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All Forum Posts by: N/A N/A

N/A N/A has started 2 posts and replied 27 times.

Post: It gets eisier after the first deal?

N/A N/APosted
  • Posts 27
  • Votes 0

I'm certainly not a "pro", but the 5th deal I did was easier for me than my 1st. Difficulties cames as I experienced new lessons and continue as I stay out of my comfort zone. So for me, I'd have to say that the same things do get easier over time and experience. New things are always new.

Originally posted by "loki005":
[b]Hey there Phil,

What exactly are you trying to say cause from my point of view the way i read it you were suggesting to do it illegally! Can you explain?[/b]

I was absolutely NOT suggesting to do anything illegally and apologize if it seemed like it. I was saying that you simply cannot "make" someone do what they do not want to do.

If they truly don't want to sell, the only way to get them to sell is illegally.

Post: Pursuing NOD/ NTS

N/A N/APosted
  • Posts 27
  • Votes 0

The only way I've personally done it was by door knocking. I door knocked for about 1.5 years full time. Boy is it time, energy and emotion consuming! After some time, people started calling me.

A niche to consider is not only how you contact people, but when. I signed quite a few deals in the last 5 days prior to the sale. It takes serious coordination on the part of you, your team and the home owner and it can be freakin stressful at times. I know a teamhere in the SF Bay Area that focuses on the 1st day into NOD.

Post: Where to find foreclosures online

N/A N/APosted
  • Posts 27
  • Votes 0

Not sure how it works in TX, but in CA we can get leads from the county Recorder's Office. In my experience, I've met regulars who look up leads on a regular basis for themselves or companies and have found a few of them who would be willing to send me lists since they do it regularly anyway. Some do it for a fee, others not necessarily. The fastest way to get the most updated leads is to be there when they're recorded in my experience.

Post: Another one from Nor Cal

N/A N/APosted
  • Posts 27
  • Votes 0

Thanks for the warm welcome guys, much appreciated. I personally am far from a pro, but I work with my mentor who's been an investor full time for about 10 years now. I look forward to contributing to the forums with my limited experience.

I went to the REDC auction in Sacramento over the weekend and we bid on a few of the properties in Contra Costa. We found most of the properties were bidding based on prices from 1-2 years ago. We didn't have much room for our bids to flip any of them. They were quickly bid out of our range. Some of them went for okay to good prices for home buyers. there were also a few good deals out of our preferred area that seemed to have been good for flipping or maybe cash flow depending on the down payment. What I really noticed was a whole bunch of guys screaming, trying to create a buying frenzy atmosphere with few people actually bidding.

Post: Another one from Nor Cal

N/A N/APosted
  • Posts 27
  • Votes 0

Hello All,

I've been involved in creative RE investing for about 3-4 years now. I work in a strictly REI company in Oakley, CA. We pretty much deal with all types of property and strategies. We currently have residential, multifamily commercial, straight commercial and land for sale. We're also always looking to aquire, though like most others, we're more conservative on the aquisition side. I look forward to learning on these forums as much as I can.

Thanks for reading.

Phil