Hi! From Central California. Lemoore

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My name is Rick, I hold a fulltime job but in my spare time I look for good real estate deals. At this point in time I am Looking pretty closely at REO's and I am "trolling" for my next project. Foreclosures are on the rise in this area as I am sure they are in many others.

I have been doing real estate investing since about 2003 and I've had some pretty good luck so far. It has been a roller coaster ride at some points but with the support of my wife, I'm still here and have clearly learned that real esate is the way to financial freedom. I'm not there, yet but I know I can get there.
In the past I have picked up and flipped a pre-foreclosure (this was my first deal) with no money out of my pocket, re-habbed an REO and kept it as a rental, purchased 4 SFR and flipped them for a pretty good profit. I've purchased property at tax auctions, "online" and sold them for a pretty decent profit. I have lost money though too, I purchased two properties accross country (in Ohio) from an online auction. I could not establish contacts to re-hab them and manage them so I had to sell them at a loss. I sold them for 10K each when I payed 14K for each one. But I learned a lot.
I am here because I don't know it all, and I'd like to learn more. Knowledge is Gold in this business, I can share my experiences and visa versa. Maybe we can all learn from each other.
Thank you for taking me in as a member.
Sincerely,
Rick R.