Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Pogeu Mahone who wrote (176682)	1/12/2009 9:43:26 PM
From: coug	Read Replies (1) \| Respond to of 306849

re: >>John is attending auctions daily<< And don't you know what? JESUS is also attending these auctions and will be kicking ass and taking names after s(he) figures out who is taking advantage of those poorer and do not deserve to be taken advantage of.... :):(

To: Pogeu Mahone who wrote (176682)	1/13/2009 1:08:01 AM
From: John Vosilla	Read Replies (1) \| Respond to of 306849

'it is work' Yeah work but I consider it a chase and thus some play to find the diamonds in the rough. But sell them fixed up through a realtor to retail buyers..Used to due a ton of easy qualify seller financed crappy mobile homes or lower end junker homes on terms without ever needing realtors..that niche where you would usually get your purchase price back in 12-18 months and the stream of monthly payments there after as your profit is coming back in spades too.. One niche on the buy side through realtors that is working for some is buy that REO needing a lot of TLC for a quick cash no contingency closing. RE bubbles totally suck for folks like us..I hope we never have one again in my lifetime. Z something the public seems to never grasp is we don't play off appreciation as the end game but only a side benefit of those you want to hold long term after making the equity and cash flow numbers work going into the deal<g>