SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                                   FORM 10-KSB

                    Annual Report Under Section 13 or 15(d) of
                        The Securities Exchange Act of 1934

For the Fiscal Year Ended                                      Commission File
December 31, 2007                                               Number 0-16856

                         BIGGEST LITTLE INVESTMENTS L.P.
       -------------------------------------------------------------------
                  (Name of Small Business Issuer in Its Charter)

	           DELAWARE                                              13-3368726
---------------------------------                           -------------------
 (State or Other Jurisdiction of                               (IRS Employer
  Incorporation or Organization)                            Identification No.)


3650 S. VIRGINIA ST., UNIT K2, RENO, NEVADA                        89502
-------------------------------------------                   ----------------
 (Address of Principal Executive Offices)                         (Zip Code)

                                  775-825-3355
                                ----------------
                (Issuer's Telephone Number, Including Area Code)


          Securities registered under Section 12(b) of the Exchange Act:

                                       NONE

          Securities registered under Section 12(g) of the Exchange Act:

                       UNITS OF LIMITED PARTNERSHIP INTEREST

     Check whether the issuer: (1) has filed all reports required to be filed
by Section 13 or 15(d) of the Exchange Act during the past 12 months, and (2)
has been subject to such filing requirements for the past 90 days.

                    YES    X                     NO
                         -----                      -----

     Check if there is no disclosure of delinquent filers in response to Item
405 of Regulation S-B is not contained in this form, and no disclosure will be
contained, to the best of Partnership's knowledge, in definitive proxy or
information statements incorporated by reference in Part III of this Form 10-
KSB or any amendment to this Form 10-KSB [X].

     Indicate by check mark whether the small business issuer is a shell
company (as defined in Rule 12b-2 of the Exchange Act)  YES [ ]  NO [X]


     Issuer's revenues for its most recent fiscal year were $2,094,406.

     There is no public market for the Limited Partnership Units. Accordingly,
information with respect to the aggregate market value of Limited Partnership
Units held by non-affiliates of Partnership has not been supplied.



                    DOCUMENTS INCORPORATED BY REFERENCE
                    -----------------------------------
                                   None

  Transitional Small Business Disclosure Format:  Yes ____;  No    x  .




     Certain matters discussed herein are forward-looking statements. We have
based these forward-looking statements on our current expectations and
projections about future events. Certain, but not necessarily all, of such
forward-looking statements can be identified by the use of forward-looking
terminology, such as "believes," "expects," "may," "will," "should,"
"estimates," or "anticipates," or the negative thereof or other variations
thereof or comparable terminology. All forward-looking statements involve
known and unknown risks, uncertainties and other factors which may cause our
actual transactions, results, performance or achievements to be materially
different from any future transactions, results, performance or achievements
expressed or implied by such forward-looking statements. Although we believe
the expectations reflected in such forward-looking statements are based upon
reasonable assumptions, we can give no assurance that our expectations will be
attained or that any deviations will not be material. We disclaim any
obligations or undertaking to publicly release any updates or revisions to any
forward-looking statement contained in this annual report on Form 10-KSB to
reflect any change in our expectations with regard thereto or any change in
events, conditions or circumstances on which any such statement is based.


                                   PART I

ITEM 1. DESCRIPTION OF BUSINESS

GENERAL

     Biggest Little Investments, L.P. (the "Partnership"), formerly Resources
Accrued Mortgage Investors 2, L.P., Resources Accrued Mortgage Investors L.P.
Series 87 and Resources Accrued Mortgage Investors L.P. Series 88, was
organized as a Delaware limited partnership on August 14, 1986. Until January
1, 2002, the general partners of the Partnership were RAM Funding, Inc. ("RAM
Funding") and Presidio AGP Corp. ("Presidio AGP"). Effective January 1, 2002,
the managing general partner interest and the associate general partner
interest were acquired by Maxum LLC, a Nevada limited liability company (the
"General Partner"). See "Change in Control" below. On October 8, 2003, the
Partnership received consents from the holders of a majority of its
outstanding units of limited partnership interest ("Units") to adopt the
Partnership's Second Amended and Restated Agreement of Limited Partnership
(the "Amended LP Agreement"). Pursuant to the Amended LP Agreement, the
Partnership was renamed "Biggest Little Investments, L.P." In addition, the
Amended LP Agreement provides the Partnership with the ability to leverage its
property in an effort to increase the value of the Partnership, to purchase
additional real estate for investment and/or development and to make or
acquire additional mortgage loans or short-term loans, as well as to reinvest
operating income and proceeds from the sale or refinancing of its properties
or the disposition of its mortgage loans. Finally, the Amended LP Agreement
permits the Partnership to repurchase Units from the limited partners.

CHANGE IN CONTROL

     As of January 1, 2002, the General Partner acquired both the managing
general partner interest and the associate general partner interest in the
Partnership from RAM Funding and Presidio AGP, respectively, pursuant to the
General and Limited Partner Interest Assignment Agreement (the "Assignment
Agreement"), dated as of October 10, 2001, between the General Partner,
Western Real Estate Investments, LLC, an affiliate of the General Partner
("Western"), RAM Funding and Presidio AGP as well as Presidio Capital
Investment Company LLC, Presidio Partnership II Corp. and Bighorn Associates
LLC, each of which is affiliated with RAM Funding and Presidio AGP Corp. and
was a limited partner of the Partnership prior to January 1, 2002 (the "Former
LPs"). Also pursuant to the Assignment Agreement, as of January 1, 2002,
Western purchased all of the Units owned by the Former LPs.

     As a result of the transactions described above, the General Partner owns
100% of the general partner interests in the Partnership. Western beneficially
owns approximately 2.5% of the outstanding Units on the date hereof (see
"Recent Events" under Item 6 below). In addition, as of January 1, 2002, the
General Partner was appointed as the managing agent at the Sierra Property (as


                                     -2-



hereinafter defined), replacing an affiliate of RAM Funding, Presidio AGP and
the Former LPs.

     The principal executive offices of the Partnership are located at 3650 S.
Virginia Street, Unit K2, Reno, Nevada  89502, and the Partnership's telephone
number is (775) 825-3355.


MANAGEMENT/EMPLOYEES

     The Partnership has three employees; two of them work full time, one
works part time. The business of the Partnership is managed by the General
Partner and its affiliates and agents.


INVESTMENTS OF THE PARTNERSHIP

     The Partnership had an investment in a mortgage loan (the "Sierra Loan")
issued in 1989 in the amount of $6,500,000 to a public limited partnership.
On March 3, 2003, the Partnership acquired the deed to the property securing
the Sierra Loan, a shopping center commonly known as the Sierra Marketplace
located in Reno, Nevada (the "Sierra Property"), in lieu of foreclosing on the
Sierra Loan.  The Sierra Property consists of approximately 213,000 square
feet of net rentable area and occupies 18.67 acres, consisting primarily of
two main buildings with spaces for two anchor tenants, with surface parking
for approximately 1,100 automobiles.

     In an effort to maximize the financial viability of the Sierra Property,
the Partnership began to remodel and renovate the Property during 2004. See
"Item 2. Description of Property" for a description of the Sierra Property and
its tenants, and the Partnership's renovation plans to date.


COMPETITION

     The real estate business is highly competitive and the Sierra Property has
active competition for tenants from similar properties in the vicinity. See
"Item 6. Management's Discussion and Analysis or Plan of Operation."


TENDER OFFERS

     On December 17, 2007, Mr. Ben Farahi, the Manager of the General Partner
but acting in his individual capacity, commenced a tender offer (the "Offer")
to purchase up to 20,000 Units at a price of $165 per Unit. The Offer was
originally scheduled to expire on January 30, 2008. The maximum number of
Units to be purchased was increased to 25,000 and the Offer was extended until
February 28, 2008, and expired on such date. The Offer resulted in the tender
by limited partners, and purchase by Mr. Farahi, of 8,268 Units. As a result
of such purchases, Mr. Farahi beneficially owns 58,065 Units, constituting
approximately 32.1% of the outstanding Units, in addition to 61,268 Units of
which he disclaims beneficial ownership.

     On June 6, 2006, Mr. Ben Farahi, acting in his individual capacity,
commenced a tender offer (the "Previous Offer") to purchase up to 65,000 Units
at a price of $140 per Unit. The Previous Offer expired on August 29, 2006,
and resulted in the tender by limited partners, and purchase by Mr. Farahi, of
8,821 Units.

     As of March 10, 2008, the Partnership had 180,937 Units outstanding.

ITEM 2. DESCRIPTION OF PROPERTY

     The Partnership's sole property is the Sierra Property, located at South
Virginia Street and East Moana Lane, one of the busiest intersections in Reno,
Nevada. The Partnership owns the Sierra Property in fee simple and the Sierra
Property is not subject to any mortgages, liens or other encumbrances. The
General Partner believes that the Sierra Property is adequately covered by
insurance.

                                     -3-



Tenants of the Sierra Property

     In March 2007, the space previously occupied by an anchor tenant was
vandalized resulting in damage in excess of $89,000. The Partnership filed an
insurance claim on the loss and, in August 2007, received $47,594 in
settlement proceeds from the insurance company. The Partnership took an
impairment of $83,890 during the third quarter of 2007.

     The Partnership has increased its security measures at the Sierra
Property and is in the process of evaluating repair and lease options for the
damaged spaces.


Renovation

     In an effort to maximize the financial viability of the Sierra Property,
the Partnership demolished and rebuilt part of the Sierra Property, and may
demolish, rebuild, remodel and renovate other parts of the Sierra Property
(the "Renovation"). As part of the Renovation, a portion of the shopping
center was demolished for the purpose of creating a new driveway (and traffic
signal) directly between the Sierra Property and the property adjacent to the
Sierra Property (the "Adjacent Property"). The driveway was constructed
and put into use on September 30, 2004, and is being shared by, and provides a
connection between, the Sierra Property and the Adjacent Property. In January
2004, the Adjacent Property entered into a lease with the Partnership for a
37,368 square foot section of the Sierra Property (including the new
driveway). The Adjacent Property pays rent and has a minimum lease term of 15
years at a monthly rent of $25,000, subject to increase every 60 months based
on the Consumer Price Index. The Adjacent Property also uses part of the
common area of the Sierra Property and pays its proportionate share of the
common area expense of the Sierra Property. The Adjacent Property has the
option to renew the lease for three five-year terms, and at the end of the
extension periods, has the option to purchase the leased section of the Sierra
Property at a price to be determined based on an MAI Appraisal. The space
being leased by the Adjacent Property provides pedestrian and vehicle access
to the Adjacent Property, and the Adjacent Property has use of a portion of
the parking spaces at the Sierra Property. The total cost of the project was
$2.0 million and the Adjacent Property was responsible for two-thirds of the
total cost, or $1.35 million.

     As part of the driveway lease, Monarch Casino & Resort, Inc. ("Monarch"),
the owner of the Adjacent Property, has reserved the gaming rights associated
with the Sierra Property for the initial five-year term, or until September
30, 2009. Before the end of the initial five-year term, Monarch may purchase
an extension of the gaming restriction within the Sierra Property at a price
to be determined based on an MAI Appraisal. Monarch has indicated that it will
likely purchase such extension. The Partnership believes that such extension
has substantial value and will be one of the determining factors in how the
Sierra Property will be redeveloped.

     Further phases of the Renovation are currently being studied. Until firm
plans are established for the development of the Sierra Property, we are
marketing vacant spaces only to tenants willing to sign short-term leases.

     As of March 10, 2008, approximately 30.0% of the Sierra Property's
rentable square footage was occupied. The average effective monthly rent is
$1.12 per occupied square foot. This does not include the driveway leased to
the Adjacent Property.












                                    -4-



Lease Expirations

     The following table details the number of tenants whose leases will
expire for each of the next ten years and related information:

<TABLE>
<CAPTION>
                                   Total Sq. Ft.    Annual Rent of      % of Gross Annual
               Number of Leases    of Expiring      Expiring Leases     Rent of Expiring
Year           Expiring            Leases           at Current Rates    Leases
----           ----------------    -------------    ----------------    -----------------
<C>            <C>                 <C>              <C>                 <C>
2008                  7               16,404            318,037              27.3%
2009                  2                2,875             54,306               4.7%
2010                  1                1,000             23,552               2.0%
2011                  0                   -                  -                  -
2012 through
 2017                 2                9,224            100,314               8.6%
</TABLE>

     In addition, there are 11 spaces totaling approximately 34,656 square
feet and representing approximately $30,660 in monthly rent that are currently
being leased on a month-to-month basis. The Adjacent Property also leases a
portion of the Sierra Property's parking spaces as well as sign space on a
month-to-month basis. The Adjacent Property has given the Partnership a notice
to vacate 18,225 square feet of the office and storage space it is currently
leasing; the Adjacent Property will vacate these spaces no later than June 30,
2008. The Adjacent Property is also leasing sign space at the Sierra Property
for $1,060 per month.


Depreciation

     Set forth below is a table showing the carrying value, accumulated
depreciation and federal tax basis (in thousands) of the Sierra Property as of
December 31, 2007:

 Carrying     Accumulated                                   Federal Tax
   Value      Depreciation       Rate          Method          Basis
-----------   ------------     --------     -------------   -----------
 $ 15,268        $2,186        5-30 yrs     Straight Line    $ 14,341


Realty Taxes

     The realty tax rate for the Sierra Property for July 1, 2007 through June
30, 2008, is approximately 3.6462% of appraised value and the real estate
taxes to be paid are $260,621.


Real Estate Investment Policies of the Partnership

     It is the Partnership's policy to acquire assets both for possible
capital gain and for income. There are no limitations on the percentage of the
Partnership's assets which may be invested in any one investment.


Investments in Real Estate or Interests in Real Estate

     The Partnership may invest in properties including commercial or multi-
family, real, personal or mixed, choses in action, or any interest therein,
including any non-income producing properties, throughout the United States.
The Partnership may finance its purchase of real estate, including from
affiliates, provided that the maximum amount of permanent indebtedness secured
by the Partnership's fixed assets may not exceed, with respect to any such
fixed asset, 80% of the appraised value of that asset. The Partnership may
lease, own, mortgage, encumber, improve or cause to be improved, use, lend,
operate, service, maintain, develop, convey and otherwise dispose of and sell,
handle, subdivide, plat, trade and deal in any property it acquires.



                                    -5-



Investments in Real Estate Mortgages

     The Partnership may invest in, hold, sell, dispose of and otherwise act
with respect to first and junior mortgage loans on fee or leasehold interests
in real property or other beneficial interests essentially equivalent to a
mortgage on real property, as well as loans secured by interests in
partnerships, real estate investment trusts, joint ventures or other entities.
The Partnership may not, however, invest in or make mortgage loans on any one
property if the aggregate amount of all mortgage loans outstanding on the
property including the principal amount of the Partnership's mortgage loan,
would exceed an amount equal to 80% of the appraised value of the property at
the time the loan is made unless substantial justification exists because of
the presence of other underwriting criteria, subject to certain exceptions.


Securities of or Interests in Persons Primarily Engaged in Real Estate
Activities

     The Partnership may invest in entities primarily engaged in real estate
activities, provided that the Partnership acquires a controlling interest in
such entity (or joint venture), or the Partnership has reserved for itself the
right to control the entity (or joint venture) through its right to withhold
approval of decisions having a material effect on the property held.
Investments by the Partnership in junior trust deeds and other similar
obligations are prohibited, except for junior trust deeds which arise from the
sale of the Partnership's fixed assets.


ITEM 3. LEGAL PROCEEDINGS

     None.


ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

     None.


                                   PART II

ITEM 5. MARKET FOR COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND SMALL
        BUSINESS ISSUER PURCHASES OF EQUITY SECURITIES

     There is no established public trading market for the Units of the
Partnership. As of March 10, 2008, there were approximately 1,124 holders of
Units owning an aggregate of 180,937 Units (including Units held by affiliates
of the General Partner).


ITEM 6. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

     The matters discussed in this Form 10-KSB contain certain forward-looking
statements and involve risks and uncertainties. The Partnership could be
affected by declining economic conditions as a result of various factors that
affect the real estate business including the financial condition of tenants,
competition, the ability to lease vacant space within the Sierra Property or
renew existing leases, increased operating costs (including insurance costs),
and the costs associated with, and results of, the Partnership's plan to
renovate and reposition the Sierra Property, as detailed in the filings with
the Securities and Exchange Commission made by the Partnership from time to
time. The discussion of the Partnership's liquidity, capital resources and
results of operations, including forward-looking statements pertaining to such
matters, is based on management's current expectations and does not take into
account the effects of any changes to the Partnership's operations resulting
from risks and uncertainties. Accordingly, actual results could differ
materially from those projected in the forward-looking statements.

     This item should be read in conjunction with the financial statements and
other items contained elsewhere in this report.

                                     -6-



Recent Events

     On December 17, 2007, Mr. Ben Farahi, the Manager of the General Partner
but acting in his individual capacity, commenced a tender offer (the "Offer")
to purchase up to 20,000 Units at a price of $165 per Unit. The Offer was
originally scheduled to expire on January 30, 2008. The maximum number of
Units to be purchased was increased to 25,000 and the Offer was extended until
February 28, 2008, and expired on such date. The Offer resulted in the tender
by limited partners, and purchase by Mr. Farahi, of 8,268 Units.

     On December 15, 2007, the Partnership engaged Commercial Partners of
Nevada, LLC ("Commercial Partners") as listing agent in an attempt to locate
and sign tenants for the Sierra Property. Commercial Partners is to receive a
commission for any new tenant signing that is based on total net rent
commitment.

     Beginning in April 2007, affiliates of the General Partner began leasing
office space at the Sierra Property and pay monthly rent of $2,408. The
General Partner uses a portion of this office space and participates in such
rent payments.

     In March 2007, a vacant space at the Sierra Property was vandalized
resulting in damage in excess of $89,000. The Partnership filed an insurance
claim on the loss and, in August 2007, received $47,594 in settlement proceeds
from the insurance company. The Partnership took an impairment of $83,890
during the third quarter of 2007 while it evaluates repair and lease options
for the vacant space. The Partnership has increased its security measures at
the Sierra Property.

     On June 22, 2006, Ben Farahi, as the sole managing member of Western
Western, filed Articles of Dissolution with the Secretary of State of the
State of Nevada with respect to Western, which beneficially owned 91,902
Units. The Articles of Dissolution were subsequently challenged by Ben
Farahi's brothers, John Farahi and Bob Farahi. Each of Ben Farahi and his
brothers owns a one-third interest in Western. Ben Farahi believes that he and
each of his brothers owns one-third of the assets of Western. Western's sole
assets are its Units of the Partnership. Accordingly, Ben Farahi owns one-
third of Western's Units, constituting 30,634 Units, in addition to the 27,431
Units owned by him individually, or 32.1% of the outstanding Units. Ben Farahi
is no longer acting in concert with, or considered for securities law purposes
to be part of a 'group' with, either of his brothers with respect to his
ownership of Units. Consequently, Ben Farahi disclaims ownership of the 61,268
Units, constituting 33.9% of the outstanding Units, owned by his brothers
through Western. In the event that it is eventually determined under Nevada
law that Ben Farahi's brothers control Western's actions, it is possible,
although unlikely, that they would control 91,902 Units on behalf of Western,
constituting a 50.8% majority interest in the Partnership's outstanding Units.
On March 28, 2007, Ben Farahi, as the sole managing member of Western, took
the action of transferring 95%, or 87,306, of Western's Units to each of the
three members proportionately. Such transfers were made effective April 1,
2007. As a result of these transfers, Western owns 4,596 Units, or
approximately 2.5%, of the Partnership's outstanding Units, Ben Farahi
individually owns 58,065 Units, or 32.1%, and John Farahi and Bob Farahi each
individually owns 30,634, or 16.9%, of the Partnership's outstanding Units as
of March 10, 2008.


Real Estate Market

     The Partnership's sole fixed asset as of December 31, 2007 was the Sierra
Property, which is currently in need of several new tenants. There has been
substantial development of retail space in the Reno area over the past few
years especially in close vicinity to the Sierra Property, which has created
substantial competition for the Sierra Property. Also, in the past few years,
the Sierra Property has lost all of its original anchor tenants and has not
been able to locate new anchor tenants with similar lease terms; two of the
spaces are currently vacant. The third anchor tenant space was demolished for



                                    -7-



the purpose of creating in its place a new driveway (and traffic signal)
directly between the Sierra Property and the Adjacent Property, and the
portion of the Sierra Property that was demolished has been leased to the
owner of the Adjacent Property since September 30, 2004, enabling the
Partnership to make up much of the lost rental revenue previously generated by
the space.

     There can be no assurances that the Partnership's plan to improve the
Sierra Property's occupancy will be successful. Until firm plans are
established for the renovation and/or redevelopment of the Sierra Property, we
are marketing vacant spaces only to tenants willing to sign short-term leases.


Liquidity and Capital Resources

     The Partnership's level of liquidity based on cash and cash equivalents
increased by $1,475,316 to $8,739,802 during the year ended December 31, 2007
as compared to December 31, 2006. The increase was due to cash provided by
operating activities of $1,266,721, and $208,595 of cash received from
insurance for claims settlement. Cash and cash equivalents are invested in
short-term instruments and are expected to be sufficient to pay administrative
expenses. See "Item 7. Financial Statements - Note 2."

     On April 14, 2006, a distribution of $2.50 per Unit was paid to limited
partners of record as of the close of business on March 31, 2006, and
affiliates of the Partnership, including the General Partner, received an
aggregate of $267,209 from this distribution. The balance of this
distribution, $196,733, was paid to the Partnership's non-affiliated limited
partners. The Partnership does not anticipate making any distributions of net
cash provided by operating activities in the near future because such cash
will be needed for renovations and enhancements to the Sierra Property, as
well as for other possible investments.


RESULTS OF OPERATIONS

Comparison of operating results for the year ended December 31, 2007 as
compared to December 31, 2006.

     Net income increased by $166,315 to $796,078 for the year ended
December 31, 2007 as compared to 2006. Revenues decreased by $20,629 to
$2,094,406 for the year ended December 31, 2007 as compared to the same period
in 2006. The increase in net income is due to a $186,944 decrease in costs and
expenses, partially offset by the decrease in revenues. The decrease in
revenues was primarily due to a decrease of $77,261 in rental income due to
lower occupancy partially offset by an increase in rental rates at the Sierra
property during 2007 compared to 2006. In addition, the Partnership received
$11,222 less in miscellaneous income during 2007 as compared to 2006. These
decreases were partially offset by higher interest income during 2007 due to
higher cash balances, which were partially offset by lower interest rates.

     The decrease in costs and expenses in 2007 as compared to 2006 was due to
lower general and administrative expenses as well as decreased depreciation
costs. General and administrative expenses decreased mainly due to lower legal
and accounting expenses in 2007 as compared to 2006, a $50,000 consulting fee
paid to the General Partner in 2006 for its work related to the Sierra
Property's zoning change application, and the fees related to the financial
advisory services provided by Marshall & Stevens in relation to Monarch's
offer to purchase the Sierra Property in 2006. Depreciation expense decreased
due to impairment charges. Also, the Partnership incurred $10,000 in
development costs that were not consummated (related to design and engineering
expenses for potential renovation plans to the Sierra Property that were
subsequently cancelled due to changes in market conditions that caused the
maximum potential of the Sierra Property to change) in 2006 that it did not
incur in 2007. These decreases were partially offset by slight increases in
operating and management fee expenses during 2007 as compared to 2006.




                                     -8-



Critical Accounting Policies

     The Partnership's only significant critical accounting policy relates to
the evaluation of the fair value of real estate. The Partnership evaluates the
need for an impairment loss on its real estate assets when indicators of
impairment are present and the undiscounted cash flows are not sufficient to
recover the asset's carrying amount. The impairment loss is measured by
comparing the fair value of the asset to its carrying amount. The evaluation
of the fair value of real estate is an estimate that is susceptible to change
and actual results could differ from those estimates. The sufficiency of
existing liquid assets to meet future liquidity and capital expenditure
requirements is directly related to the level of capital expenditures required
at the property to adequately maintain the physical assets and the other
operating needs of the Partnership. Such assets are currently thought to be
sufficient for any near-term and long-term needs of the Partnership, except
that the Partnership may need to obtain financing for the later phases of the
Renovation. During 2007, the Partnership incurred approximately $319,000 in
impairment charges.

     See 'Recently Issued Accounting Standards' in Note 2. for a description
of recent accounting standards and their effects on the Partnership's
financial statements.


Quantitative and Qualitative Disclosures about Market Risk

     The Partnership is not subject to market risk as its cash and cash
equivalents are invested in short-term money market mutual funds. The
Partnership has no loans outstanding.









































                                      -9-



ITEM 7. FINANCIAL STATEMENTS




             REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM


To the Partners of
Biggest Little Investments, L.P.


We have audited the accompanying balance sheets of Biggest Little Investments,
LP as of December 31, 2006 and 2007, and the related statements of operations,
partners' equity and cash flows for each of the years in the two-year period
ended December 31, 2007. Biggest Little Investments, LP's management is
responsible for these financial statements. Our responsibility is to express
an opinion on these financial statements based on our audits.

We conducted our audits in accordance with the standards of the Public Company
Accounting Oversight Board (United States). Those standards require that we
plan and perform the audit to obtain reasonable assurance about whether the
financial statements are free of material misstatement. The company is not
required to have, nor were we engaged to perform, an audit of its internal
control over financial reporting. Our audit included consideration of internal
control over financial reporting as a basis for designing audit procedures
that are appropriate in the circumstances, but not for the purpose of
expressing an opinion on the effectiveness of the company's internal control
over financial reporting. Accordingly, we express no such opinion. An audit
also includes examining, on a test basis, evidence supporting the amounts and
disclosures in the financial statements, assessing the accounting principles
used and significant estimates made by management, as well as evaluating the
overall financial statement presentation. We believe that our audits provide a
reasonable basis for our opinion.

In our opinion, the financial statements referred to above present fairly, in
all material respects, the financial position of Biggest Little Investments,
LP as of December 31, 2006 and 2007, and the results of its operations and its
cash flows for each of the years in the two-year period ended December 31,
2007 in conformity with accounting principles generally accepted in the United
States of America.


Mark Bailey & Co, Ltd.
Reno, Nevada
March 24, 2008
























                                    -10-



                        BIGGEST LITTLE INVESTMENTS L.P.
                                 BALANCE SHEETS


<TABLE>
<CAPTION>
                                                       December 31,
                                               -------------------------
                                                   2007         2006
                                               ------------ ------------
<S>                                            <C>          <C>
ASSETS

  Real estate, net............................ $ 13,082,125  $ 13,787,444
  Cash and cash equivalents...................    8,739,802     7,264,486
  Receivables.................................       22,613        24,785
  Prepaid expense.............................        2,027            -
                                               ------------  ------------
     Total assets............................. $ 21,846,567  $ 21,076,715
                                               ============  ============

LIABILITIES AND PARTNERS' EQUITY

  Liabilities

    Accounts payable, accrued expenses and
      unclaimed property...................... $     73,417  $     86,910
    Rent prepaid..............................        4,374        12,882
    Tenant deposits...........................       35,219        39,444
                                               ------------  ------------
  Total liabilities...........................      113,010       139,236
                                               ------------  ------------

  Commitments and Contingencies

    Partners' equity

    Limited partners' equity (180,937 units at
     12/31/07 and 12/31/06 issued and
     outstanding).............................   21,177,380    20,401,204
    General partner's equity..................      556,177       536,275
                                               ------------  ------------
  Total partners' equity......................   21,733,557    20,937,479
                                               ------------  ------------
     Total liabilities and partners' equity... $ 21,846,567  $ 21,076,715
                                               ============  ============
</TABLE>



The accompanying Notes to Financial Statements are an integral part of these
statements.


















                                    -11-



                       BIGGEST LITTLE INVESTMENTS L.P.
                           STATEMENTS OF OPERATIONS

<TABLE>
<CAPTION>
                                            Years ended December 31,
                                           ---------------------------
                                               2007           2006
                                           ------------   ------------
<S>                                        <C>            <C>
Revenues
  Rental income.........................   $  1,667,905   $  1,745,166
  Other income..........................          6,386         17,608
  Interest income.......................        420,115        352,261
                                           ------------   ------------
     Net revenues.......................      2,094,406      2,115,035
                                           ------------   ------------
Costs and Expenses

  Operating expenses....................        540,245        537,711
  General and administrative............        163,570        303,513
  Depreciation..........................        481,725        522,251
  Management fees.......................        112,788        111,797
  Costs of development not consummated..             -          10,000
                                           ------------   ------------
     Total costs and expenses...........      1,298,328      1,485,272
                                           ------------   ------------
     Net income ........................   $    796,078   $    629,763
                                           ============   ============

Net income attributable to:

     Limited partners...................   $    776,176   $    614,019

     General partner....................         19,902         15,744
                                           ------------   ------------
                                           $    796,078   $    629,763
                                           ============   ============


NET INCOME PER UNIT OF LIMITED PARTNERSHIP
    INTEREST                               $       4.29   $       3.39
                                           ============   ============

WEIGHTED AVERAGE UNITS OUTSTANDING              180,937        180,937
                                           ============   ============
</TABLE>



The accompanying Notes to Financial Statements are an integral part of these
statements.

















                                    -12-



                     BIGGEST LITTLE INVESTMENTS L.P.
                      STATEMENTS OF PARTNERS' EQUITY
                  YEARS ENDED DECEMBER 31, 2007 AND 2006


<TABLE>
<CAPTION>

                             Limited         General        Total
                            Partners'       Partner's     Partners'
                              Equity         Equity        Equity
                           ------------   ------------   -----------
<S>                        <C>            <C>            <C>
Balance, December 31, 2005 $ 20,239,528   $    532,130   $20,771,658
  Distribution............     (452,343)       (11,599)     (463,942)
  Net income..............      614,019         15,744       629,763
                           ------------   ------------   -----------
Balance, December 31, 2006   20,401,204        536,275    20,937,479
  Net income..............      776,176         19,902       796,078
                           ------------   ------------   -----------
Balance, December 31, 2007 $ 21,177,380   $    556,177   $21,733,557
                           ============   ============   ===========
</TABLE>


The accompanying Notes to Financial Statements are an integral part of these
statements.










































                                    -13-



                      BIGGEST LITTLE INVESTMENTS L.P.
                          STATEMENTS OF CASH FLOWS



<TABLE>
<CAPTION>
                                                Years ended December 31,
                                                -------------------------
                                                    2007          2006
                                                ------------  -----------
<S>                                             <C>           <C>
Cash flows from operating activities:
  Net income .................................. $    796,078  $   629,763
   Adjustments to reconcile net income to net
    cash provided by operating activities:
      Depreciation.............................      481,725      522,251
      Costs of development not consummated.....           -        10,000
      Loss due to vandalism....................       15,000           -
   Changes in assets and liabilities:
      Decrease (increase) in tenant receivables
        and prepaid expense....................          144       (3,629)
      (Decrease) increase in accounts payable,
        accrued expenses and other liabilities.      (26,226)      35,954
                                                ------------  -----------
    Net cash provided by
      operating activities.....................    1,266,721    1,194,339
                                                ------------  -----------

Cash flows from investing activities:
    Cash received from insurance for claims
      settlement...............................      208,595           -
                                                  ----------  -----------
    Cash provided by investing activities......      208,595           -
                                                  ----------  -----------

Cash flows from financing activities:
    Cash used for distribution.................           -      (463,942)
                                                ------------  -----------
    Cash used in financing activities..........           -      (463,942)
                                                ------------  -----------


Net increase in cash...........................    1,475,316      730,397

Cash and cash equivalents, beginning of year...    7,264,486    6,534,089
                                                ------------  -----------
Cash and cash equivalents, end of year......... $  8,739,802  $ 7,264,486
                                                ============  ===========
</TABLE>





The accompanying Notes to Financial Statements are an integral part of these
statements.












                                    -14-



                       BIGGEST LITTLE INVESTMENTS L.P.
                        NOTES TO FINANCIAL STATEMENTS

NOTE 1. ORGANIZATION AND PLAN OF OPERATION

     Biggest Little Investments L.P. (the "Partnership"), formerly Resources
Accrued Mortgage Investors 2, L.P., Resources Accrued Mortgage Investors L.P.
Series 87 and Resources Accrued Mortgage Investors L.P. Series 88, a Delaware
limited partnership, was formed in August 1986 under the Delaware Revised
Uniform Limited Partnership Law for the purpose of investing primarily in
senior and junior accrued interest mortgage loans on properties owned or
acquired principally by publicly or privately syndicated limited partnerships
sponsored by affiliates of Integrated Resources, Inc. ("Integrated"). During
1994, Integrated's indirect ownership of the managing general partner was
purchased by Presidio Capital Corp. ("Presidio"). Through December 31, 2001,
the managing general partner of the Partnership was RAM Funding, Inc. and the
associate general partner was Presidio AGP Corp., which are wholly-owned
subsidiaries of Presidio. Effective January 1, 2002, pursuant to the General
and Limited Partner Interest Assignment Agreement (the "Assignment
Agreement"), the managing general partner and associate general partner
interests in the Partnership were acquired by Maxum LLC ("Maxum" or the
"General Partner").

     In accordance with the Partnership's Agreement of Limited Partnership
(the "Partnership Agreement"), net income and loss, adjusted cash from
operations and disposition proceeds are allocated 97.5% to the limited
partners and 2.5% to the general partner.

     On October 8, 2003, the Partnership received consents from the holders of
a majority of its outstanding units of limited partnership interest ("Units")
to adopt the Partnership's Second Amended and Restated Agreement of Limited
Partnership (the "Amended LP Agreement"). Pursuant to the Amended LP
Agreement, the Partnership was renamed "Biggest Little Investments L.P." In
addition, the Amended LP Agreement provides the Partnership with the ability
to leverage its property in an effort to increase the value of the
Partnership, to purchase additional real estate for investment and/or
development and to make or acquire additional mortgage loans or short-term
loans, as well as to reinvest operating income and proceeds from the sale or
refinancing of its properties or the disposition of its mortgage loans.
Finally, the Amended LP Agreement permits the Partnership to repurchase Units
from the limited partners.

     The Partnership had an investment in a mortgage loan (the "Sierra Loan")
issued in 1989 in the amount of $6,500,000 to a public limited partnership. In
March 2003, the Partnership acquired the deed to the property securing the
Sierra Loan, a shopping center commonly known as the Sierra Marketplace
located in Reno, Nevada (the "Sierra Property"), in lieu of foreclosing on the
Sierra Loan. The Sierra Property consists of approximately 213,000 square feet
of net rentable area and occupies 18.67 acres, consisting primarily of two
main buildings with spaces for two anchor tenants, with surface parking for
approximately 1,100 automobiles. Until firm plans are established for the
development of the Sierra Property, the Partnership is marketing vacant spaces
only to tenants willing to sign short-term leases. The Sierra Property is
approximately 70% vacant.


NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Property and Provision for Impairment

     Property is stated at cost, less accumulated depreciation. Since
acquisition, property has been depreciated principally on a straight-line
basis over the estimated service lives as follows:

     Land improvements ...........    5 years
     Buildings ...................   30 years
     Building improvements ....... 5-30 years



                                    -15-



     In accordance with Statement of Financial Accounting Standard ("SFAS")
No. 144, "Accounting for the Impairment and Disposal of Long-Lived Assets,"
the Partnership evaluates the carrying value of its long-lived assets for
impairment at least annually or whenever events or changes in circumstances
indicate that the carrying value of the assets may not be recoverable from
related future undiscounted cash flows. As of December 31, 2007, the
Partnership determined none of its long-lived assets were impaired.

Allowance for Doubtful Accounts

     The Partnership monitors its accounts receivable balances on a monthly
basis to ensure they are collectible. On a quarterly basis, the Partnership
uses its historical experience to determine its accounts receivable reserve.
The Partnership's allowance for doubtful accounts is an estimate based on
specifically identified accounts as well as general reserves. The Partnership
evaluates specific accounts where it has information that the customer may
have an inability to meet its financial obligations. In these cases,
management uses judgment, based upon the best available facts and
circumstances, and records a specific reserve for that customer against
amounts due to reduce the receivable to the amount that is expected to be
collected. These specific reserves are reevaluated and adjusted as additional
information is received that impacts the amount reserved. The Partnership also
establishes a general reserve based upon a range of percentages applied to
aging categories. These percentages are based on historical collection and
write-off experience. If circumstances change, the Partnership's estimate of
the recoverability of amounts due the Partnership could be reduced or
increased by a material amount. Such a change in estimated recoverability
would be accounted for in the period in which the facts that give rise to the
change become known. The Partnership currently does not have an allowance for
bad debt.

Cash and Cash Equivalents

     For the purpose of the statements of cash flows, the Partnership
considers all short-term investments, which have original maturities of three
months or less to be cash equivalents. Substantially all of the Partnership's
cash and cash equivalents are held at two financial institutions.

Concentration of Credit Risk

     The Partnership maintains cash balances at institutions insured up to
$100,000 by the Federal Deposit Insurance Corporation. Balances in excess of
$100,000 are usually invested in savings and money market accounts. Cash
balances exceeded these insured levels during the year. No losses have
occurred or are expected due to this risk.

Revenue Recognition

     Rental revenues are based on lease terms and recorded as income when
earned and when they can be reasonably estimated. Rent increases are generally
based on the Consumer Price Index. Leases generally require tenants to
reimburse the Partnership for certain operating expenses applicable to their
leased premises. These costs and reimbursements have been included in
operating expenses and rental income, respectively.

Fair Value of Financial Instruments

     The carrying amounts of cash and cash equivalents, accounts receivable,
accounts payable and accrued expenses approximate their fair values due to the
short-term maturity of these instruments.

Net Income Per Unit of Limited Partnership Interest

     Net income per Unit is computed based upon the weighted average number of
Units outstanding (180,937 Units at December 31, 2007 and 2006) during the
year.




                                    -16-



Income Taxes

     No provisions have been made for federal, state and local income taxes,
since they are the personal responsibility of the partners.

     The income tax returns of the Partnership are subject to examination by
federal, state and local taxing authorities. Such examinations could result in
adjustments to Partnership income, which changes could affect the tax
liability of the individual partners.

Estimates

     The preparation of financial statements in conformity with accounting
principles generally accepted in the United States of America requires
management to make estimates and assumptions that affect the reported amount
of assets, liabilities, revenues and expenses and related disclosure of
contingent assets and liabilities.

     On an ongoing basis, the Partnership evaluates its estimates, including
those related to bad debts, contingencies, litigation and valuation of the
real estate. The Partnership bases its estimates on historical experience and
on various other assumptions that are believed to be reasonable under the
circumstances, the results of which form the basis for making judgments about
the carrying values of assets and liabilities that are not readily apparent
from other sources. Actual results may differ from these estimates under
different assumptions or conditions.

Recently Issued Accounting Standards

     In December 2007, the Financial Accounting Standards Board ("FASB")
issued Statement of Financial Accounting Standards No. 141 (revised 2007),
"Business Combinations" ("FAS 141R"). FAS 141R establishes principles and
requirements for how the acquirer in a business combination recognizes and
measures in its financial statements the fair value of identifiable assets
acquired, the liabilities assumed and any noncontrolling interest in the
acquiree at the acquisition date. FAS 141R determines what information to
disclose to enable users of the financial statements to evaluate the nature
and financial effects of the business combination. FAS No. 141R is effective
for fiscal years beginning after December 15, 2008. We are currently
evaluating the impact of adopting FAS 141R on our consolidated results of
operations and financial condition and plan to adopt it as required in the
first quarter of fiscal 2009, if applicable to the Partnership at such time.

     In December 2007, the FASB issued SFAS 160, "Noncontrolling Interests in
Consolidated Financial Statements" ("FAS 160"), an amendment of Accounting
Research Bulletin No. 51, "Consolidated Financial Statements."  FAS 160
establishes accounting and reporting standards for the noncontrolling interest
in a subsidiary and for the deconsolidation of a subsidiary. Minority
interests will be recharacterized as noncontrolling interests and will be
reported as a component of equity separate from the parent's equity, and
purchases or sales of equity interests that do not result in a change in
control will be accounted for as equity transactions. In addition, net income
attributable to the noncontrolling interest will be included in consolidated
net income on the face of the income statement and upon a loss of control, the
interest sold, as well as any interest retained, will be recorded at fair
value with any gain or loss recognized in earnings. This pronouncement is
effective for fiscal years beginning after December 15, 2008. We are currently
evaluating the impact of adopting FAS 160 on our consolidated results of
operations and financial condition and plan to adopt it as required in the
first quarter of fiscal 2009, if applicable to the Partnership at such time.

     In February 2007, the FASB issued SFAS No. 159, "The Fair Value Option
for Financial Assets and Financial Liabilities." This Statement permits
entities to choose to measure many financial assets and financial liabilities
at fair value. Unrealized gains and losses on items for which the fair value
option has been elected are reported in earnings. SFAS No. 159 is effective
for fiscal years beginning after November 15, 2007. The Partnership does not
expect that it will have a material impact on its financial statements.

                                    -17-



     In September 2006, the FASB issued SFAS No. 157, "Fair Value Measures."
This Statement defines fair value, establishes a framework for measuring fair
value in generally accepted accounting principles, expands disclosures about
fair value measurements, and applies under other accounting pronouncements
that require or permit fair value measurements. SFAS No. 157 does not require
any new fair value measurements. However, the FASB anticipates that for some
entities, the application of SFAS No. 157 will change current practice. SFAS
No. 157 is effective for financial statements issued for fiscal years
beginning after November 15, 2007, which for the Partnership would be its
fiscal year beginning January 1, 2008. The Partnership does not expect that it
will have a material impact on its financial statements.


NOTE 3. CONFLICTS OF INTEREST AND TRANSACTIONS WITH RELATED PARTIES

     During 2006, Mr. Ben Farahi, the Manager of the General Partner but
acting in his individual capacity, acquired 84 Units in a series of open
market transactions, and an additional 8,821 Units via a tender offer that
terminated on August 29, 2006 (see below). As of December 31, 2007, affiliates
of the General Partner owned 111,065 Units, which represented 61.4% of the
issued and outstanding Units at such date.

     On December 17, 2007, Mr. Ben Farahi, acting in his individual capacity,
commenced a tender offer (the "Offer") to purchase up to 20,000 Units at a
price of $165 per Unit. The results of the Offer are disclosed in Note 8.
Subsequent Events. The Offer was originally scheduled to expire on January 30,
2008. The maximum number of Units to be purchased was increased to 25,000 and
the Offer was extended until February 28, 2008, and expired on such date. The
Offer resulted in the tender by limited partners, and purchase by Mr. Farahi,
of 8,268 Units. As a result of such purchases, Mr. Farahi beneficially owns
58,065 Units, constituting approximately 32.1% of the outstanding Units, in
addition to 61,268 Units of which he disclaims beneficial ownership.

     Beginning in April 2007, affiliates of the General Partner began leasing
office space at the Sierra Property and pay monthly rent of $2,408. The
General Partner uses a portion of this office space and participates in such
rent payments.

     On May 23, 2006, Ben Farahi resigned as an executive officer and director
of Monarch Casino & Resort, Inc. ("Monarch"), which controls a hotel casino
property located next to the Sierra Property (the "Adjacent Property"). Mr.
Farahi resigned, in part, to eliminate any potential conflict of interest with
respect to his position with the General Partner and his ownership of Units
and with the intent of focusing on the best interests of the Partnership.
Currently, Ben Farahi beneficially owns approximately 10.6% of Monarch's
outstanding common stock.

     On July 20, 2006, Monarch filed a Form 8-K stating that Monarch's Board
of Directors had been "accumulating information relative to a potential
purchase offer" for the Sierra Property. On July 26, 2006, the Partnership
received a letter from counsel to Monarch setting forth the terms of a
proposal by Monarch to purchase the Sierra Property at a cash price of $27
million (the "Offer").

     Although the Partnership had previously received expressions of interest
in the Sierra Property from Monarch and other third parties, no prior offers
were ever made, nor were any significant negotiations ever commenced. On May
3, 2006, the Partnership received a letter from counsel to Monarch confirming
a prior telephone conversation in which such counsel had advised Ben Farahi
that the Monarch Board of Directors wished immediately to commence
negotiations for the Sierra Property. During the referenced telephone
conversation, a member of the Board of Directors of Monarch informed Ben
Farahi that Monarch was interested in negotiating to purchase the Sierra
Property. Ben Farahi, on behalf of the General Partner, responded to the
representative of Monarch that the Partnership was not interested in selling
the Sierra Property but would, instead, consider entering into a long-term
lease arrangement.



                                    -18-



     On August 4, 2006, the Partnership entered into a letter agreement (the
"Agreement") with Marshall & Stevens Incorporated ("Marshall & Stevens")
pursuant to which the Partnership retained Marshall & Stevens to assist the
Partnership in analyzing Monarch's offer to purchase the Sierra Property and
the Partnership's strategic alternatives compared to the Offer. The Agreement
stated that Marshall & Stevens was to provide the Partnership with financial
advisory services for a fee of $20,000, and an objective, supportable fairness
opinion from a financial point of view for a fee of $50,000, to the partners
of the Partnership as to the Offer.

     On October 16, 2006, the General Partner decided, after completing a
thorough review of the Offer, that such Offer was not in the best interest of
the Partnership's limited partners and, therefore, would not be entering into
negotiations with Monarch.

     On June 22, 2006, Ben Farahi, as the sole managing member of Western,
filed Articles of Dissolution with the Secretary of State of the State of
Nevada with respect to Western, which beneficially owned 91,902 Units. On June
30, 2006, the Articles of Dissolution were challenged by Ben Farahi's
brothers, each of whom owns a one-third interest in Western. In the event that
Western has been properly dissolved, Ben Farahi beneficially owns one-third of
the Units formerly owned by Western, constituting 30,634 Units, based on his
ownership of a one-third interest in Western. If, alternatively, the
dissolution issue is considered to be unresolved, Ben Farahi disclaims
beneficial ownership of two-thirds of the Units owned by Western pursuant to
Rule 13d-4 promulgated under the Securities Exchange Act of 1934, as amended.
In either of these events, Ben Farahi owned an aggregate of 49,797 Units,
representing 27.5% of the outstanding Units as of December 31, 2007. In the
event that it is eventually determined under Nevada law that Ben Farahi's
brothers control Western's actions, on the other hand, it is possible,
although unlikely, they would control 91,902 Units on behalf of Western,
constituting a 50.8% majority interest in the Partnership's outstanding Units.
In such event, they could remove and replace the General Partner and control
whether, and on what terms, the Sierra Property is sold. Ben Farahi is no
longer acting in concert with, or considered for securities law purposes to be
part of a "group" with, either of his brothers with respect to his ownership
of Units. On March 28, 2007, Ben Farahi, as the sole managing member of
Western, took the action of transferring 95%, or 87,306, of Western's Units to
each of the three members proportionately. Such transfers were made effective
April 1, 2007. As a result of these transfers, Western owned 4,596 Units, or
approximately 2.5%, of the Partnership's outstanding Units, Ben Farahi
individually owned 49,797 Units, or 27.5%, and John Farahi and Bob Farahi each
individually owned 30,634 Units, or 16.9%, of the Partnership's outstanding
Units as of December 31, 2007.

     On June 6, 2006, Ben Farahi, acting in his individual capacity, commenced
a tender offer to purchase up to 65,000 Units for $140 per Unit in cash. The
tender offer was set to expire on July 6, 2006. However, the tender offer was
extended and subsequently expired on August 29, 2006. Mr. Farahi acquired
8,821 Units as a result of this tender offer.

     On April 14, 2006, a distribution of $2.50 per Unit was paid to limited
partners of record as of the close of business on March 31, 2006, and
affiliates of the Partnership, including the General Partner, received an
aggregate of $267,209 from this distribution. No distributions were made for
the fiscal year ended December 31, 2007.

     During 2006, the Partnership paid $50,000 in consulting fees to the
General Partner for work related to the Sierra Property's zoning change
application that was approved by the City of Reno in January 2006.

     The Partnership demolished and rebuilt some parts of the Sierra Property
and may remodel, demolish and renovate other parts, of the Sierra Property
(the "Renovation") in an attempt to improve the financial viability of the
Sierra Property. As part of the Renovation, a portion of the shopping center
previously occupied by an anchor tenant was demolished for the purpose of
creating in its place a new driveway (and traffic signal) directly between the
Sierra Property and the Adjacent Property. The Adjacent Property entered into
a lease with the Partnership for a section of the Sierra Property (including

                                    -19-



the new driveway). The Adjacent Property has a minimum lease term of 15 years
at a monthly rent of $25,000, subject to increases every 60 months based on
the Consumer Price Index. The Adjacent Property also uses part of the common
area of the Sierra Property and pays its proportionate share of the common
area expense of the Sierra Property. The Adjacent Property has the option to
renew the lease for three five-year terms, and, at the end of the extension
periods, has the option to purchase the leased section of the Sierra Property
at a price to be determined based on an MAI Appraisal.

     As part of the driveway lease, Monarch, the owner of the Adjacent
Property, has reserved the gaming rights associated with the Sierra Property
for the initial five-year term, or until September 30, 2009. Before the end of
the initial five-year term, Monarch may purchase an extension of the gaming
restriction within the Sierra Property at a price to be determined based on an
MAI Appraisal. Monarch has indicated that it will likely purchase such
extension. The Partnership believes that such extension has substantial value
and will be one of the determining factors in how the Sierra Property will be
redeveloped. The Partnership continues to market the Sierra Property to
potential tenants.

     In addition to the driveway lease, the Adjacent Property is currently
leasing approximately 19,524 square feet of office and storage space at the
Sierra Property and is paying approximately $16,900 per month in rent plus
common area expenses for such spaces. The Adjacent Property has given the
Partnership a notice to vacate 18,225 square feet of the office and storage
space it is currently leasing; the Adjacent Property will vacate these spaces
no later than June 30, 2008. The Adjacent Property is also leasing sign space
at the Sierra Property for $1,060 per month.

     In June 2007, the Adjacent Property began leasing a portion of the
parking lot at the Sierra Property consisting of a total of approximately 276
parking spaces for a monthly fee of $25,000. Effective November 4, 2007, this
month-to-month lease was amended reducing the number of parking spaces leased
to 125 and reducing the monthly rent to $17,500.

     The Partnership received $660,762 and $473,980 in rental revenue and
common area charges from the Adjacent Property during 2007 and 2006,
respectively, for the driveway and the leased spaces.

     Accounting rules define transactions with related parties as transactions
which are not arms-length in nature and, therefore, may not represent fair
market value.

     See Note 1.


Compensation of the General Partner

     The General Partner is the manager of the Sierra Property. The General
Partner received $112,788 and $111,797 for the years ended December 31, 2007,
and 2006, respectively for such management services; included in these amounts
is three percent of the monthly interest earned on the Partnership's cash in
savings and money market accounts, which the Partnership began paying to the
General Partner in 2006. Also, pursuant to the Amended LP Agreement, the
General Partner is entitled to receive 2.5% of the Partnership's income, loss,
capital and distributions, including without limitation the Partnership's cash
flow from operations, disposition proceeds and net sale or refinancing
proceeds. Accordingly, for the year ended December 31, 2007, the General
Partner was allocated $19,902 of income.

     Also pursuant to the Amended LP Agreement, the General Partner shall
receive mortgage placement fees for services rendered in connection with the
Partnership's mortgage loans. These fees may not exceed such compensation
customarily charged in arm's-length transactions by others rendering similar
services as an ongoing public activity in the same geographical location for
comparable mortgage loans. The General Partner is entitled to certain fees for
compensation of services rendered; these include acquisition fees in an amount
equal to 2% of the price of such acquired fixed assets, refinancing fees equal
to the lesser of 1% of the refinancing proceeds of the related fixed asset or

                                    -20-



fees which are competitive for similar services in the geographical area where
the fixed asset is located, development fees equal to 10% of the total
development cost, construction fees equal to 10% of the total cost of
development of a fixed asset of the Partnership, and guarantee fees for any
guarantees the General Partner may provide in order for the Partnership to
secure indebtedness for a fee that is competitive with guarantee fees of
similar nature. The General Partner may also be compensated for property
management services in amounts to be equal to the lesser of (a) fees which are
competitive for similar services in the same geographical area or (b)(i) 5% of
the gross revenues with respect to residential properties or (ii) 6% of
revenues with respect to industrial and commercial properties or (iii) 1% of
gross revenues with respect to industrial and commercial properties which are
leased on a long-term net basis (except for a one-time initial leasing fee of
3% of gross revenues). The General Partner may also receive real estate
commissions from the Partnership for real estate brokerage services for
properties acquired upon foreclosure of mortgage loans or fixed assets of the
Partnership, the fees for which shall not exceed the lesser of (i) a
percentage of the gross sales price of a fixed asset of the Partnership equal
to one-half of brokerage fees which are customary, competitive and
reasonable or (ii) 3% of the gross sales price of such fixed asset. Insurance
commissions may also be paid to insurance agencies affiliated with the General
Partner so long as conditions to the General Partner's purchase of insurance
brokerage services from an affiliate are met.

     The General Partner did not earn any development fees during 2007 or
2006.

     On April 14, 2006, a distribution of $2.50 per Unit was paid to limited
partners of record as of the close of business on March 31, 2006, and
affiliates of the Partnership, including the General Partner, received an
aggregate of $267,209 from this distribution.

     During 2006, the Partnership paid $50,000 in consulting fees to the
General Partner for work related to the Sierra Property's zoning change
application that was approved by the City of Reno in January 2006.


NOTE 4. REAL ESTATE

     The Partnership's real estate is summarized as follows:

                                December 31,        December 31,
                                    2007                2006
                                ------------        ------------
Land........................... $  3,198,574        $  3,198,574
Building and improvements......   12,387,906          12,387,906
                                ------------        ------------
                                  15,586,480          15,586,480
Impairment.....................     (318,836)                 -
                                ------------        ------------
                                  15,267,644          15,586,480
Accumulated depreciation.......   (2,185,519)         (1,799,036)
                                ------------        ------------
                                $ 13,082,125        $ 13,787,444
                                ============        ============

     The land, buildings and improvements that constitute the Partnership's
fixed assets were acquired in lieu of foreclosure on a mortgage note
receivable to the Partnership, which was collateralized by such fixed assets.

     In March 2006, the space previously occupied by an anchor tenant was
broken into and vandalized resulting in damage in excess of $200,000. The
Partnership filed an insurance claim on the loss and, in 2007, received
$161,001 in settlement proceeds from the insurance company. During the first
quarter of 2007, the Partnership took an impairment in the amount of $234,945
on the Sierra Property while it evaluates repair and lease options for the
damaged space. In March 2007, a vacant space at the Sierra Property was
vandalized resulting in damage in excess of $83,000. The Partnership filed an


                                    -21-



insurance claim on the loss and, in August 2007, received $47,594 in
settlement proceeds from the insurance company. The Partnership took an
impairment of $83,890 during the third quarter of 2007. The Partnership has
increased its security measures at the Sierra Property.


NOTE 5. MINIMUM FUTURE RENTAL REVENUES

     The Partnership leases office space to various tenants under a variety of
terms, including escalation provisions, renewal options and obligations of the
tenants to reimburse operating expenses.

     The aggregate future minimum fixed lease payments receivable under
noncancellable leases at December 31, 2007, are as follows:

          2008 .......... $   696,282
          2009 ..........     391,637
          2010 ..........     359,598
          2011 ..........     359,598
          2012 ..........     302,483
          Thereafter ....   2,025,000
                          -----------
                          $ 4,134,598
                          ===========














































                                    -22-




NOTE 6. RECONCILIATION OF NET INCOME AND NET ASSETS PER FINANCIAL STATEMENTS
        TO TAX BASIS

     A reconciliation of net income per financial statements to the tax basis
of accounting is as follows:

<TABLE>
<CAPTION>
                                         Year ended December 31,
                                       --------------------------
                                            2007         2006
                                       ------------- ------------
<S>                                    <C>           <C>
Net income per financial statements    $    796,078  $   629,763
Reconciliation of net income per books
  to tax basis accounting:
     Depreciation                           135,073      166,220
     Prepaid rent                            (8,508)      (6,323)
     Other tax adjustments                      961           -
                                       ------------- ------------
Net income per tax basis               $    923,604  $   789,660
                                       ============= ============
</TABLE>


     The differences between the Partnership's net assets per financial
statements and tax basis of accounting are as follows:

<TABLE>
<CAPTION>
                                         Year ended December 31,
                                       --------------------------
                                            2007         2006
                                       ------------- ------------
<S>                                    <C>           <C>
Net assets per financial statements    $ 21,733,557  $ 20,937,479
Reconciliation of net assets per books
  to tax basis accounting:
     Tax basis in property                1,067,195       624,975
     Accumulated depreciation               262,812       488,745
     Prepaid rent                             4,374        12,882
Syndication costs                         2,230,944     2,230,944
Other tax adjustments                        10,085        10,085
                                       ------------- ------------
Net assets per tax basis               $ 25,308,967  $ 24,305,110
                                       ============= ============
</TABLE>


NOTE 7. LITIGATION

     None.


NOTE 8. SUBSEQUENT EVENTS

     On December 17, 2007, Mr. Ben Farahi, acting in his individual capacity,
commenced a tender offer (the "Offer") to purchase up to 20,000 Units at a
price of $165 per Unit. The Offer was originally scheduled to expire on
January 30, 2008. The maximum number of Units to be purchased was increased to
25,000 and the Offer was extended until February 28, 2008, and expired on such
date. The Offer resulted in the tender by limited partners, and purchase by
Mr. Farahi, of 8,268 Units. As a result of such purchases, Mr. Farahi
beneficially owns 58,065 Units, constituting approximately 32.1% of the
outstanding Units, in addition to 61,268 Units of which he disclaims
beneficial ownership.



                                     -23-



ITEM 8. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND
        FINANCIAL DISCLOSURE

     None.


ITEM 8A. CONTROLS AND PROCEDURES

Evaluation of Disclosure Controls and Procedures

     Based on an evaluation under the supervision and with the participation
of our management, our principal executive officer and principal financial
officer have concluded that our disclosure controls and procedures as defined
in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as
amended ("Exchange Act") were effective as of December 31, 2007 to ensure that
information required to be disclosed in reports that are filed or submitted
under the Exchange Act is (i) recorded, processed, summarized and reported
within the time periods specified in the Securities and Exchange Commission
rules and forms and (ii) accumulated and communicated to our management,
including our principal executive officer and principal financial officer, as
appropriate to allow timely decisions regarding required disclosure.

Inherent Limitations Over Internal Controls

     Our internal control over financial reporting is designed to provide
reasonable assurance regarding the reliability of financial reporting and the
preparation of financial statements for external purposes in accordance with
generally accepted accounting principles. Our internal control over financial
reporting includes those policies and procedures that: (i) pertain to the
maintenance of records that, in reasonable detail, accurately and fairly
reflect the transactions and dispositions of our assets; (ii) provide
reasonable assurance that transactions are recorded as necessary to permit
preparation of financial statements in accordance with generally accepted
accounting principles, and that receipts and expenditures are being made only
in accordance with authorizations of management and directors; and (iii)
provide reasonable assurance regarding prevention or timely detection of
unauthorized acquisition, use, or disposition of assets that could have a
material effect on the financial statements.

     Management, including the manager of our general partner, does not expect
that our internal controls will prevent or detect all errors and all fraud. A
control system, no matter how well designed and operated, can provide only
reasonable, not absolute, assurance that the objectives of the control system
are met. Further, the design of a control system must reflect the fact that
there are resource constraints, and the benefits of controls must be
considered relative to their costs. Because of the inherent limitations in all
control systems, no evaluation of internal controls can provide absolute
assurance that all control issues and instances of fraud, if any, have been
detected. Also, any evaluation of the effectiveness of controls in future
periods are subject to the risk that those internal controls may become
inadequate because of changes in business conditions, or that the degree of
compliance with the policies or procedures may deteriorate.

Management's Annual Report on Internal Control over Financial Reporting

     Our management is responsible for establishing and maintaining adequate
internal control over financial reporting (as defined in Rule 13a-15(f) under
the Securities Exchange Act of 1934, as amended). Management conducted an
evaluation of the effectiveness of our internal control over financial
reporting based on the criteria set forth in Internal Control-Integrated
Framework issued by the Committee of Sponsoring Organizations of the Treadway
Commission ("COSO"). Based on this evaluation, management has concluded that
our internal control over financial reporting was effective as of December 31,
2007.

     Additionally, there were no changes in our internal controls that could
materially affect the disclosure controls and procedures subsequent to the
date of their evaluation, nor were there any significant deficiencies or
material weaknesses in our internal controls.

                                    -24-



     This annual report does not contain an attestation report of the
Partnership's registered public accounting firm regarding internal control
over financial reporting. Management's report was not subject to attestation
by the Partnership's registered public accounting firm pursuant to temporary
rules of the Securities and Exchange Commission that permit the Partnership to
provide only management's report in this annual report.


                                   PART III

ITEM 9. DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND CONTROL PERSONS;
        COMPLIANCE WITH SECTION 16(a) OF THE EXCHANGE ACT.

     The Partnership has no officers or directors. The General Partner, Maxum
LLC, a Nevada limited liability company, has managed and controlled
substantially all of Partnership's affairs and has general responsibility and
ultimate authority in all matters affecting its business. Mr. Ben Farahi has
been the sole manager of the General Partner since its formation in 2001 and,
as such, exercises the powers associated with the board of directors and
executive officers of a corporation.

     Mr. Farahi, age 55, was, until May 26, 2006, Co-Chairman of the Board,
Chief Financial Officer, Secretary, and Treasurer of Monarch Casino & Resort,
Inc. which, through its wholly-owned subsidiary Golden Road Motor Inn, Inc., a
Nevada company, owns and operates the tropically themed Atlantis Casino Resort
in Reno, Nevada. Since September 1, 1978, Mr. Farahi has been a partner in
Farahi Investment Company, which is involved in real estate investment and
development. Mr. Farahi is also the Manager of the General Partner. Mr. Farahi
holds a mechanical engineering degree from the University of California at
Berkeley and a MBA degree in accounting from the California State University,
Hayward.

     Although the Partnership does not have a board of directors or,
accordingly, an audit committee, Mr. Farahi, as the managing member of the
General Partner, qualifies as a "financial expert" as defined by the
Securities and Exchange Commission in accordance with the Sarbanes-Oxley Act
of 2002.


ITEM 10. EXECUTIVE COMPENSATION

     Under the Partnership's partnership agreement, the General Partner is
entitled to receive 2.5% of the Partnership's income, loss, capital and
distributions, including without limitation the Partnership's cash flow from
operations and disposition proceeds. For the fiscal year ended December 31,
2007, the General Partner was allocated an aggregate of $19,902 of taxable
income from the Partnership. See "Item 12. Certain Relationships and Related
Transactions" for information regarding amounts paid to affiliates of the
General Partner by the Partnership for services provided by them in fiscal
year 2007. The General Partner is the manager of the Sierra Property and
received $112,788 in 2007 for such management services; included in these
amounts is three percent of the monthly interest earned on the Partnership's
cash in savings and money market accounts, which the Partnership began paying
to the General Partner in 2006. Also, pursuant to the Amended LP Agreement,
the General Partner may receive development fees from the Partnership but did
not earn any such development fees in 2007 or 2006.














                                    -25-



ITEM 11. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
         AND RELATED STOCKHOLDER MATTERS

     (a)  Security Ownership of Certain Beneficial Owners.

     Except as set forth below, no person or group is known by the Partnership
to be the beneficial owner of more than 5% of the outstanding Units at March
10, 2007:

<TABLE>
<CAPTION>
                                           Number of         % of
Name of Beneficial owners                  Units Owned       Class
---------------------------------------------------------------------
<S>                                        <C>               <C>
Western Real Estate Investments, LLC(1)(3)  4,596(3)          2.5%
Ben Farahi(2)(3)                           58,145(3)         32.1%
John Farahi(3)(4)                          30,634(3)         16.9%
Bob Farahi(3)(5)                           30,634(3)         16.9%
</TABLE>
       (1) The principal business address of Western, an affiliate of the
           General Partner, is 3650 S. Virginia St., Unit K2, Reno, Nevada
           89502.
       (2) Mr. Ben Farahi's principal business address is 3650 S. Virginia St.
           Street, Unit K2, Reno, Nevada 89502.
       (3) On June 22, 2006, Ben Farahi, as the sole managing member of
           Western, filed Articles of Dissolution with the Secretary of State
           of the State of Nevada with respect to Western, which beneficially
           owned 91,902 Units. On June 30, 2006, the Articles of Dissolution
           were challenged by Ben Farahi's brothers, each of whom owns a one-
           third interest in Western. In the event that Western has been
           properly dissolved, Ben Farahi beneficially owns one-third of the
           Units formerly owned by Western, constituting 30,634 Units, based
           on his ownership of a one-third interest in Western. If,
           alternatively, the dissolution issue is considered to be
           unresolved, Ben Farahi disclaims beneficial ownership of two-thirds
           of the Units owned by Western pursuant to Rule 13d-4 promulgated
           under the Securities Exchange Act of 1934, as amended. In either of
           these events, Ben Farahi owns an aggregate of 58,065 Units,
           representing 32.1% of the outstanding Units. In the event that it
           is eventually determined under Nevada law that Ben Farahi's
           brothers control Western's actions, on the other hand, it is
           possible, although unlikely, they would control 91,902 Units on
           behalf of Western, constituting a 50.8% majority interest in the
           Partnership's outstanding Units. In such event, they could remove
           and replace the General Partner and control whether, and on what
           terms, the Sierra Property is sold. Ben Farahi is no longer acting
           in concert with, or considered for securities law purposes to be
           part of a "group" with, either of his brothers with respect to his
           ownership of Units. On March 28, 2007, Ben Farahi, as the sole
           managing member of Western, took the action of transferring 95%, or
           87,306, of Western's Units to each of the three members
           proportionately. Such transfers were made effective April 1, 2007.
           As a result of these transfers, Western owns 4,596 Units, or
           approximately 2.5%, of the Partnership's outstanding Units, Ben
           Farahi beneficially owns 58,065 Units, or 32.1%, and John Farahi
           and Bob Farahi each beneficially owns 30,634, or 16.9%, of the
           Partnership's outstanding Units as of March 10, 2008.
       (4) Mr. John Farahi's principal business address is 3800 S. Virginia
           St., Reno, Nevada 89502.
       (5) Mr. Bob Farahi's principal business address is 3650 S. Virginia
           St., Unit K2, Reno, NV 89502.

     (b)  Security Ownership of Management.

     At March 10, 2008, neither the General Partner nor its members, manager
or affiliates owned any Units except as indicated in (a) above.



                                    -26-



     (c)  Changes in Control.

     There exists no arrangement known to the Partnership the operation of
which may at a subsequent date result in a change in control of the
Partnership.


ITEM 12. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

     See 'NOTE 3. CONFLICTS OF INTEREST AND TRANSACTIONS WITH RELATED PARTIES'
in Item 7.


ITEM 13. EXHIBITS

     The Exhibits listed on the accompanying Index to Exhibits are filed as
part of this Annual Report and incorporated in this Annual Report as set forth
in said Index.


ITEM 14. PRINCIPAL ACCOUNTANT FEES AND SERVICES

     The General Partner has appointed Mark Bailey & Co., Ltd. ("Mark Bailey &
Co.") as independent auditors to audit the consolidated financial statements
of the Partnership for 2007.

Audit Fees. The Partnership has agreed to pay Mark Bailey & Co. audit fees of
approximately $20,000 for the year ended December 31, 2007, and paid Mark
Bailey & Co. $20,000 in audit fees for the year ended December 31, 2006.

Audit Related Fees. The Partnership has agreed to pay audit related fees in
the amount of $12,000 to Mark Bailey & Co. for the year ended December 31,
2007 and paid $8,000 in audit related fees to Mark Bailey & Co. for the year
ended December 31, 2006.

Tax Fees. The Partnership has agreed to pay Mark Bailey & Co. fees for tax
services of approximately $5,500 for the year ended December 31, 2007, and
paid Mark Bailey & Co. $5,500 for tax services for the year ended December 31,
2006.

Other Fees. The Partnership did not pay any other fees to Mark Bailey & Co.
for the years ended December 31, 2007 or 2006.




























                                     -27-



                                  SIGNATURES

     In accordance with Section 13 or 15(d) of the Exchange Act, the
Registrant caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.


BIGGEST LITTLE INVESTMENTS L.P.

By:  MAXUM LLC
     General Partner


By:  /s/ Ben Farahi                                       Date
     --------------
         Ben Farahi, Manager                              March 24, 2008

     In accordance with the requirements of the Exchange Act, this report has
been signed below by the following persons on behalf of the Registrant and in
the capacities and on the dates indicated.

     Signature                    Title                   Date

     /s/ Ben Farahi             Manager of                March 24, 2008
     --------------         the General Partner
         Ben Farahi












































                                    -28-



                                EXHIBIT INDEX

<TABLE>
<CAPTION>
                                                                  Page
Exhibit   Description                                             Number
-------   -----------                                             ------
<S>       <C>                                                     <C>

2.        General and Limited Partner Interest Assignment
          Agreement, dated as of October 10, 2001, between
          Maxum LLC, Western Real Estate Investments, LLC,
          RAM Funding, Inc., Presidio AGP Corp., Presidio
          Capital Investment Company LLC, Presidio
          Partnership II Corp. and Bighorn Associates LLC
          (incorporated by reference to Exhibit 2.1 of the
          Partnership's Current Report on Form 8-K dated
          January 25, 2002).

3.

  (A)     Certificate of Limited Partnership filed on August
          14, 1986 with the State of Delaware (incorporated
          by reference to Exhibit 3B to Pre-Effective
          Amendment No. 1 to Registration Statement filed by
          the Partnership with the Securities and Exchange
          Commission on May 14, 1987 (the "Pre-Effective
          Amendment")).

  (B)     Amendment to Certificate of Limited Partnership
          filed on March 12, 1987 with the State of Delaware
          (incorporated by reference to the Pre-Effective
          Amendment).

  (C)     Amendment to Certificate of Limited Partnership
          filed on May 7, 1987 with the State of Delaware
          (incorporated by reference to the Pre-Effective
          Amendment).

  (D)     Amendment to Certificate of Limited Partnership
          filed on February 5, 1988 with the State of
          Delaware (incorporated by reference to Post-
          Effective Amendment No. 2 to Registration Statement
          filed by the Partnership with the Securities and
          Exchange Commission in 1988 ("Post-Effective
          Amendment No. 2")).

  (E)     Certificate of Amendment to Certificate of Limited
          Partnership dated as of January 1, 2002, filed on
          January 29, 2002 with the State of Delaware
          (incorporated by reference to Exhibit 3(e) to the
          Partnership's Form 10-KSB filed with the Securities
          and Exchange Commission on March 29, 2002 (the
          "2001 Form 10-KSB").

  (F)     Certificate of Amendment to Certificate of Limited
          Partnership filed on November 9, 2003 with the State
          of Delaware (incorporated by reference to Exhibit
          3(F) to the Partnership's Form 10-KSB filed with the
          Securities and Exchange Commission on March 26, 2004
          (the "2003 Form 10-KSB").

4.

  (A)     Amendment No. 1 to Second Amended and Restated
          Limited Partnership Agreement of Biggest Little
          Investments, L.P. is filed herewith as Exhibit
          4(A).                                                             32


                                     -29-



  (B)     Second Amended and Restated Limited Partnership
          Agreement of the Partnership (incorporated by
          reference to Exhibit 4A to the Partnership's
          Current Report on Form 8-K filed with the
          Securities and Exchange Commission on October 10,
          2003.

  (C)     Amended and Restated Agreement of Limited
          Partnership of the Partnership (incorporated by
          reference to Exhibit 3A to  Post-Effective
          Amendment No. 2).

  (D)     Amendment No. 1 to Amended and Restated Partnership
          Agreement dated as of June 1, 1988 (incorporated by
          reference to Exhibit 4(B) of the Partnership's
          Annual Report on Form 10-K for the fiscal year 1988
          (the "1988 10-K")).

  (E)     Amendment No. 2 to Amended and Restated Partnership
          Agreement (incorporated by reference to Supplement
          No. 1 dated August 12, 1988 to the Prospectus filed
          by the Partnership with the Securities and Exchange
          Commission pursuant to Rules 424(b)(3) and 424(c)
          of the Securities Act of 1933).

  (F)     Amendment to Amended and Restated Agreement of
          Limited Partnership dated as of January 1, 2002.
          (incorporated by reference to Exhibit 4(D) of the
          2001 Form 10-KSB).

  (G)     Amendment to Amended and Restated Agreement of
          Limited Partnership dated as of January 1, 2002
          (incorporated by reference to Exhibit 4(E) of the
          2001 Form 10-KSB).

10.

  (A)     Deed of Trust, Assignment of Rents, Fixture Filing
          and Security Agreement among High Cash Partners,
          L.P., Trustee; First Commercial Title, Inc.,
          Trustee; and Resources Accrued Mortgage Investors
          2, L.P., Beneficiary, dated February 10, 1989
          (incorporated by reference to Exhibit 10(a) to the
          Partnership's Current Report on Form 8-K filed
          with the Securities and Exchange Commission dated
          February 13, 1989 (the "1989 Form 8-K").

  (B)     Registered Note among High Cash Partners, L.P. and
          Resources Accrued Mortgage Investors 2, L.P., dated
          February 10, 1989 (incorporated by reference to
          Exhibit 10(b) to the 1989 Form 8-K).

  (C)     Assignment of Leases and Rents among High Cash
          Partners, L.P. and Resources Accrued Mortgage
          Investors 2, L.P., dated February 10, 1989
          (incorporated by reference to Exhibit 10(c) to the
          1989 Form 8-K).

  (D)     Modification Agreement, dated as of December 21,
          2000, between High Cash Partners, L.P. and
          Resources Accrued Mortgage Investors 2, L.P.
          (incorporated by reference to Exhibit 10 to the
          Partnership's Current Report on Form 8-K filed
          with the Securities and Exchange Commission dated
          February 9, 2001).

31.       Certification pursuant to Section 302 of the
          Sarbanes-Oxley Act of 2002                                        35


                                     -30-



32.       Certification pursuant to Section 906 of the
          Sarbanes-Oxley Act of 2002.                                       36
</TABLE>



































































                                     -31-



                                                                  EXHIBIT 4(A)


                              AMENDMENT NO. 1 TO
           SECOND AMENDED AND RESTATED LIMITED PARTNERSHIP AGREEMENT
                     OF BIGGEST LITTLE INVESTMENTS, L.P.

     This Amendment No. 1 to Second Amended and Restated Limited Partnership
Agreement (this "Amendment") of Biggest Little Investments, L.P., a Nevada
limited partnership (the "Partnership"), is executed as of the 1st day of
September, 2005 (the "Effective Date") and is adopted, ratified and agreed to
by Maxum LLC, a Nevada limited liability company and the sole general partner
of the Partnership (the "General Partner").

                                    RECITALS

     A. Section 14.2.20 of the Partnership's Second Amended and Restated
Limited Partnership Agreement (the "LP Agreement") (all capitalized terms not
otherwise defined herein shall have the meanings ascribed to them in the LP
Agreement, the applicable provisions of which are incorporated herein by this
reference) provides that the LP Agreement may be amended by the General
Partner from time to time without the consent of the limited partners.

     B. Affiliates of the General Partner own a majority of the outstanding
units of limited partnership interest in the Partnership (the "Units").

     C. The General Partner now desires to amend the LP Agreement to provide
for a right of first refusal with respect to certain proposed transfers of
Units to be granted to the General Partner and its Affiliates and for the
Partnership to waive all transfer fees upon any exercise of such right.

     D.The General Partner believes that the right of first refusal will
reduce the Partnership's administrative costs and, accordingly, is in the best
interests of the Partnership and its Partners.

                                   AGREEMENT

     1. Recitals.  The recitals to this Amendment are expressly incorporated
herein by this reference.

     2. Section 11.3.   Section 11.3 of the LP Agreement is hereby amended by
adding the following thereto:

     "(c) Right of First Refusal.

        (i) If any Limited Partner or, upon any Limited Partners' death,
        incompetency, bankruptcy, withdrawal or dissolution, such Limited
        Partner's trustee or receiver, desires to sell any of such Limited
        Partner's Units (a "Selling LP") to a party which is not then a
        Limited Partner, then the Selling LP will give notice (the "Sales
        Notice") to the Partnership setting forth all terms and conditions of
        the proposed sale (including, without limitation, the sales price, the
        number of Units to be sold and the identity and address of the
        proposed purchaser).  Copies of all documentation relating to the
        proposed sale must be attached to such notice.

        (ii) During a period of 30 days following the Partnership's receipt of
        a Sales Notice, the General Partner and/or its Affiliates will have
        the option to purchase all of the Units proposed to be sold by the
        Selling LP.

                                    -32-



        (iii) All purchases under this Section 11.3(c) must be made for the
        price and upon the terms set forth in the Sales Notice.

        (iv) If the option granted under this Section 11.3(c) is not
        exercised in the manner required under this Agreement, then the Units
        may be transferred to the transferee named in the Sales Notice;
        provided that the Units are transferred in accordance with the terms
        of said Sales Notice within 60 days following the expiration of the
        30-day period referred to in Section 11.3(c)(ii).  The purchasing
        party and the Selling LP or the Selling LP's trustee or receiver will
        execute such documents designated by the Partnership's attorney as are
        necessary or appropriate to evidence or effectuate such sale.  If the
        Units are not transferred within 60 days then the Units will become
        subject to this Section 11.3(c) again.

        (v) For any option granted under this Agreement, the General Partner
        and/or its Affiliates must in the aggregate exercise the option to
        purchase all of the Units offered by the Selling LP or forfeit that
        option.

        (vi) Notwithstanding anything to the contrary contained in this
        Agreement, to the extent that any of the Selling LP's Units are
        transferred to the General Partner and/or its Affiliates pursuant to
        this Section 11.3(c), the Partnership shall waive any fees otherwise
        payable by the Selling LP in connection with such transfer.

     3. Modification.  Except as this Amendment specifically provides
otherwise, all terms and provisions of the LP Agreement remain in full force
and effect without change, modification or deletion.

     4. Miscellaneous.

     (a) This Amendment shall be binding upon the Partners and their
respective successors, assigns, heirs, devisees, legal representatives,
executors and administrators.

     (b) The laws of the State of Nevada shall govern this Amendment,
excluding any conflict of laws rules.

     (c) The headings in this Amendment are inserted for convenience and
identification only and are in no way intended to describe, interpret, define
or limit the scope, extent or intent of this Amendment or any of its
provision.

     (d) All pronouns used in this Amendment shall be deemed to refer to the
masculine, feminine or neuter, singular or plural, as the identity of the
person or persons may require.

















                                    -33-



     The General Partner, pursuant to Section 14.2.20 of the LP Agreement, has
executed this Amendment as of the date first above written.

                                                MAXUM LLC

                                                By:    Ben Farahi
                                                   --------------
                                                Name:  Ben Farahi
                                                Title: Manager




























































                                    -34-



                                                                    EXHIBIT 31

   CERTIFICATION PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Ben Farahi, certify that:

     1. I have reviewed this annual report on Form 10-KSB of Biggest Little
Investments L.P.;

     2. Based on my knowledge, this annual report does not contain any
untrue statement of a material fact or omit to state a material fact necessary
to make the statements made, in light of the circumstances under which such
statements were made, not misleading with respect to the period covered by
this annual report;

     3. Based on my knowledge, the financial statements, and other financial
information included in this annual report, fairly present in all material
respects the financial condition, results of operations and cash flows of the
small business issuer as of, and for, the periods presented in this annual
report;

     4. I am responsible for establishing and maintaining disclosure controls
and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for
the small business issuer and I have:

         a) designed such disclosure controls and procedures or caused such
            disclosure controls and procedures to be designed, under my
            supervision, to ensure that material information relating to the
            small business issuer is made known to me, particularly during the
            period in which this annual report is being prepared:

         b) evaluated the effectiveness of the small business issuer's
            disclosure controls and procedures and presented in this report my
            conclusions about the effectiveness of the disclosure controls and
            procedures, as of the end of the period covered by this annual
            report based on such evaluation; and

         c) disclosed in this annual report any change in the small business
            issuer's internal control over financial reporting that occurred
            during the small business issuer's most recent fiscal year that
            has materially affected, or is reasonably likely to materially
            affect, the small business issuer's internal control over
            financial reporting; and

     5. I have disclosed, based on my most recent evaluation of internal
control over financial reporting to the small business issuer's auditors:

         a) all significant deficiencies and material weaknesses in the design
            or operation of internal control over financial reporting which
            are reasonably likely to adversely affect the small business
            issuer's ability to record, process, summarize and report
            financial information; and

         b) any fraud, whether or not material, that involves management or
            other employees who have a significant role in the small business
            issuer's internal control over financial reporting.



                                          /s/ Ben Farahi
                                          --------------
                                              Ben Farahi
                                              Manager of the General Partner

                                              Date: 3/24/08





                                     -35-



                                                                    Exhibit 32

   CERTIFICATION PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

     In connection with the Annual Report of Biggest Little Investments L.P.
(the "Partnership"), on Form 10-KSB for the fiscal year ended December 31,
2007, as filed with the Securities and Exchange Commission on the date hereof
(the "Report"), the undersigned, in the capacities and on the date indicated
below, hereby certifies pursuant to 18 U.S.C. Section 1350, as adopted
pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that: (1) the
Report fully complies with the requirements of Section 13(a) or 15(d) of the
Securities Exchange Act of 1934; and (2) the information contained in the
Report fairly presents, in all material respects, the financial condition and
results of operations of the Partnership.



Date:  March 24, 2008          /s/ Ben Farahi
                               --------------
                                   Ben Farahi,
                                   Manager of the General Partner

















































                                     -36-

(..continued)