According to the indictment and evidence introduced at trial, starting in 1997 and continuing through 2004, Fard and her co-conspirators purchased valuable residential real estate properties, including numerous beachfront properties in Newport Beach, Calif.

Numerous studies and research in 2013 have indicated most people are making less money and have far less buying power than they did even in 2010.

This should really be a discussion of ACV vs RCV, which has already been done numerous times at BP:http://www.google.com/webhp?

A commercial property “owner” who needs cash at a time when prices are down may lose the equity when the property is sold, yet the bank loan may be paid in full.Using other people’s money is still touted by some as wise and the way to true wealth, but it is really just gambling.

Has anyone here had experience with a deal like this.Home is owned free of debt.Owner of home is in their later 80's, has numerous medical issues and is admitted to nursing home.Son and Daughter with power of attorney wish to dispose of home on death of owner (their parent).All siblings are in agreement and wish to dispose of home upon parents death.Per Son, home is homestead and cannot be taken by state to pay for medical care (not sure if this is true, will have to check with an attorney).Per Son, all medical care for parent (property owner) will be paid by him as incurred.One parent has already passed, once this parent entered nursing home, home became vacant.Son states that they are allowed to lease home until parent passes but cannot profit from the lease.Home is being offered under a 'maintenance lease' - lease being for no more than cost of maintenance on home.Lease would stipulate that any maintenance costs incurred during the lease would be charged to tenant.Upon death of parent, lease holder would be given first right of refusal to buy property at price that had been agreed upon when lease was initiated.Now the questions.Has anyone ever heard of this (this is in TX).I can see several issues:What if siblings borrow on the property?

I have went through numerous property managers in Phoenix, I have a good one now, but she does it on the side for clients as a favor, but really is a sales broker.

I first saw it several years ago in apartments (numerous complexes) one of my company's clients owns.

Hi LlewI'm new to this and obviously will defer to your experience, but I have been running numbers up and down to practice evaluating properties, and the one thing I have seen is that even if the expenses decrease (because of a lack of mortgage), the numerator increases (i.e. the amount you have invested in the property) so the numbers don't vary hugely as you go from 50% to 100% with a 5% mortgage.For example a property that rents for $2,000 monthly with a purchase value of $200,000, using the 50% rule, will cash flow at just over 5.1% with 50% down and will cash flow at 5.9% with 100% down.

I lived in Clayton County (ClayCo is the nickname down here) 12 years before moved up to Downtown Atl.After the school system lost its accreditation forcing the residents fleeing to other counties, the housing crash finished with a KO on the real estate market.I took a gamble, cashed out my retirement acct, and paid cash for 5 doors down here.

Charleston is simply a winner.. but the great part of it is its not a BP area.reason prices are a little to high for all the buy and hold cash flow folks who think appreciation is gambling.. so you don't have the masses in there competing.. so that's the good news.. our cash flow since we got there has been 500 to 1 million a year LOL.. and not ONE rental..