It was the RTC's "accumulation" tool put in place in the 1990-1992 timeframe - take the good stuff to the market (only friends need apply), leave the bad stuff for the taxpayer to "maintain", then sell hard assets left (only friends need apply) for running cash over the forthcoming years.It's a good way to take down a bad bank, but you just know they found the worst way (for the taxpayers) to do it in the '87-92 crash/recovery, so we hit about even beginning in about 1995.

I am currently considering foreclosure due to the fact that I can no longer maintain these properties.

Every month I build and maintain a list of props going to auction.

Every deadbeat tenant I've ever dealt with claimed that the property was in terrible condition; that the landlord didn't maintain the property; that the landlord did this or that; etc.

This can be done from your home, but I do need someone who can take calls on the “fly†- and maintain a professional sound to the caller (no TV, dogs, or other noises in the background).

they get the point you buy houses, space out the mailings as far between as you can and still maintain effectiveness.had you cut the follow up to four months in between you can have been pounding other demographics.

If you maintain those properties well, and you buy 10-15 of them, after 3-5 years you can have a nice chunk of money every month.

In my mind, most higher income folks who can afford a big rent payment may have owned property before, or are at least familiar with the notion of maintaining an asset.

I first stumbled across your site in 06, and recently became more active.I just wanted to say thanks, as an owner of 5 sites myself, I know how much of a pain it can be to maintain a site, much less moderate the content.

You retain some portion of that to maintain your working capital, and distribute the rest to your investor.You will certainly give up a big chunk of the potential profits to your investors.