I can jump on a plane tomorrow and go for a month long holiday because I have set myself up for that, as an X generation member (I think that's we are referred to), that's what I consider retirement.

DON'T GET CONFUSED WITH REAL ESTATE LOSSES GENERATED BY NON-CASH DEPRECIATION EXPENSE AND SEC. 183 HOBBY LOSS RULES.

It generates a good response.

And every day you delay the initial warnings/notices is another day IF you end up having to evict, that you lose rent income.

People are re-learning the art of growing efficiently on smaller parcels with nature, not against it.I believe these are the types of farms that generate the most interest for "agri-tourism".

My initial investments when i was 16 were sold off when i was 20, this is of course short term/risky investment strategy, but those profits helped me get by when I first bought my house. we rented it out within 3 months of buying. money was tight at first.... until that rental income started flowing... so the sell of those stocks helped cusion the blow a little, and then helped upgrade a lot of the house after renter moved out (and we moved back in).basicaly traded a $1500 investment when i was 16 for about $40-50k in equity now at 22.

Actually they are taking the "title" back from the owner.The term "pre" foreclosure (depending on the state) is the time period a lender must go through where the foreclosure process is actually a public record, up to the date the lender legally obtains title to the property.So the correct terms would be:Pre-foreclosure - Public notice has been filed where the lender initiates reoposession of TITLE from the current homeowner.Foreclosure - After a lender has completed the legal process and they now hold the title and are the legal owners.

In addition, I'm a third generation member of a real estate family that now owns upwards of 15 multifamily and commercial properties.

These eventually work their way down to a generation skipping trust that is an IRREVOcable trust for asset protection set up for grand kids and future generations.

If the investor has good credit, MBNA and some simular banks will give unsecured lines of credit up to 50 or 80 thousand.The trick is to find homes with enough equity to not only get your initial investment back, but to make 5 to 10 grand extra on each deal, and working with a mortgage person that specializes in investment property financing.AJ [email protected]