Whew! Almost a year since my last blog post. I read what I wrote then and WOW! How right I was. And whats really bad is I think the worst is still yet too come.

With that said, if anyone has an interest in investing-any type of investing whether it is stock, bonds, gold or real estate, now is the time to start if you have a strong stomach. In all of the chaos present in many different types of markets right now there are plentiful opportunities! Since real estate is my baliwick, I naturally think it is a great one. Here in metro Atlanta the available inventory of bank owned REO property is astounding. And the prices available on some of these homes is simply amazing! I am finding 3 bedroom 2 bath houses in decent condition that can be purchased, cleaned up and made rent ready for less than $50,000! And the rents so far are holding up. I do expect that they will come down in the future as more rentals are available but unless we have a complete and total meltdown, buyers right now should be able to have cash flowing properties throughout this downturn/recession/depression!