With the subprime fiasco; a pending flood of foreclosures; the political change with more taxes on the way; the tightening of lending standards; etc, we're in for a long ride.

OPM (other people's money), was and is a great financial tool.

Just as an add-on to a previous post, if you go to "FLIPTHEBOOK" dot com, and go to the downloads link on left side of the page, you'll find some cool tools to use for rehabbing, and a quickbooks file.

Are the foreclosure sites scatered about the web an efective tool for an investor looking into that market?

People are realizing that brochureware sites are not effective marketing tools, and the ROI is so low no matter how many millions of hits such a site has.

I think that it would be a pretty good marketing tool for all FSBO listers.Any input?

When i possible can i help other investors out with information and access to tools that they wouldn't have access through their normal channels.

I found a apt complex which I ran through the property analysis tool but I want check with the experts here before I decide to pass since the numbers don't seem to work.

We've found a couple of properties to our liking so far, and using the analysis tool provided by BP, they both seem to be good deals. 2 in particular stand out, both 6 units, one we can easily afford with the 20 % down payment, and the other one, which we can do the 20%...not so easily.

Tenants are polite, call when they say they will, show up for appointments when they say they will, paid application fee with no hesitation - while I realize this isn't really a screening method - judging from how many no shows, rude people and people who balked at application fees, it is a pleasant surprise to deal with someone well, pleasant.