Experiences of a REI (NY style)

My successes and failures as I attempt to build my wealth through real estate investing.

Sunday, March 19, 2006

Things that we have done so far

1. Studied studied studied
2. Talked to numerous Real Estate Agents, Lenders, attorneys
3. Viewed hundreds of properties with RE Agents, and by ourselves
4. Came up with systems for finding investment properties, managing them, taking care of them...Etc (Just haven't used them yet, with the exception of the first one)
5. We have added and attorney to our team, and a darn good one at that
6. Talked to people in the pre-foreclosure stage, and tried to take there properties either subject to, if their was enough equity, or short sale if their wasn't enough equity (Both of which hasn't seemed to work yet). We even tried to do one or two options which haven't resulted in owning a property
7. Tried to purchase a few investment properties from an auction (came out empty handed)

Overall we have looked at several house, to many to count, but have only put offers on a handful

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