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Old 06-01-2005, 09:18 AM  
Greg B
So Fucking Banned
 
Join Date: Jul 2001
Location: EARTH (for the time being)
Posts: 7,014
Quote:
Originally Posted by xenigo
Um, dude... that business isn't as easy as you make it seem. Those foreclosures are watched by a bunch of vulture RE investors with better connections than you could ever imagine. They'll usually get them BEFORE they even go into foreclosure, giving you zero chance of scoring the property. Once the property goes into foreclosure, there's dozens, and dozens of investors that have exactly the same plan you've got.

Dealing with those property owners before their property goes into foreclosure is one dirty fucking business. I mean, a lot of people think gay porn is dirty... but at least everyone I work with are willing participants. I think that takes the cake.
Um Dude, what part of "Real Estate Gurus" translated into 'dumb fucks watchin' tv'???

Of course my pals are the Foreclosure Masters or else THEY WOULDN'T HAVE BROUGHT IT UP IN THE CONVERSATION.

Being there FIRST is foremost. Being a greedy bastard and trying to snag up all the foreclosures at once is just as hazardous. It's like that old story of the cookie theif. He got into a bakery, stole all the cookies in sacks and was outside with so many cookies he couldn't transport them before the rats ate em' up. ( old Irish tale ).

The bottom line is, as long as people are ignorant, big headed, belligerent, arrogant and marry each other for STUPID reasons, there will ALWAYS be a viable RE market.
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