[b]thx for the advice. do u think refinancing would be worth it?

David how u even find out about california owners losing properties thee?

Im sure its been discussed here before but i havent seen it or maybe have overlooked it,but is their a liimit in deals or how much a credit union will finance you on multifmaily properties or a certain credit score you would have to have...please state your experiences with dealing with a local credit union below please,also would u have to be doing buisness with this bank already

I took him back.Mark U- keep up the good work.

Thanks and please let me know what u think.

I use Able Property management for my commercial property.DO u have a good local handyman / painter contact in Bakersfield?

Homes are less than 15 years old in the area and many are only 5 years old.I put a video showing my results and how I used my spreadsheets here: http://dl.dropbox.com/u/59325075/2011%20Example%20Bigger%20Pockets.mp4I'll leave the video up for a few weeks.

http://finance.yahoo.com/news/foreclosures-draw-private-equity-u-150127753.htmlmost of you probably already heard of this in the past months and it looks like it's going to happen pretty soon. as a newbie in REI, I'd like to hear what the experienced player's opinion on this. couple of questions I can think of. 1.

I figured some rent was better than none.One seasoned investor told me how to get rid of unwanted tenants and he called it "U-Haul Money".If you really want them out, offer to give them money to rent a U-haul for a one way move if they move out in say 72 hours or less.He told me that was better than to have them staying there a few months trashing the place and not paying you anything.Best Wishes with your investments.

Pushing everything up and reducing your future returns.Feel free to PM me if u want to chat.Cheers,Mark