If diamonds have just been discovered laying on top of the ground in Roscoe, ILL and Roscoe will have a huge influx of people who are willing to pay any price to rent or buy a property, this might be a good deal.

Several years later, I discovered how little real estate brokers knew about investing.

For example, I've written a lot against the ridiculous claims by people here that he's trying to take away private health care options; I wrote against the claims by people here that he's trying to institute "death panels"; I wrote against the claims by people here that he hasn't proven himself an American citizen.

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Poor suburban contractor living paycheck to paycheck struggling to pay those oppressive bills for the private school his children attend and now burdened with his high honor role daughters private university tuition, finally stumbled upon the secret, no one has ever discovered technique to real estate millions.

Many investors have either tried to obtain funding using mortgage brokers or by approaching large institutions like BofA or Wells.

So many low income tenants are afraid they'll get charged, or that the LL will require discover something they did do, that they don't report problems and additional damage results.

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Most of the A grade stuff goes into institutional guys and really is not much of an upside as they drive the price up.