Grandpa Ward and high school grad, Chris.

InnoVest Resource Management's

Foreclosure Forum

Home

Discussion Board

"Hands-On" Training

Title Holding Trust

Speaking Schedule

Store

Foreclosure Codes

50 State Resource Data

Foreclosure Glossary

Foreclosure Statistics

60+ Yrs Interest Rates

Fillable Forms

Archived Articles

Dingbat Retirement Plan

Links

Contact / Map

Home

 

[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ]

Re: Staying focused

Posted by Damien Melle on August 08, 2003 at 8:11 AM

In Reply to: Staying focused posted by Gary Pascua on August 08, 2003 at 0:07 AM

: I understand why you recommended newbies stick with a particular geographic area at first, then branch out later after gaining experience. It does seem a bit overwhelming to try and sift through properties, although it's hard not to because they all seem like great opportunities.

: But, what do you think about trying to purchase junior liens at a discount? Like anyone else new to this, I'm limited on cash and trying to find ways to get into the hunt without alot of money. Do you think it's a viable option or is it something you happen to luck into? I'll have to say, door knocking is a whole new experience, but fun! Thanks.

Gary,

I am kind of new to the foreclosure game, that is knocking on doors and working directly with homeowners. I took a class with Ward, and if you have not, I recommend it highly. After my training I purchased at pennies on the dollar a TD from a bank. It was my first deal, and as of today I still have that note and received my intial investment back. So if you find them, they can be good deals.

I have a question for you, How often do you knock on doors? and do you seem to get anywere with it? The reason I ask is, I seem to never get any response, but I am not sure if I don't do it enough (meaning day after day)

Damien


Follow Ups:


Post a Followup:

Name    : 
E-Mail  : 
Subject : 
Comments: Optional Link URL: Link Title: Optional Image URL:


[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ]

WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

Information provided by this website is for informational purposes only and is not a substitute for professional advice. Please consult your investment advisor and/or attorney before entering into any transaction.

Copyright © 1997-2003, InnoVest Resource Management
http://www.foreclosureforum.com

InnoVest Resource Management, 4569-A Mission Gorge Place, San Diego CA 92120-4112
(619) 283-5444, Fax (619) 283-5455

[an error occurred while processing this directive]