Comments on: A very useful tool for serious real-estate investors …

By: STOP PRESS: Investor Finds Bank-Owned Bargains Galore! « How to Make 7 Million in 7 Years™

Thu, 03 Apr 2008 13:01:18 +0000

[...] It was an e-mail newsletter from a foreclosure and real-estate listing service that I use, called RealtyTrac. [...]

By: AJC

AJC — Thu, 13 Mar 2008 01:58:42 +0000

Good luck, Dong … hopefully, this – or soon – will be a GREAT time to start (no promises … and DO YOUR HOMEWORK). To help cushion any purchasing mistakes, put in a reasonable deposit (say 20% on residential; 25% or more on commercial) and try and lock in the current low interest rates for AS LONG AS YOU CAN!

By: dong

dong — Wed, 12 Mar 2008 22:57:45 +0000

I’ve been thinking about expanding my real estate investing ventures (from almost nothing to something) now that it looks like the real estate market might be returning to normal. I’ll have to check realtytrak. Hopefully i can use a temporary credit card number…

By: AJC

AJC — Sun, 09 Mar 2008 17:43:07 +0000

… one bite a time

Yes, foreclosures can be risky … so can buying tax-defaulted real-estate … rehabbing and flipping … and a myriad of other ‘real-estate trading’ techniques. On the other hand, taking on at least SOME Controlled Risk is a key Making Money 201 concept that we will explore further in upcoming posts.

By: Diane Eats the Elephant

Diane Eats the Elephant — Sun, 09 Mar 2008 15:23:23 +0000

Would definitely be interested in reading the specifics that whittle it down further.

I’d also be interested in seeing what you initially started out looking for as I doubt I’d have the ability of Friends/Family/Fools to fund me doing more than I can finance myself at this point. Have to get all my ducks in a row, you know? Although I can surely do research for others who can get into this – for now. BUt I would prefer to look in a “beginner’s market.”

I have heard how properties in foreclosure come with too many risks unless I can do a lot of the work myself (e.g, holes in walls, concrete in toilets), due to anger of those being made to move. Bad mojo I think – leave it for another to deal with.