I am trying to buy as many properties as possible in this bad real estate marketing.. i want to get as many properties as i can..

While you have a bidding war to lose, you also could potentially lose a good bit of upside if the market drops between now and Spring.If gambling and trying to time the market is something you want to try, I recommend you hold off until next winter after the election, hope that there is a major change in which parties are elected, and then take advantage of the influx of new politicians and their staffs to DC (who will be looking for places to live).Of course, I believe that's a bad decision as well.

However, there is no one right way of owning the properties because one way of owning the property may keep the property from being subject to US estate tax, but is bad for tax purposes, and vice versa.The owner of this website won't let me suggest that you read a book that has been written on the subject, so I won't do that.

She had just found the box of drywall screws that I couldn't find which made it double bad for me.

After getting that bad gut feeling on a few lenders and never proceeding with them, I ended up with what I thought was a legitimate lender....boy was I wrong!

Thanks for looking, like I said This is not my nitch and I don't want to give bad advise to a friend. love to find her a Lo but maybe a 2 yr rent is not a bad idea either, with that fairly fresh BK she needs time to cook anyway???

@Arthur- You nailed it.I wrote a BP Blog post Monday about Sam Zell.He thinks that 2012 will be tuff on investors trying to refinance in a falling market.Mark, we are in for a bad year.In the mid '70's-80's, I owned rentals.

It was a bunch of ancient crap and how it's everybody has it bad for those hardwood floors.

$1,200 isn't too bad for $326k though.

Namely, look for any leaks (we once found a bad water heater that was peeing all over the garage floor) and any electrical problems that may shock you (pun intended).