Comments on: Real Estate Change http://www.viprealtyinfo.com/blog/2008/05/change/ VIP Realty - The Premier Firm in Real Estate Fri, 05 Dec 2008 03:14:04 +0000 http://wordpress.org/?v=2.6.2 By: admin http://www.viprealtyinfo.com/blog/2008/05/change/#comment-5098 admin Mon, 26 May 2008 15:08:24 +0000 http://www.viprealtyinfo.com/blog/?p=328#comment-5098 Great info Simon. So your strategy is to buy and hold? Great info Simon. So your strategy is to buy and hold?

]]> By: Simon http://www.viprealtyinfo.com/blog/2008/05/change/#comment-5070 Simon Mon, 26 May 2008 05:59:03 +0000 http://www.viprealtyinfo.com/blog/?p=328#comment-5070 Talk about a tornado. You are not kidding. I am a private real estate investor who specializes in shortsales and probate. I had to move my focus to bank REO properties because of so much inventory that needs to be moved. I might keep a house or two for my company but the majority of the deals are wholesale property deals. The problem I see that some of my investors are running into is if they decide not to keep the property and try to sell it. Some of them don't understand lease options or doing a seller carry back mortgage / trust deed. The flood is coming and every needs to be prepared since I think this will take longer to clean up then most people think. Don't get me wrong there are deals out there to make a great deal of money. Just be cautious. Talk about a tornado. You are not kidding. I am a private real estate investor who specializes in shortsales and probate.

I had to move my focus to bank REO properties because of so much inventory that needs to be moved. I might keep a house or two for my company but the majority of the deals are wholesale property deals.

The problem I see that some of my investors are running into is if they decide not to keep the property and try to sell it.

Some of them don’t understand lease options or doing a seller carry back mortgage / trust deed.

The flood is coming and every needs to be prepared since I think this will take longer to clean up then most people think. Don’t get me wrong there are deals out there to make a great deal of money. Just be cautious.

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