I am 100% in agreement with the previous poster.

- Invest where the kids learn---college town investments may not be recession proof, but an ongoing and perpetual demand smooths out any rough edges.- Follow the Boomers---By and large, the over 60 crowd is the most affluent generation this country has every seen...The boomers need or will eventually come to need retirement communities, assisted living facilities, affordable housing and businesses to service their wealth

I didn't mention it in a previous reply but outsourcing your design of your site is a great option.

John explained a little about how it works in his previous post.

My wife has previously been married in another state.

It is a foreclosure duplex 2600 sq ft assessed for 94kAsking 35k I will offer 25k plus 10k to fix upBefore the bank took it the property was renting 650 per unit with tenant paying for everythingThe agent told me that the previous rent was a little lower than market for a 3br apt.IncomeAnnual rent (based on 600 per unit) 14400ExpensesTaxes-3900Insurance-980Property management-1440Vacancy(5%)-720Maintenance- 1440Total-8480Net Profit- 5920 Loan at 8% with 3500 down= 231/per month, annual- 27725920-2772= Cash flow- 3148The agent said That after fixed I could get easily mid 60's and that is even 30% below assessed value so should I cash flow this or just flip or neither and wait for a better deal?

If you sell a home on a land contract and the buyer pays you a mortgage payment and you pay the previous mortgage yourself, what happens in the event of buyer default?

This was previously my primary residence and has been rented for 1 year.

Louisiana Representative Jim McCrery said the provision could hurt housing markets in coastal communities.Tightens QualificationThe realtors association told lawmakers in a letter last week that the vacation-home provision ``does not eliminate any tax benefit but rather tightens the requirement'' for qualifying for the exclusion from capital-gains taxation on the sale of a home.U.S. law generally allows married homeowners to exclude as much as $500,000 in profit on the sale of a second home, provided the owners have lived in it for at least two out of the previous five years.

Historically, after you reach the bottom of a housing bust, prices don't reach their previous inflation adjusted highs for 8-10 years.