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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Our Story Posted by Alex - CA on April 03, 2009 at 7:16 AM Our story We got interested in RE after I was laid off as a software consultant in 2003. I was working in software industry since 1986. Both me and my wife have been software consultants and she was laid off in 2004. We then started together full-time in RE. The idea was to accumulate a number of properties to keep and some to flip. We have raised good amount of cash from flipping and at some point had a great amount of equity in our properties (over 2M). We also bought a development project. At this point almost all our equity disappeared and we find no way to make make living in RE. I am trying to find a job as a software consultant to no avail. We still have a number of properties (unfortunately) with values way below market. We feel very dejected. We are trying to hang on. What should you recommend? Thanks, Alex. Follow Ups: Re: Our Story Rick, the Probate Guy 2:06 PM, 04/03/09 (2) Re: Our Story Alex - CA 10:16 PM, 04/04/09 (1) The statistics on short sales CC in OC 0:34 AM, 04/05/09 (0) Re: Our Story SDEquitySaver 11:55 AM, 04/03/09 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Our story : We got interested in RE after I was laid off as a software consultant in 2003. I was working in software industry since 1986. : Both me and my wife have been software consultants and she was laid off in 2004. We then started together full-time in RE. : The idea was to accumulate a number of properties to keep and some to flip. : We have raised good amount of cash from flipping and at some point had a great amount of equity in our properties (over 2M). We also bought a development project. : At this point almost all our equity disappeared and we find no way to make make living in RE. I am trying to find a job as a software consultant to no avail. : We still have a number of properties (unfortunately) with values way below market. : We feel very dejected. : We are trying to hang on. What should you recommend? : Thanks, : Alex. [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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