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Old 08-11-2010, 09:09 PM  
Semi-Retired-Dave
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Join Date: Apr 2004
Location: LA
Posts: 11,190
Quote:
Originally Posted by TidalWave View Post
Damn you are doing this in LA?
How long does it take to actually close on the houses though? I assume most are short sales or in foreclosure?
How quickly are you able to move them after fix up?

Been wanting to get into this so bad, it seems like so much fun!
Yup, in LA,
The hard part is getting the deals, you just need to make some friends that work with banks. Then negotiating against others to get the deal.

They go in about 30-45 days because I price them right, and let the buyers bid each other out.

It is fun. And safer than the stock market that's for sure. Especially after today's crash.
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