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Desperate times desperate measures. Not quite having to trade just yet but will have my finger on the sell trigger if things go pear shape with this credit market. Don't need to end up in the headlines with guys like Craig McDermott though I wouldn't suggest what I'm doing is property...

I hear you Y man. Too many IPs, too many headaches. Sell all IPs, buy a distressed sale around $2M, spend $500k wait 5 years and sell for $5M. Too easy. Not all IPs will double in 7-10 years where things are at the moment, the ones that have a remote chance of doubling will only give you sub 5%...