Re: Judgment Investing - Posted by BankRobber
Posted by BankRobber on December 18, 1998 at 18:57:23:
I purchase Judgments as a directly related adjunct to my Real Estate activites and make about $20K per year doing it. But it is hard to purchase at a big discount because most people/companies have an inflated opnion of how much their Judgments are worth. The minute someone contacts them wanting to buy their Judgment they immediately think that it must be valuable. I suppose you could advertise in the paper that you buy Judgments, but the work involved in filtering out the one Judgment worth purchasing out every 50 inquires would most likely be prohibitive. I suspect Mike Warren makes a lot more money from workshops then he does from Judgment investing.