Course or strategy for hot market - Posted by randyOH

Posted by KC Questions on June 30, 2002 at 02:52:37:

Why not try lease optioning a house. You get the future value at today’s price and if the appreciation doesn’t go as planned, you can walk at the end of your lease. You could even try targeting landlords who are advertising for renters and be the answer to all of their problems. But before you can offer a “solution,” you will need to know what their “problem” is in order to package your solution effectively.

Course or strategy for hot market - Posted by randyOH

Posted by randyOH on June 28, 2002 at 14:08:33:

Could anyone recommend a course or strategy for making money in a hot sellers market? I am talking about Orange County CA where prices have appreciated about 30% in the last two years and houses are presently selling at or above asking price. I cannot imagine finding a motivated seller in this market. If you have owned a house for even one year, you have enough equity to sell through a realtor and walk away with some money in your pocket. One possibility is to just pay full price and hope the market keeps going up. But that seems very risky especially in light of the negative cash flow you will have while holding the property. A low-end house would cost around $300,000 and rent for about $2,000. Any thoughts? Thanks.

"motivated " r always out there - Posted by Marc(NJ)

Posted by Marc(NJ) on June 30, 2002 at 21:14:33: