San Diego Condo Foreclosures

[Matthew McMenamin]

I'm hoping to start a discussion on the best methods to approach San Diego foreclosures and/or pre-forclosures. I think there could be great opportunity in approaching distressed/motivated sellers who want to get out of their condos. This substantially limits risk as there is probably nothing wrong "inside the walls." Any renovations will probably be limited strictly to cosmetic refreshes. 

So, how do I find these properties? I found Propstream to be somewhat inaccurate in other markets. Should I go straight to the county assessor? Approach owners directly who have substantial tax liens on their property?

[Joe Homs]

@Matthew McMenamin in San Diego I use Property Radar for this information.  Don't be fooled as to the condition of these homes.  They are mostly distressed.  If they were not then they would sell on the open market.  It's also a very competitive market.

Good Investing...