Tax Deeds are much better, but they cost so much more up front because you're buying the property as opposed to paying the taxes and waiting for a redemption.People do get improved properties from liens (not me), but it tends to be a numbers game.

I played credit card games to get me by and suffered my own mini recession and market crash much like the Wall St. crash a few years ago.

They pretty well have the Self directed IRA game locked here in Houston among real estate investors and they also fund twice a day which is helpful if you have some hang up at closing and need to get something straightened out.

The tea-partiers sure talk a good game but when Rep.

It's not for beginners though because it's a buy and hold game and requires lots of cash and patience.

Steve, at this time I'm trying to stay out of that game, as the big money seems to love it right now.

I stopped by the county clerk earlier this week and she said there is really nothing I can do, it is just a waiting game now.

Both have 5 wheels, 4 on the ground and one in front of the driver's seat :)Don's example is a bit bigger of a deal, but the skin in the game point applies.I also suggest you not rely on ratios or rules for rents to a purchase price to base a contract on, you need to learn how to put a pencil to an offer.

This forum post involves a chunk of cash that is unrelated to those business plans, and is basically more of an experiment in snowballing an investment fund.In Portland or Los Angeles, 20k is going to get me skin in the game on a hard money loan to flip a condo in a low end neighborhood that will net me a 5k profit in 2-3 months.

I have talked to one wholesaler and he was having the same problem, he is new to the game as well.