Fair market rent is probably 1200 monthly.Is there anyway this could work without doing a Short Sale.

Solicit the advice from five more senior members of BP to determine "if" you should do it.I am quite certain that you will get a fairly consistent response.

My first rental purchase was listed at $92,000 and is currently valued at $135,000, down from $165,000 in the fairly tale market of 2006.We rent it for $800 a month and it cash-flows nicely.

Combine that with a smart pay per click campaign with well-researched and highly targeted keywords and maintain top quality on your site and it could pay huge dividends.There's a lot to learn, but web 2.0 is here.

My example letter below may not be perfect (and I'm certainly open to other suggestions), but it has been fairly effective for me in my area.

In a chapter 7 bankruptcy can you elect to maintain individual properties as long as they do not contain equity if you believe they may be viable in the future?

Maybe I am young (25) and naive but this seems like drastic overeaction.I seriously doubt with every bone in my body we need to be stocking up on guns, ammo, food, safes...etc.It's almost laughable.I think we are heading into tough times with a depression looming but come on....Maybe I am just to sheltered in the nice rural town I am living in right now.All you guys are fairly logical and to my understanding aren't total wack jobs.

He isn’t on the deed now, but easily could be addedYou are looking at a fairly small profit dollar wise, a 1031 exchange probably does not make sense in this case.

Our phones have simply stopped ringing (luckily we are booked out fairly well through the end of the year, but what happens in January?).

I am fairly new to RE business.