Buying Foreclosures, REOs. Short Sales, FSBO, MLS and More

trials or if you do what we do why is it well at Portage the human storage that drive much I had a up a father daughter pair that I was working with the father had Alzheimer’s disease the daughter would always come to him poor matters of the heart and Woodcock with him about the things up bothering her so he developedalzheimer's disease in she wanted to shame kind of intimate conversation and she started into one of these discussions and he said honey I've gone away and I thought you know he captured it so beautifully because Neuroflexyn he knew he couldn't have that conversation that you wanted but that's what drives us to do what wed and we invite you to help us do what we do you can all do more

I haven't posted in a while because I've been busy speaking at Real Estate Events all over the southeast.
Jill & I have competed rehab #80; it was a 2 bedroom, 1.5 bath, 1 car garage with 1142 sq. ft. of living area under central air conditioning. It was a bank foreclosure that was listed at 49,900; then dropped to 44,900 ... after several weeks of back & forth, settled at 30,000. Had a New Roof Install at a cost of 5,500. Updated the kitchen by spraying the existing cabinets & re-glazing the counters because it had nice 16" ceramic tile in the kitchen & laminate in the living & dining rooms. New Appliances, Vanities, Toilets, Paint, inside & out.
Had it for sale at 56,900 & had a cash offer at 52,000.

If any wholesaler can present a property under contract in the Northeast section of Los Angeles, I will pay double your usual fee plus $1000. The criteria is simple, SFR 2+ that's all. For those of you who are not familiar with the area, it includes the following 7 neighborhoods. Below is a link for an overview.

1. Eagle Rock
2. Glassell Park
3. Highland Park
4. Cypress Park
5. Atwater Village
6. Mount Washington
7. Montecito Heights

http://en.wikipedia.org/wiki/Northeast_Los_Angeles

I know most people here want to wholesale for the end purpose of making money. The question is, why not make the same or more money by being a licensed real estate agent? What is the advantage of wholesaling over actually being a real estate agent/broker?

A question for those who own multiple property. I have acquired and now own about ten rental properties through foreclosure, REOs, short sales. At first I would get a business license and rent each one, and individually keep the books for each one as well. Now that it's getting quite big, should I just get one business license for all of them (e.g. "My Rental Company LLC). It seems like this would be much easier for accounting, write offs, etc.

I appreciate your feedback.

Is there anyone buying properties through foreclosure auctions? In Broward County, FL we have on-line auctions as part of the foreclosure process. I believe most counties have some sort of auction process whether it is silent auction, auctions on the courthouse steps or on-line. If there's anyone out there buying properties at auction, would you give me some insight as to how do start my due diligence before placing a bid? Do you look into properties scheduled weeks in advance? Do you do full title searched on the properties? How do you make sure not to get caught with municipal or contractor liens?

I realize this approach might come across as a bit unorthodox, and I apologize in advance for that. But what I'm trying to create here is (within one single forum topic) a network that can bring buyers and wholesalers together. If this proves effective, it will serve not just myself, but the entire D.G. community splendidly!

So let's get into it...

If you are a cash buyer with funding readily available for investment, OR you have access to lenders whom have funding readily available for investment, comment the following information below:

1) WHERE you want to invest.
2) WHAT you are looking to invest in (SFH, etc).
3) WHEN you can be ready to take action.

It's been over a year since I've been in the real estate game and I have some of Dean's educational materials that I don't need anymore. (See links.) I'm posting here to see if anyone can tell me the best place to offer these for sale, and for how much. I have no idea what they're worth, and I don't have any use for them anymore.

Thanks,
Matt

http://i811.photobucket.com/albums/zz31/mattmchgn/IMG_4072.jpg
http://i811.photobucket.com/albums/zz31/mattmchgn/IMG_4073.jpg

P.S. My signature says I'm a Realtor. That's not the case anymore -- I'll have to change that.

Finding myself with new Challenges was not Easy...

"Your everlasting summer you can see it fading fast
So you grab a piece of something That you think is gonna last
You wouldnt know a diamond If you held it in your hand The
things you think are precious
I cant Understand....You know the song from Steely Dan (one of my favs)

I'm looking for any wholesalers and/or buyers (love that and/or language) who are investing in Cleveland, OH.
I don't care if you're new or veteran. I'm branching out of Denver, CO and am looking there for deals. There is still potential here in Denver but holy cow the deals are very TOUGH to come by. Wish it was 2009-2010 again

Anyway, PM or leave a comment here and lets get some deals done!

I wholesale and/or bird dog properties.