Some thoughts on brain overload - Posted by John Behle
Posted by John Behle on March 09, 2000 at 14:03:14:
I can do overload real easy myself. One thing I found that helps is to focus on finding a deal, not using a specific tool or technique.
I use almost all the techniques discussed on all these forums. My focus is on finding the deal and on motivated sellers or problems. I then use whatever technique or combination that will solve the problem and make me a profit.
So, for example, with “pre-foreclosures”. I may make them a loan, discount the underlying loans, have them quit claim it to me, buy it and re-sell it to them, buy it and lease option to them, etc. It’s actually not all that important to me whether they want to keep the property or get out of it. Whether I make a loan, buy a loan or buy a property, doesn’t matter.
I have techniques for each situation that are profitable. The key is finding the “don’t wanter” whether it is in real estate, paper, etc.
The same with buying notes. There are dozens of ways I can buy a note depending on the situation and needs of the seller. I’ll even solve the problem for a consulting fee if buying the note doesn’t work.
There’s more on how I handle pre-foreclosures and the different techniques at the “Paper Posts” section of my website.