· Auto expenses to check out distressed properties, visit pre-foreclosure homeowners and banks

· Ads in newspapers and other publications – “I buy houses” ads

· Ads in newspapers and other publications to sell your foreclosure properties

· Appraisal fees – foreclosures and other properties

· Assumption fees for taking over mortgages of pre-foreclosures and other properties

· Attaché case for foreclosure forms and other real state forms

· Accountant’s fees pertaining to foreclosures and other accounting matters in your business

· Attorney’s fees pertaining to foreclosures and other legal matters in your business

· Batteries for flashlights, cameras, and other business paraphernalia

· Books, tapes, publications, software on foreclosures

· Books, tapes, publications, software on related real estate topics

· Brochures about our real estate investment company, specializing in foreclosures

· Business cards and other stationery that you use as a foreclosure investor – “I buy houses”

· Business plan for your foreclosure business (books, tapes, software, etc.)

· Calculators (financial) to do the foreclosure math and other real estate computations

· Camera (digital) for taking pictures of distressed houses (and sending to the lender)

· Cleaning supplies to clean out trashed foreclosed and distressed properties

· Computer for your foreclosure business

· Computer supplies and accessories for your foreclosure business

· Credit cards – dues and interest if credit card used solely for your foreclosure and real estate business

· Database software for buyers, sellers, banks, attorneys, investors, and so on

· Dictionary of banking terms (Barron’s business guides) so you can speak bankers’ language

· Directories, including crisscross or phone directories (that you pay for) to locate distressed sellers

· Directories of attorneys, especially foreclosure and real estate attorneys

· Directories of accountants, especially foreclosure and real estate accountants

· Entertainment (lunch, dinner, etc.) for leads on bargain foreclosure buys

· Eviction costs and other fees related to removing former home owner of foreclosed property

· Exhibit equipment and supplies to display your business at seminars and conventions

· Fees to title companies or courthouse employees for searches on foreclosure properties

· Fees to bird dogs for finding information on bargain properties

· Other fees related to your foreclosure and real estate business

· Flowers to homeowners and to those who find information on bargain properties

· “I Buy houses” flyers to distribute all over the place

· Flyers to sell your foreclosure properties

· Gifts (limited to $25) to finders of information on bargain properties

· Greeting cards (with your company name) to homeowners and finders of information

· Hardware and supplies for quick repairs to your foreclosed properties

· Internet expenses and advertising for your foreclosure business

· Laptop (notebook) computer to take with you for negotiations with homeowner or on travel

· Dictionary of legal terms, including foreclosure terminology

· Legal forms (agreements, contracts, leases, etc.)

· Locks, keys and quicksets to change locks on your foreclosed properties

· Lockbox for easy showing of your foreclosure properties for sale

· Mailing costs to homeowners in pre-foreclosure – postage, stationery, handling

· Mailing costs to banks for REOs and short sales – postage, stationery, handling

· Mailing costs to attract cash investors to help finance foreclosure buys

· Mailing lists of homeowners in foreclosures and distressed sellers

· Mailing lists of investors as a source of cash for your bargain buys

· Maps and atlases to locate distressed properties

· Marketing costs to promote your foreclosure business

· Mortgage amortization – book, calculator, or software

· Multiple listing services (MLS) fees to find distressed properties and motivated sellers

· Measuring tools and devices to check out distressed properties

· Newspapers, legal, foreclosure listings (purchase or subscription)

· Newspapers, other, listing properties for sale and legal notices (purchase or subscription)

· Notary fees for legal documents

· Notary licenses, bonding and renewals (for legal documents)

· Odor-Xit to kill the foulest of odors in distressed properties (1 – 877 – ODORXIT, Dept. 101)

· Phone and/or cell phone for your foreclosure business

· Photographs of distressed houses (and sending to the lender)

· Photo supplies and accessories

· Pre-Paid Legal Services pertaining to foreclosures and other legal matters in your business

· Prepayment penalty for early payoff of a mortgage

· Publications on foreclosure lists and courthouse information

· Real estate data, such as REDI (cost or subscription)

· Record-keeping software such as Quicken or Quick Books for your foreclosure business

· Recording (and other) fees for legal documents

· Seminars (cost of ) on foreclosures to attract distressed sellers, motivated buyers, and investors

· Shirts, jackets, or other apparel with “I buy houses” information

· Signs on your lawn or some prominent location (“I buy houses”)

· Signs on your car (“I buy houses”)

· Signs (sales) to sell your foreclosure properties

· Tape recorder (to record courthouse records and other business matters)

· Tools for repairs to foreclosure properties

· Toys or games (safe ones) for homeowner’s children to play with during foreclosure negotiations

· Thank you cards to referral sources of foreclosures

· Out-of-town travel expense to check out properties and to visit pre-foreclosure homeowners and banks

· TV used solely for business-related video and Internet

· Video equipment and VCRs to view foreclosures and other distressed properties