The Homeowner Bill of Rights, which took effect on january 1, may be partially responsible.

Those you feel on the same wavelength with, you could shoot a "colleage request", and use the message feature to begin developing a relationship.

I am too far away to effectively handle the rehab and a good contractor with knowledge of how to handle this kind of loss could make a profit on the situation whereas I will be lucky to break even.

Geoffrey,Basically, the broker is the one who has a relationship with the client (the buyer or seller).

Between that and my conversation with an attorney and CPA yesterday, it seems like the regular 501(C)3, with a traditional fundraising model, would be more effective initially.

This will allow you to side-step your competition and be much more effective at finding some high equity deals.Depending on what kind of budget and time you have available to work with, direct mail, advertising and networking can all be huge avenues that will bring you some profitable deals pretty quickly.

And consider the idea that "what goes around comes around, and nit just how that may effect MY life, but do I ensure that what good does come my way continues thru my actions to reward others for the good they are doing.

Learning to operate under significant pressure, crunching numbers, how to effectively manage time and dealing with very angry people.

But I'm curious, and the tax guys can probably give examples, if you are at 155,000 and you have hit a phase out/rule that says you cannot deduct 25,000 in depreciation, isn't your effective tax rate on that last 5,000 over 100%?

Is driving for dollars really effective or is there a better way to find motivated sellers in select areas?