![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/22696/small_1621361977-avatar-ra24.jpg?twic=v1/output=image&v=2)
19 January 2009 | 2 replies
I would appreciate confirmations that this is how it should go for 2008 tax purposes.If I have no luck finding tenants in late 2009 (hope that isn't the case), I wonder if I could rent the home to relatives at a fair market rent (same as I would charge any tenants) and still do my taxes as I would with any tenants?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/9/small_1621345214-avatar-biggerpo.jpg?twic=v1/output=image&v=2)
18 September 2009 | 51 replies
Nc Mark,I have a friend that does data analysis for the prison system here in California.Recidivism rate is 80-90 % depending on who you ask.70k per inmate PLUS medical costs, (this information is a few years old) in a system where hepatitis.AIDS and TB are rampant.90 some percent of people in prison in California at least, are there for drug related crimes with the attendant drain on court systems, social services etc. tTe cost is staggering and has absolutely no effect on the use of drugs.The largest cash crop in California is green and smells like skunks but it is completely untaxed.
1 April 2009 | 4 replies
[REMOVED] is a website which provides information relating to credit and credit repair.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/26943/small_1621363826-avatar-astrickland.jpg?twic=v1/output=image&v=2)
17 February 2009 | 11 replies
Then a wholesaler will resell the property to an investor for a profit (generally the profit is relatively small).
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/26755/small_1621363755-avatar-joshgesler.jpg?twic=v1/output=image&v=2)
21 January 2009 | 6 replies
I guess I'm writing this because I can definitely relate to J and sometimes it helps to know others are out there experiencing the same thing.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/26886/small_1621363805-avatar-adamblack.jpg?twic=v1/output=image&v=2)
26 January 2009 | 5 replies
Of course, if they can get them cheaper, I'm happy to let them, but this isn't generally the case.For the labor bid, I create a Statement of Work (SOW) that details exactly what I want done, broken down into categories that relate to specific skilled trades (GC, Plumber, Electrician, Painter, Roofer, Carpenter, Flooring, Foundation, etc).
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/21834/small_1621361571-avatar-blackhawk99.jpg?twic=v1/output=image&v=2)
24 September 2009 | 8 replies
A BP member and I are considering a relatively small apartment complex in the southeast Michigan area.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/27431/small_1621364027-avatar-motiv8td.jpg?twic=v1/output=image&v=2)
19 March 2009 | 5 replies
I am also interested in a Short Sale strategy of REI and would love to pick your brain as I am relatively new to the game.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/24916/small_1621363045-avatar-hcranmer80.jpg?twic=v1/output=image&v=2)
18 February 2009 | 10 replies
RealtyTrac tracked foreclosure-related filings on 2.3 million U.S. properties in 2008, an 87 percent jump from the year before, with 861,664 homes making it through the entire process to become REOs.The Mortgage Bankers Association's surveys of members suggest one out of 10 mortgages was either delinquent or in the foreclosure process at the end of September, and Moody's Economy.com estimates 12 million homeowners are "upside down" -- they owe more on their homes than their properties would fetch in today's market.RealtyTrac senior vice president Rick Sharga told attendees at the Inman News Real Estate Connect conference in New York City this month that an analysis of 500,000 distressed properties in four states in the company's database found only about one in four were listed for sale in a multiple listing service, or MLS.That suggests that as many as 75 percent of distressed properties have yet to hit the market, Sharga said, and that many of those homes will soon be putting pressure on inventory and prices as banks repossess them and put them up for sale. . . .