Any recommendations on finding pre foreclosure properties

[Alejandro Sanchez]

I’m looking in purchasing my first home and I’ve been hearing that finding a foreclosure home is the route to go

[John Collins]

@Alejandro Sanchez Short answer is yes. Long answer is if that you're new to this, know that chasing foreclosures is starting off in the more competitive end of the market. Foreclosure volumes have retreated to pre-recession levels - or even lower. But the recession created 1,000s of foreclosure investors...

Go visit a few auctions and get a feel for what competing for a home at the courthouse steps is like. There's 7 scheduled for today at 11:00 AM at 4808 N 22ND ST, STE 100, PHOENIX.

In the long run, your success will be more about what strategies for finding opportunities fit with your skills, motivations, and talents.

For example: I'm a small older guy. I've been told my personality is like Spock. In other words, door-knocking is not my thing. I'm intimidated by it. And my personality does not do me any favors when that door opens. I'm about as engaging as a rock. Cold calling I can deal with, but I don't get too excited for it. Not my thing. A warm call and I'm great.

I'm a data-driven desk jockey. I'm good at that. I love Excel. I'm not intimidated to send direct mail and email. I can out-research most seasoned vets. And write marketing copy as if I worked for David Ogilvy.

Meanwhile I know a relatively new young lady who is very personable. Her smile is infectious. Smaller than I and yet is not intimidated the least bit to drive for dollars and knock on doors. She's doing great.

There's 1,000 ways to find a deal. 100's of lists to start with to attack your market. There are ZERO secrets in this business. 

You will find amazing advice and insights in here, just as you will encounter forumalic uninspired regurgitations or methods that lost their sizzle a decade ago. And I can't reccommed enough that you join a local real estate investor club. Club - be sure it's a club, not a funnel for some investor network. Make friends. Talk to local experts. Most love to help a newbie get started. And that club network will come in handy should you get your first fish on hook.

Hard, persistent, process-driven work wins. Find what aspects of that toil gets you motivated, fits your talents and you will do awesome. Even if your talent is a big smile, or the ability to listen. That's about all you need.