Many markets became "Known" for purchasing an Airbnb (Florida, Rocky Mountains, etc.). because of that many people went out and purchased homes and put them on Airbnb (hell I even had a condo in Florida under contract to do this, luckily it fell through).Too many people doing this means travelers had more options, means occupancy rate goes down.2.

Eventually it fell through after they lied to me.

Another first for us. We had a house under contract in Warren Mi. Cash offer, house was a SFR and listed as turn key. Long story short, the inspection found several big ticket items that were at end of life, roof, ...

I fell into real estate in 2007 when I realized that my then-fiance owned two empty homes in the greater Los Angeles area (Pasadena and LaVerne), and he did not have the emotional energy to empty them (difficult family situation; deceased parents), so they just sat there, in gross disrepair.

So I have used this with success as well.. now obviously  its not mass market its identify through property radar what I want then go after it hard.. this is how I used Property Radar and my lawyer to buy that one I Lake Oswego that fell under the radar I had zero competition . so for CA investors property radar identify your targest then go hard at them.. shot gun approach to me is just that .. hit with 99% misses and what happens is you get discouraged and you quit.. unless your going to say I am going to spend 100k shot gunning per year and have the back up staff to run this stuff down..

My wife and I both fell in love with the idea of living in this older type of place along with the investment aspect.

After about three months one of the original tenants let a prostitute move in and then another let a boyfriend in that started selling drugs. 

Contacted them once for a consultation but my deal fell through before I needed the legal advice so I didn't end up using them.

We put the offer on Hud two weeks ago, and accepted right away, the very next day we got multiple interested buyers for the property and one of them decided to get the deal at the same day. So excited. The buyer start...

Since the deal fell through, he has made more than they offered him and he still has his original ownership stake.On the flip side, we have another client that bought out his brother's ownership stake at a business valuation price.