Who says that the real estate market is down. My venture into the duplex fell through due to rent control and current tenants did not cover the mortgage, ROI way too low.
Since last year, I have been trying to get into another place but no luck. The cash investors are buying up the properties in my area, rehabbing and "trying" to resale tremendously over market.
So I need cash, the assignment deals are not working for me, I can't seem to assemble a good team, these agents don't want to bother unless they can come out ahead on commissions.
If there is someone in the Los Angeles area that is actually succeeding in closing a deal, please share a secret or two. I just need one and not sure what I am doing wrong. Not enough cash for sure, maybe strategy is off I don't know. I am using FHA financing, my offers are not getting accepted and then the house is practically given away to the next person.
I am missing something?
I am going to the Feb 4 event, can't wait!
CMJ
Who is Dean Graziosi?
Are People Actually Successful?
Does Dean Practice What He Preaches?
What Deals Are The Students Doing Right Now?