The son lives out of state and wants to get rid of her property as fast as possible.

Today my question in aimed at those who are from outside of the greater Los Angeles area- wether a few hours away or thousands of miles away- Do you want or do you flip properties in the greater Los Angeles market and wish you had someone to manage your project because you can't be there because of distance of perhaps because of time constraints?

If you COC return is above 10% buying today and having the market scream down tomorrow will likely break you out even as the low wouldn't be achieved for a few years most likely and unless you're buying garbage or a true collapse occurs you aren't likely to lose more than 30-40% so the cash-flow alone will likely off-set the oppertunity cost lost in buying it at the bottom.

the Clear lake lots were in towns called Nice Lucerne Clearlake Oaks and Clearlake. you can find them on maps today.. and you will see roads going up into the hills above town that are just dirt or not even present just mapped..

According to this article today by local reporters, the 130.11 acre site in Centenial Campus appears to be a good fit.

I have 3 buyers looking at the property today for 130k 

If you are interested I would recommend checking out the “main event” they will be talking about wholesaling, you can see if the class is right for you, and if it’s not your still at a great place to meet people and learn about the Baltimore market.Class:http://www.baltimorereia.com/wholesaling-for-fast-cash/Meeting Schedule:http://www.baltimorereia.com/our-ev**

We lived in CA the first 30 years of our life, then 14 years in MO to raise our children in a slower-pace-of-life area.

Fast forward 2 years, I left my corporate job (and learning we were pregnant with our first, due in June) at the beginning of this year to pursue Flipping, Construction, and RE Investment full time.

Going to talk to the lender to double check on that today.