All Forum Posts by: Shaun Steckler

The most important driver in deciding on whether or not to invest in a market is jobs. Plain and simple. If the job forecast is trending up, that market would warrant further investigation.

If the job forecast is trending down (Detroit), I would back off. You see the problem with investing in a market like Detroit is that the decline in the job market may be permanent. Those jobs are not likely to return to previous levels.
When it comes to investing in your next property - go where the jobs are.

Nicholas,
If you've found someone who's willing to deed their house over to you, you should always buy title insurance. When a seller is in default, the likelihood of additional liens and judgments coming up on title is very high.
If you're just getting started with pre-foreclosures, my advice is to be careful. Buy title insurance.

I really believe that blogging for real estate investors will continue to grow in popularity. We need to have a two-way flow of communication with the people we interact with regularly. With blogging, you'll hear about it quicker so you can fix it faster!