I am in Southern California, I currently work for a RE Developer and going nowhere fast.

These are new developments so it comes around a year later when it finally causes a backup or overflow.

In some areas farmers are buying back land they sold to developers several years ago for 25-50% of the prior sales price.

This is a key skill you will want to develop if you wanna play in the rehab market.

If you trying to become a serious investor, work on developing the tools you need for yourself which is figuring out how to evaluate real property and not be so dependent on a real estate agent for all your answers who may not know more about the topic at hand than you.

Every broker and developer that comes by starts off with how bad things are, and how I should be glad to be getting anything.Thoughts

As you develop a better understanding of your strategy, make sure to post your questions on the forums and get involved here at BP.

It consists of coordinating with our current network of wholesalers, bird dogs, and agents to do preliminary evaluation and qualification for buys, develop new wholesalers and bird dogs, develop alternative buys, develop in house direct buys, and package and sell in house wholesale packages to our affiliate investor group.

Neighborhood has little pride of ownership, drug activity, etc. there are jobs as its next to a large prison, schools and hospitals.Rents really cannot be increased as there are new developments renting new 3bd homes for as little as $600.Tenants are typically short term and if screening is tough the units remain empty.

BUT, the training was so much more valuable to me because I had the real world experience to bring to class, and ask about and really tap into the power of the software.