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 ] Ward... some help here? Posted by Don on March 08, 2004 at 11:25 PM Wonderful resource, this site. I'm a beginning investor in So Cal. Have studied for 6 months or so and want to begin a career in investing. Doing my first RE deal. Got an acre in OK through tax lein certificate, putting a repo Double-Wide on it to sell quick. Hope to clear 25K. I want to concentrate my time in three areas. Looking for direction. 1) Buying more tax leins for lots in OK, put MHs to sell. 2) Marketing to owners of vacant properties around and outside of LA 3) Marketing to out-of-state owners around and outside of LA Don't want to knock on every door in town. Not trying to hit grand slams. I've been reading through posts here and its a little depressing. Posters say all areas around LA already gone through. Or should I concentrate in other states, where all types of deals seem to be plentyful? I go to Oklahoma for business every four months (family, business). Are there areas in Califoria where you can still get good deals at Tax sales? Marketing seems key, so I bought a course from a guy named Richard Roop out of CO. Great ideas on direct marketing. Got a domain & wife does websites. Ready to roll. What do you think of direct marketing in So Cal? It makes sense that deals are out there, you just have to find them. I'm patient and hardworking with average credit, but not a lot of money. I'm beginning to meet with hard money lenders. I'm also intimidated by all the competition with cash, to be honest. How would you proceed with 25K to invest? Without any guidance I suppose I will continue placing Mobile Homes on lots and selling. Thanks for your attention to this if you have the time. Follow Ups: Some ideas... Ward-CA- 7:43 AM, 03/10/04 (1) Re: Some ideas... SoCal Don 10:13 AM, 03/10/04 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Wonderful resource, this site. : I'm a beginning investor in So Cal. Have studied for 6 months or so and want to begin a career in investing. Doing my first RE deal. Got an acre in OK through tax lein certificate, putting a repo Double-Wide on it to sell quick. Hope to clear 25K. : I want to concentrate my time in three areas. Looking for direction. : 1) Buying more tax leins for lots in OK, put MHs to sell. : 2) Marketing to owners of vacant properties around and outside of LA : 3) Marketing to out-of-state owners around and outside of LA : Don't want to knock on every door in town. Not trying to hit grand slams. I've been reading through posts here and its a little depressing. Posters say all areas around LA already gone through. : Or should I concentrate in other states, where all types of deals seem to be plentyful? I go to Oklahoma for business every four months (family, business). Are there areas in Califoria where you can still get good deals at Tax sales? : Marketing seems key, so I bought a course from a guy named Richard Roop out of CO. Great ideas on direct marketing. Got a domain & wife does websites. Ready to roll. What do you think of direct marketing in So Cal? It makes sense that deals are out there, you just have to find them. : I'm patient and hardworking with average credit, but not a lot of money. I'm beginning to meet with hard money lenders. I'm also intimidated by all the competition with cash, to be honest. : How would you proceed with 25K to invest? Without any guidance I suppose I will continue placing Mobile Homes on lots and selling. : Thanks for your attention to this if you have the time. 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