.What are your views?

When it came time to collect our excess proceeds the holder of the first balked, then when pushed, returned us a smaller amount, claiming that further accounting showed more costs then they revealed to us before the auction.

They are fee based services, commonly owned or affiliated with title companies who collect the raw data.

Beside the "practicing real estate with out a license" you can be charged with bank fraud.

If you are talking about $50K properties where you have close to zero equity the LLC costs would be too high.More practical is to define a level and then create a new entity when you get to that level.

This is, by far, the least expensive form of advertising and you should take advantage of it.Cold calling Rules:1.Never Stop before you're done2.Practice your scripts3.Let the phone ring three times4.Track your numbers5.Stand up6.No means you're closer to the yes[b]Business cards[/b]Business cards are yet another secret weapon in obtaining ample customers and beating out the competition that’s so prevalent in this industry.

Here's an absolute newbie reply.More for practice for me than anything else.Will an expert double check what I'm thinking here?

Having central heating installed is pretty expensive and I don't think you would collect more rent if you had it.

I'm not sure if this is appropriate for this forum or not, but does anyone have this course on their shelf collecting dust that they would like to sell?