Welcome to the April 2, 2007 edition of carnival of real estate investing! Thanks to everyone who participated this week.In keeping with the theme of our carnival, investing, I had to eliminate several posts from the running. I chose several that I thought would benefit our investor audience.My top pick this week is from Josh Dorkin. I am still laughing about it, partly because there is a lot of truth in what he says, but also because I’m a pet owner and I completely identify with his pet-isms!!!

Joshua Dorkin presents Why Pets Are Better Tenants than Children posted at Real Estate Investing For Real, saying, “Some humor for the carnival this week.” Josh, you rock! I’m still laughing at how correct you are!

And the runners up are…

Michael K. Dawson presents We Are Not a Subprime Lender! posted at The Time and Money Group. I’m citing this post because so many investors have used stated income loans for their single family home purchases, and if not, IndyMac has purchased many of their loans.

Allen Young presents Real Estate Investing Out of State posted at Living the Dream. This is a GREAT post with some very timely information! We need to remember to remain open to possibilities that we may have previously considered out of the question.

James Klobasa presents It?s Flipping Payday?.How A $63,000K Studio turns into a $114,500K chq? posted at Real Real Estate Investing Blog. James reminds us that sometimes it’s not all about the money!

John presents Real Estate Value - Market Data vs. Income posted at OhCash.com. Ever wonder how appraisales are done? John explains!

Jeff Brown presents Sez Me — Random Sunday Thoughts — The Duh Factor posted at BloodhoundBlog. Jeff is not only hilarious, but brings us several nuggets from Captain Obvious that smack us across the face.

Victor Emeli presents Strategy for High Equity Rental Properties posted at Financial Freedom Through Real Estate. Victor reminds us that the famous “2 out of the last 5″ tax exclusion potentially applies to rental properties too!

THANK YOU to everyone who submitted this week. Keep ‘em comin’!!! We’re having a bye next week for Easter, but the following week… game on boys and girls!

That concludes this edition. Submit your blog article to the next edition of carnival of real estate investing using our carnival submission form. Past posts and future hosts can be found on our blog carnival index page. If you have a blog, please consider hosting for us. We’d love to highlight your blog!