I've become interested in real estate investing over the past year or so (in fact I'm taking my real estate exam within the next few weeks!) and plan to attend some of the Sheriff sales around my area. I'm in LA where there's a three year redemption period, about $350 in costs, in addition to the amount of delinquent tax per property. I'm still learning the ropes as I go - it's seems that not many people want to share the process with a newbie.
I was wondering has anyone had success with this type of investment? Any words of wisdom? Thanks!