There are enough REO's (homes the banks have already taken back) on the market at rock bottom prices you could potentially focus on, instead of dealing with the headache of going through a short sale.

About Puerto VallartaTucked away in the middle of the Bay of Banderas you will find a gorgeous tourist town rapidly becoming one of the most popular holiday spots in the world.

He rocked Cramer.

Let me show you how fast you can change your picture.1) Do a couple of wholesale deals to generate some cash;2) Maybe then pick up a longer term property or 2 for yourself;3) Find a local, well healed partner who now likes what you are doing and realizes that you are now experienced, and you now a lot of capital to rock & roll.

Condo.com outlines five of the most popular methods used: 1.

They are on a limited budget so newspapers and signs are the 2 most popular ways to market their properties.

Hi everyone, just took a look at a property that had a lot of work done to it (Sheet rocking & electrical) and then apparently they had money problems and the bank took over the property.

After that they went across the street and somehow managed to afford some chicken and beer.The reason I feel trust issues, is because these are supposedly real-life events that were the "rock bottom" from where they had to learn to invest in real estate.

Mike OH I am glad to hear from you, and I have been enjoying your blog.I am asking about this because I read about negative cash flow for rental properties in John Reed’s site at http://www.johntreed.com/positive.html Reed is not very popular here so I did not want to unduly influence the forum.

In Austin area (Round Rock) where I have two of my properties, you have no choice.