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All Forum Posts by: Robert Tropp

Robert Tropp has started 6 posts and replied 23 times.

Post: Good Multi-Family Markets

Robert Tropp
Pro Member
Posted
  • Los Angeles, CA, CA
  • Posts 23
  • Votes 9

Hey BPers, I'm looking to find a good market for 2-4 unit properties in the $200-$300k range that cash flow $1,000+ per month after all expenses (including management) considered. I live in Southern California so I'm open to looking out of area/out of state but would like to stay on the West Coast. 

I've been looking at some areas of the Bay Area (Vallejo, Fairfield, Benicia, Napa) but I'm not quite sold. I'm looking to acquire multiple properties and am struggling to find an area that looks really good where I can focus my search and build up my knowledge of the local market.

I'd love to get some feedback from you guys and hear what markets are working for you. 

Post: Investor Psychology - Direct Mail Campaign

Robert Tropp
Pro Member
Posted
  • Los Angeles, CA, CA
  • Posts 23
  • Votes 9

I'm never surprised at what people respond to and the creative ideas that marketers come up with. With that being said I'm always trying to mix it up and keep track of response rates. It's funny what a difference font types, wordage, and even colors can make so it's certainly worth a shot. @Damon Armstrong thanks for sharing. 

I'm going to try these out:

http://www.amazon.com/Amscan-Gold-Coins-Value-Pack...

Post: Tax liens

Robert Tropp
Pro Member
Posted
  • Los Angeles, CA, CA
  • Posts 23
  • Votes 9

I don't have a ton of experience with tax liens but have bought quiet a few tax deeds at auction. I know some areas offer better returns than others. Florida is a pretty good state for tax liens in my experience as they frequently have sales. 

Here is a really great resource for tax sale information:

http://www.taxsaleresources.com/