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Using Other Real Estate Investors to Find Great Deals

4. November 2009

5 Comments

Other real estate investors can be a fantastic resource for finding real estate deals. The concept is simple – you talk to other real estate investors to find a house they are going to flip to you to make a quick profit. For example, let’s say another real estate investor, Joe, has a [...]

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Little Known On-Line Auction with some Fantastic Deals for Real Estate Investors

1. November 2009

19 Comments

Williams and Williams Auction is a national company that auctions real estate. They have a contract with the Federal Government to auction some foreclosure properties. These types of properties are an opportunity because I have found the auctions are poorly promoted. In addition, people who are not computer savvy complain their website (www.williamsauction.com) [...]

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THE Best Way to find Bank Owned Properties

31. October 2009

18 Comments

Here’s another great question from a subscriber… Question:  “What’s the best way to find bank owned (REO) properties?” Answer: All realtors are not the same.  You need to find realtors who work primarily with investors.  These are the realtors who are going to work with what are called [...]

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How to Use Bird Dogs to Find Great Deals for You

30. October 2009

22 Comments

Most real estate investors like Robert and I are busy.  I’m guessing you are busy too.  If you are like us, you have a lot of opportunities to chase, and only a certain amount of hours in a day.  When it comes to finding deals, I can use all the help [...]

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How to Create Motivation in the Seller of Bank Owned (REO) Properties

27. October 2009

3 Comments

Here’s another question that just came in… Question: "How do I deal with bank owned (REO) properties to get them when the price listed is higher than I’m offering? How do I make the sellers get motivated?"   Answer: For starters, it’s pretty hard to motivate someone to do much of anything.  Let me [...]

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How do I chase Bank Financed (REO) Properties without proof of funds?

25. October 2009

20 Comments

Question: "I am currently looking for bank owned (REO) properties to buy.  I’m looking for something that is in good condition, and I want to turn it around and sell it.  At this point, I don’t have a [...]

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Is the Real Estate Market Dead Because of the $8,000 Tax Credit?

23. August 2009

2 Comments

  I had a question come in:   "My realtor is reluctant to make low ball offers due to the market swinging to a "seller’s market" due to the decreasing time before the $8K tax credit stimulus expires on Dec 1." The person is looking to buy a duplex in which they are living in one side and renting out the [...]

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