Local newspapers are good.

REOS in newspaper ?

Put together a quick question sheet to ask sellers with the basic info: who, what, when, where, how come, and why then start going thru the local rags and newspapers religiously.Good Luck!

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Some of the information that Califronia MLS offers is exclusive to MLS listings and can be very valuable to real estate investors.I'm a Licensed California Broker and could help an active Real Estate investor in Southern California market.

I Find good deals a number of different ways, word of mouth/referrals, mls, foreclosure list, fsbo's, newspapers, ect....

The 121 exclusion is the $250/$500K tax-free exclusion available on the sale of a primary residence.

Is it better for him to sell it now before the 2 out of the last 5 years requirement expires (for the capital gains exclusion) or to just leave it as a rental and sell it much later after he's gone with a stepped up basis.

So I would assume that the winning bidder would have to pay 10% of the winning bid as hand money, but in yesterdays news paper it showed all the properties up for auction and under the listing each properties had a hand money amount.

I found the auction in the newspaper and it is being held in a law office and I know the default amount.