I’d much rather create that reality than simply cutting down our costs and deleting all of our passive income.

And the reality is  with most of CA being uber competitive as long as there is no collusion at the auction most of these homes would bid up to 70% or so everything being equal..

@Steven Mendiola admire your gungho attitude, be sure to temper it a bit with reality, but don't lose you energy - it can help you recover from a lot of mistakes!

When it gets down to D day motivations finally change and reality finally sets in.

If you're interested in digging deeper into some of these options, especially in the real estate sphere around Austin or Phoenix, I'd love to share more over a coffe chat.Take care,PatTurning investment visions into REALITY in Phoenix, AZ - Ranked #1 for residential real estate growth and opportunity by PwC

Motivation is an emotional response to a circumstance, not the circumstance itself.Although the sensible solution to the circumstance of being in foreclosure let's say, is to sell their house, the reality is that the emotional response to being in such a situation is to find ways to keep their house, not sell it.So ibn order to find motivated SELLERS, you need to first understand what a motivated seller is.A motivated seller is not someone that wants to needs to or even has to sell their house.

BUT, this is all conditional on WHO your agent is, not all Realtor's are the same, 80% are worthless part-timers, that's the truth and reality and NO, those won't bring much if any value.

Hi,People always talk about how they purchase a rental property, wait a few years for it to appreciate, do a cashout refi to recoup their initial down payment, then whatever they earn in the future is infinite return.But in reality, how is this truly a "recouping of initial investment" when you have to pay a 4.5% interest to take out the cashout proceeds (with $3000-4000 of closing costs on top)?

However, remain engaged, make aggressive offers, and be ready to act when those offers align with market reality.

This may be how the new legislation was spun up in the media, but the reality will be different.