You can gamble that someone else is going to come along and give you more.

If you like to gamble, roll the dice and hope for appreciation before the ARM resets?

AND FOR SURE you nailed the 450 to 500 a year insurance proforma.. got to squeeze that extra 50 a month out of the cash flow so you can say you have a 10% return LOL.. in certain areas it works in these areas of super high risk for all things.. its a gamble and I guess that's why they call it insurance just like 21 at Vegas.

All you have is a appreciation gamble.

So, an REO can be a real gamble.

Do you deal with having a smaller, more targetted list that you can blast more often - or do you gamble on the unknowns - or do you include lower equity people to get your list count up?

Nice spam James....good way to get backlinks...at least for a few hours.

Unless you're going to be real estate gambling, i highly suggest you look somewhere outside of SOCAL.

That's just annoying.People who are probably not worth my time:1) Anyone that says "I've been doing some wholesaling" (shut up, no you haven't, you've just been spamming people with no understanding of what you're actually doing).2) Anyone that constantly wants to put out lowball offers without having seen the property and sends over a vague sounding LOC letter from a vague sounding private money lender.3) People that demand to negotiate my commission prior to beginning a business relationship.Those are the basics...

Although its not prudent investing on the west coast does offer more upside in appreciation, but that gambling.