Massive layoffs in the last few weeks.

Recently we were shocked to find insurance on one house we were considering was going to be 3x another house a block away and roughly the same size- all because of the block wall construction and massive porches- replacement cost was much higher than normal.Kelly

I'm so glad I clicked on this link from the daily update emails.Two things I take away from this great story.One is that @Brie Schmidt took massive action and got massive results, with a lot of hard work and great networking mixed in there.

The shadow inventory numbers recently released reveal that the GSE's still have a LONG way to go to clear out the massive amount of non-performing loans on their books.

Jason WeissCertified Public AccountantWeiss Accountancy CorporationOffice - 818-997-7712These guys focus on working with large and small real estate owners (some with massive holdings) and business owners, working with some pretty complex taxes.

But if you are looking to advance in RE investment theory, you need to know what kind of investment you want to do... couple of books I have are - 'How to make big money investing without cash or credit' by David Finkel (if I remember right) and 'A Rehabber's Tale' by one of our BP members - Richard J Warren.If you are talking Stocks/Bonds - best book EVER (in my opinion) is - 'The Intelligent Investor' by Sir Ben Graham (Warren Buffet's Guru in Stocks/Bonds).Hope that helps.CheersRam

I forgot about the massive distribution centers at the Grapevine.

Hello All, I am 30 year old male, trying to eventually buy in the CA Bay Area in about 4 years but will need a massive down payment (looking at roughly 160k)).

The reasoning is you cannot use "business funds," with out massive scrutiny so if you value your sanity you would make the business to personal checking transfer 75-90 days out so that the 2 most recent bank statements will show the funds situated in your "personal," account and therefore count as personal assets.

Kind of like speeding or jay-walking.However, the issue that comes up is that when you are eventually caught, it's not a speeding ticket or some trivial hand-slap, the consequences are typically rather massive.