All Forum Posts by: Joseph Ball

I started buying Central Florida properties wholesale, for others, about two years ago.
Most were around 30-40 cents on the dollar.
Over the past two years, I have bought over 110 houses - 68 last year alone.
The clients I purchased for are seeing 100% returns now. Properties I bought for them 18 months ago are now double in price. That is because we bought right.
The method I used has become obsolete. I am now using a new method.
My point is this: The market is dynamic, and it changes from city to city.
In my opinion, you must constantly watch the market, and be ready to change immediately. You must look at change as opportunity - never threat.
Right now, I see Central Florida price increases in all the cities where I buy. This doesn't mean it isn't time to buy. It is simply time to be more careful in what you buy. Don't expect you can buy as you have bought before.
We have seen a very easy buying period, for two years, in Central Florida.
We are seeing growing values, largely affected by foreign money.
This is the time to change your strategy, accept change, and move fast.
My opinion...

[b]Hi Todd!
Great reply. I would add, "You have to have a story".
When I posted, "I just bought two houses for 30 cents on the dollar", I received many new buyers.
When I posted "I bought 68 houses last year", my list grew exponentially.
It may be difficult to start without a story, so I would say, "Go do something. Then you have a story". Then tell your story.
Joe Ball

A friend, with a smartphone said, "Tell me two things you need that a smartphone provides, that you don't have."
I couldn't name one.
I asked her how much more monthly her smartphone costs. She said $30 additional per month.
I'm staying with my dumbphone. Text and phone are all I need.

Did you ever offer a review on Susan Lassiter-Lyons course on REO's? I think it costs $95? I have purchased many courses, and I am a serious full-time investor, but I am cautious about buying now. What did you think?