I'm just now starting to see increasing numbers of stories about how (formerly) middle class people are having to sell important possessions on ebay and craigslist.

Other items increase or reduce your basis, too, so it could be all over the place.

Well I'm "That Guy"..Talking to owners in distress has really become my thing because I follow a system that none of my competition has been able to recognize.It's quite simple actually, and I want to show you a few of my tactics so you too can be the one in town that grabs deals that all of the local investors are grabbing for.Allow me to set the stage for you.

And hey, if you'd like to bring up some legal issues that would be great, too, because hey - LLs are increasingly becoming 'targets' (ha ha) in more ways than one.

With many lenders tightening up and me being on title for less than a year I just want to be able to justify the increase in price from what I paid for it.I don't want some hard-*** inspector who pretends to be a code inspector pointing things out that might not meet code but are still safe and scaring a potential buyer.

But just selling it immediately and for a 22% increase in price will raise red flags.

from what I have been taught, it is always good to make sure that you have rent comoing in that is 1% of the purchase price, and this obviosly depends on the area to but sounds like good advice for meThat's a popular myth that is absolutely incorrect.

So not only is their equity shrinking from the declining market but their loan balance is increasing due to negative amort.

I hope that they take any wealth I leave to them (not likely to be a big pile of cash, by the way, more likely to be business and investment assets) and increase it geometrically.

An allowable 5% increase in rents is allowed per year.