I am calling this market "the tu*d flush segment" of the the r.e. cycle, as now is the time to get rid of under performers, declining area's and such for full value!

Good cash flow opportunities are hard to come by these days in OC ... for a buy and hold investor today, you need to be either excellent at acquisitions and rehab to buy your rentals like a flipper and/or you need to be very patient to wait until the local market cycles and becomes more accommodating for buy-and-hold.

So a sponsor that's great for one investor will probably be terrible for another (and vice versa).I'm a conservative investor, so when I invest in multi-family I prefer sponsors that have at least one full real-estate cycle of experience, little to no money lost, low leverage, and high skin in the game.And there is an apartment operator that has multiple real estate cycles of experience (decades) with no money lost, low 65% less LTV, and high 10%+ skin in the game.

I personally haven't looked at much over there, but they will be going through a growth cycle with the East End Bridge completion.

Originally posted by @Raul Quinones:@Greg Dickerson the land I’m working on now is about .67 acres I believe holding the land will be worth more than selling for a quick flip what do you was think That all depends on the area, demand, where are you are in the market cycle.

Most of my hired work is done at the bottom of a business cycle and I try not to do as much during boom times like today. 

Therefore, investing in those countries is much less risky at this stage of the credit cycle in my opinion.

In Maryland we are on a two year cycle.

Now I understand why anyone pays premium theoretically:- Chance to be lien holder for next tax cycle.  

A lot of people are cycling their money like this.Pima county has statistics for last few years of average APR 4-8%, only 40-70 people bidding, and 70million plus in tax liens purchased.