Oh and it is an REO .Anyone got any ideas on how i could start this kind of task .

Its kind of hard to find a place where an investor hasn't gotten ahold of yet.At the same time your not the same person.

Your in the game you might as well play where you have the greatest chance of success.It is all about risk assesment in my humble opinionI prefer to risk everything I have because if i lose what I have I will have it all back in under 5 years most likely in 2 years.If I don't risk it I know I will be broke and unable to retire.Hmmm what is retirement......I don't think Ill ever do that one because my definition of retirement is to be able to go where I want when I want and do what ever I want to do.........So I make a few phone calls during the day and make more money for doing so......I will never quit teaching people This business because It has made me a truely free man.One will never be free until one has no attachments in life because attachments by the nature of the word attach us or tie us down......I am not attached to my money or things....I can't take them with meI am not attached to life.......when i die my body stays hereI am not attached to my wife and son .....I love them but they are their own spirits.......If we had never taken the risk to travel to the moon we would have never reaped the benifits of such a great undertaking..Sorry but I believe that all things are possible to him that believe...I guess it's kind of a sensitive subject for me.

ok, thanks for the kind words!

When I have an LLC what kind of extra insurance will I need?

What kind of pipe is it?

Pursuant to Section 3712 of the Revenue and Taxation Code, the tax deed conveys title to the purchaser free of all encumbrances of any kind existing before the sale, except:• Any lien for installments of taxes and special assessments, which installments will become payable upon the secured roll after the time of the sale.• The lien for taxes or assessments or other rights of any taxing agency that does not consent to the sale under this chapter.• Liens for special assessments levied upon the property conveyed which were, at the time of the sale, not included in the amount necessary to redeem the tax-defaulted property.• Unaccepted, recorded, irrevocable offers of dedication of the property to the public or a public entity for a public purpose, and recorded options of any taxing agency to purchase the property or any interest therein for a public purpose.Any federal Internal Revenue Service liens that, pursuant to provisions of federal law, are not discharged by the sale, even though the tax collector has provided proper notice to the Internal Revenue Service before that date....according to that, California tax sales doesn't seem pretty free and clear to me.

What kind of investing background do you have?

What kind of business do you do as a mortgage consultant?

You've left me speechless ;-)...that was a really nice one mate….hope we can pull more of this kind