Creative Real Estate in So.Cal. - Posted by m.mead

Posted by dewCO on October 29, 2000 at 21:07:09:

Read the post below yours here!!! Bill Gatten’s site is www.cal-equity.com

and while you’re at in read most of today’s posts and ANSWERS they are all fairly applicable.

Creative Real Estate in So.Cal. - Posted by m.mead

Posted by m.mead on October 29, 2000 at 19:46:16:

I have purchased the Carleton Sheets tapes and also have gone through the personal coaching program. After all of the money that I have spent, I am still very fearfull that Carleton’s methods won’t work in my area. I am wondering if there is anyone that has had success in my area. I am very motivated and any words of wisdom are greatly appreciated.

I think you are in for… - Posted by JGoodsen

Posted by JGoodsen on October 30, 2000 at 24:37:53:

some disappointments and frustrations.

Sheets basically teaches buy and hold. Hard to do in SoCal because of the high relative value of housing compared to what you can get for rents, i.e. negative cash flow. Doesn’t mean it won’t work. Just means you may have some difficulties.

There are ways to make it in real estate investing here. I just don’t think what Sheets teaches is the road map.