Almost seems to good to be true in this market to invest in a REO portfolio, get most of my money back in 2 yrs, get the tax benefits during the holding period and still get any profits from the gains in 5-7 years.Am I allowed to post the website here?

That essentially means that I've lost 2 months rent per eviction.

It sounds like you've taken a challenge and have used it to help benefit others.What I'm curious about is in the counseling.

hello everyone, i must say to all thanks for your honest opinions. after taking a serious look at my post for needing a mentor i guess i have to say i agree with all of you.theres just to much of me wanting something, but not willing to give in return (i honestly didn't know my post would come across like this, honestly)but anyway i guess the real reason why i needed a mentor was because i was just to scared to do it alone, but now i'm no longer scared so the whole need a mentor before i get started thing is no longer an issue. plus i've been building my team (like: lawyer, CPA, brokers, mortgage brokers and etc) and there all sort of like specialized mentors/advisor's anyway (and we all benefit from working with each other) plus i found out you have to find joy and happiness in the unknown, another words you have to enjoy the journey not just your final destination (your end dream), this will allow you to get out there and just learn as you go in anything you do.

The search engines are getting smarter at spotting those with changes that are essentially the same.I used to submit articles to various sites, but I don't do that any more.

Can you tell me about the benefits or risks involved.

The second letter refers to the first like "two weeks ago I sent you a letter", then I push more buttons, like buying the house as-is, etc..Third letter ends the sequence, recaps all the benefits and then says for them to keep the letter should they ever decide in the future they want to sell quickly and easily.

Remember to confirm that you can get insurance on it (lots of redlisted areas) and how bad the property taxes will be with no exemption.Forget the "benefits of leverage" angle.

it seems to me as though there are no real immediate benefits of buying property just to rent out.

So RE is so powerful because you get tremendous tax reduction benefits (depreciation, interest expenses, all operating expenses, and depreciate your capital improvements) all the while you've leveraged your investments, your tenants are paying your mortgage down for you, inflation is eating away at your mortgage, and you raise rents over time.