The complete set of foreclosure strategies are buying notes, mortgages and judgments, short sales, taking under and subject to, and straight equity purchases. We covered all of those topics at the Orlando seminar.
The "magic" in my business is taking those techniques (often in
combination) and applying them to a specific homeowner's situation.
Once you know the strategies (or at least know they exist and figuring it out or hiring someone to help you with it when you have an actual deal) then the income you derive is more related to how much time you are spending talking to sellers than anything else.
The business is competitive right now. Real estate is hot but there are still deals to be had and over time the competition will cool down dramatically.
My advice is to spend your energy looking for homeowners to talk to rather than the next technique.
For more information:
http://bobdiamond.com
