If someone gives you lip about wholesaling you say "Go suck on a dead smurf" and you keep the course.You need to be sharp, a shark, strong, stubborn yet humble.I started with wholesaling, and I have made 14K my first dal (in 3 months time), my second deal I made about 20K and my third deal about 9K (if I remember correctly).People that ask "ohh why do you start with wholesaling" say it as if wholesaling is a lesser form of investing.

. :)I'd add Anza to the list which is close to Anza-Borrego Desert State Park and The Slot along with Julian and Borrego Springs which has a golf course and some really nice midcentury homes.I was just in Desert Hot Springs visiting the Desert X installations and have changed my mind about DHS.

But the reality is you are more likely to win the lottery and get bitten by a shark on the same day than to have your IRA audited.So, if you think that you can produce better results for your IRA by investing in real property, learn how to do it right and you can sleep very well at night.

I'd be cautious when investing OOS, especially if you're new to REI... lots of sharks in the water. 

Some of these buyers do think it gives them an advantage in trying to negotiate a short sale, but I don't.5) If you don't agree to pay the rent, they will get a Writ of Possession, and have you evicted within 30 days.The guys buying HOA foreclosures are the professional sharks.

But I think the theme is avoid any kind of predator like a lion or shark.

Trustee sales, but spreads are very thin and competition extremely fierce amongst the sharks in that tank.Nice catch to ask the question, I intentionally left the third out!

DM is kinda like going to Vegas and playing the slots.

I could have backpedaled, offered less, and still got the deal, but I stuck to my original offer.For these homeowners, they were desperate to offload this house, didn't know where to turn, had been mistreated by other wholesalers and sharks, and the offer I made allowed them to move on, clear the books of debt and back taxes, get some much-needed medical work done, and ultimately get a fresh start. 

What do you say to make them understand you are offering them a solution, not a shark feeding on their misfortune?