willowme

Hey Willow...

How is everything going? You have been quiet lately! lol

Plus, somebody needed to be the first one to sign your guestbook!

Anyway, hope things are going well.

Take care,

Robert

Wendy,

Hi, how are you? I'm also a beginner in Orange County Ca.

I live practically right in the middle of Orange County near Huntington Beach, Seal Beach, Los Alimitos area's.

Our market hear in So. Cal. is very unique and extreme to say the least lets stay in touch and do a little networking and compare notes it could be a big plus in this diverse market that we are in.

Bruce

Thanks for writing. I have contractors looking at a house all the way in Fargo North Dakota. It was listed at $55k but sold for cash for $42k and then fell out of escrow because the buyer had a medical emergancy. It's estimated ARV is $139k. I feel incredibly calm for thinking about spending $42k on something I may never see. Because of everything I have learned I can see the value in this particular deal. By the way, their unemployment rate is something like 2.5%. Lots of oil jobs there.

Wendy

I may have a lead of a property. I will wee if I can find the info and send you the info. I was interested but decided to pass. You may be interested however. Invester there will be selling off his properties. This one outside Niagra falls and has a Section 8 in it so no worries about getting it rented. The numbers work for cash flow but I wanted to see it cost less. I'll let you make the decision that is best for you. I have looked back at my emails and the only think I can find is the contact name and number. Call David Jahar at 949-874-2667. If you call for info, please tell them Wendy Picket referred you.

Wendy

I needed a little break. Slaying dragons and getting past the bariers that have been my continual companions since this journey began caught up with me. I'm still in the process of seeing if stepping back for a bit will help me see a way to make my RE business work.

I appreciate the note.

Willow

Hi Bruce,

It seems I get a good understanding of the market and then it turns inside out. I am thinking that unless a great deal presents itself (and I know how to tell if is) I may wait for a month or two to really be actively looking again. The middle or end of October may show us another shift that could catch us in a bad way if we are in the middle of a rehab. I've actually wondered if I should look outside CA because I could get more cash flow for the investment. Hmmm Not sure right now. What are your thoughts?

Wendy

Just wanted to say hi & welcome you to the DG site Don't hesitate to ask me anything about REI to help you on your way to success, so ask away & stay in touch on your progress...

Everyone Can Make A Difference!
John A.

Wendy,

Thank you for getting back to me. As far as where my interest are in REI I am looking to work a few different strategies.

1. Assignment Deals
2. Lease Opts
3. Buy,Hold and maybe Flip

In my area of NYC I believe that these strategies can work utilizing deans system and PMI coaching as a guide along with the hard work behind it I expect success. As of right now I have started to build a team consisting of Private money sources, lawyer, contractors, appraisers, title company and adding to the team as time goes on. I believe that you can never have too many sources.

I am looking to spread out in other areas and network with other investors that are looking for deal in my area or maybe their looking for a source for funding and or inventory. If you have a specific criteria I can tell you if and how I can help you achieve your goal.

My background is Architecture. I work with different groups (Architects, Contractors, Real Estate Investors, Home Buyers)anyone who has a need for
renovations and need drawings done I'm your man. I am Self Employed so I have more free time than anyone working a 9-5 schedule. I am interested in buying investment properties to hold in an LLC.

Hope this information has been informative for you to better understanding my intent. Please do the same so that we can get better aquainted.

Joel