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 ] Overworked and too late Posted by B on January 12, 2004 at 10:42 PM In Reply to: Worth looking in to.... posted by Ward-CA- on January 12, 2004 at 9:56 PM : : New homes seem to be cheap in Palmdale, Lancaster, Victorville, and Adelanto relative to other areas in Southern California. Any opinions on the pros and cons of investing in these areas by those who've done it? : ================== : JK, : Some very smart real estate investors I know are currently committed to working the Palmdale, Lancaster, California City areas. : If I was closer, like in the Los Angeles area, I'd be nosing around North LA county. The competition in those areas appears to be as fierce as all the other areas and it appears to be not as liquid. The margins appear to be low and risks very high due to the outlying locations of the properties. The properties have gone up very high yet the income levels of the buyers that are looking to buy there are low and they have litle cash so qualifying is difficult. Follow Ups: Re: Overworked and too late Dennis-CAL AZ NV TX 0:27 AM, 01/13/04 (1) Re: Overworked and too late Bob 6:46 PM, 01/13/04 (0) Post a Followup: Name : E-Mail : Subject : Comments: : : : New homes seem to be cheap in Palmdale, Lancaster, Victorville, and Adelanto relative to other areas in Southern California. Any opinions on the pros and cons of investing in these areas by those who've done it? : : ================== : : JK, : : Some very smart real estate investors I know are currently committed to working the Palmdale, Lancaster, California City areas. : : If I was closer, like in the Los Angeles area, I'd be nosing around North LA county. : The competition in those areas appears to be as fierce as all the other areas and it appears to be not as liquid. The margins appear to be low and risks very high due to the outlying locations of the properties. The properties have gone up very high yet the income levels of the buyers that are looking to buy there are low and they have litle cash so qualifying is difficult. 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. Read our privacy policy.

Copyright © 1997-2004, 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