You have NO idea what your in for little man.
What were you doing during the last real estate slow down in the late 80’s?? Learning to ride a bike???
I LOVE guy’s like you. You’ve been “reading about doing it” for 5 or 6 years and you know EVERYTHING. You didn’t address a SINGLE point that I made, NOT ONE.
Good luck with your short sale career. It’ll be short that’s FOR SURE!
Hey, with all your experience and all those millionaire clients of your’s I’m sure you’ll be OK. Just like all those SMART Harvard educated BUSINESS and Finance guy’s who are now HUNG with CDO’s that are worthless. But I’m sure YOUR the exception.
This market hasn’t even picked up speed on the depreciation cycle yet you “think” doing 12 SS’s a year shouldn’t be a problem HUH? Even though it’s taking 6-8 months to sell a home, that won’t slow you down because we all know the banks are just GIVING these homes away!! Last week I bet you bought 7 or 8 for what??? $400 each? Let me get my flag out :bs :bs :bs That’s sort of like all the EXPERTS who’ve been telling us SUB-PRIME wouldn’t be a problem. But I’m sure YOUR right. :rolleyes
I noticed that you never replied to my QUESTION???
How many short sales have YOU done???
No, that answer ain’t coming and anytime soon.
Oh and just a little economic lesson for you Junior, just because someone will sell for less DOES NOT mean their home WILL sell.
But, you already firgured out that once those house wives get involved your all set!!! That’s BRILLIANT economic theory!!!
Guy’s like you kill me. No experience, no knowledge, read a lot of BOOKS I bet, know a friend of a friend who’s doing it, but HASN’T done a single deal HIMSELF.
I’ve done my deals Junior, I’ve got the portfolio to prove it.
Other than your own home, (which YOUR bank owns)
WHAT DO YOU OWN???
My guess…NOTHING YET, But you just wait mister, I’m really gonna do it THIS time!!! You watch!!!
Buddy boy I’m 42 years old, I’ve been there and done it in 2 real estate busts, built New Homes, flipped, rented, own commercial real estate, bought over 20 foreclosed properties, have a commercial contracotrs license, and have NO MORTGAGE on MY home!! but what do I KNOW. You handle money for rich people. I made MY OWN money in real estate, but hey, YOUR THE EXPERT HERE.
I’ve got a guy like YOU that the bank has call me EVERY month, they have a nice pile of my money. Read this part carefully…
I’d let my 7 year old son handle my real estate investments before this guy.
Every single time he calls he tells me how he wants to “get into real estate” Sort of sounds like you…JUNIOR!!!
I get emails every week from people here who’ve actually FOLLOWED some of my advice and MADE MONEY!!! That’s right they DID IT, they didn’t write about it, they went out and worked a deal. You’ll get there too, well, maybe not.
As far as getting the best of me??? I’ll let other members of this forum decide whose advice they’ll follow. My GUESS???
It AIN’T YOURS!!!