You seem to have made some amazing progress in your RE investing career:Posted today, 9/16/08Originally posted by Shaunna34:Erik is Direct to the Firm with REO's.

If its So-Cal I might be able to point you in the right direction.

It all depends on location...I have never done it, but in my area investors say they go for about $12,000 a monthHowever, you would be much better off spending $12,000 on highly targeted direct mail...it's better to have the rifle approach than the shotgun approach.

I use ING Direct, which offers about 3%.

Yes some tightening up was necessary as banks’ guidelines prior to the mortgage crisis may have been too loose, but now they seem to have gone too far the other direction.

I don't track it as much as I used to, but it usually costs me around $2,500 bucks to get a deal (direct mail costs)

Direct mail, door knocking, and calling, all to people who have had the NOD (or whatever its called there) filed.

I would check for everything like the fees you will be responsible and what freebies they give you...also find out how much freedom you have to market yourself - some brokers won't allow you to have a personal site without too many rules to make it useful for example...also check how many agents you will be in direct competition with, what training they provide...all those things make a big difference!

There are some folks here from the Chicago area, and maybe one of them can point you in the right direction.

Hello. I am a part time college student slowly but surely on his way to getting an associates in business administration. I found a elective class this summer for real estate. To my surprise completely the class succe...