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Brytex

05/15/07 7:25 PM

#157 RE: QuickTrade #156

Perhaps due to the overall sickly market. Even lousy investors made money in the hot market. Now it's just death. Market where I live is brutal now. However, for an investor, that means more motivated sellers...a LOT more. You just have to choose very carefully.

As soon as I'm out of my current project (next few weeks), I'll be looking for at least two more by end of year. Normally have done one at a time, but I finally have a great hard money lender that will supply funds for each of my projects with few questions asked. And he'll defer interest payments until the house is sold.

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sarals

05/16/07 11:14 AM

#158 RE: QuickTrade #156

true. real estate takes patience and long term outlook. I'm guessing those who are investing largely in penny stocks are looking more for get rich quick schemes.

I'd love to see more on this board and I wish I had the resources to be purchasing investment properties right now... the next year or two is the perfect time.