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Tag Archive | "bank owned"

How to Use Bird Dogs to Find Great Deals for You

Friday, October 30, 2009

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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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Making an offer on a Bank owned (REO) 4-Plex

Friday, October 30, 2009

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This is a question that came in… Question (Joe):  “How different is the process of buying a bank-owned (REO) four flex versus if you just buy it from the bank versus a single family?” Answer (Mr. Cash Flow): “A bank selling a four flex and a bank selling a single family treat [...]

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

Tuesday, October 27, 2009

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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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REO Tour

Friday, March 6, 2009

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Last Saturday I took several of the Wealth School participants on a tour of REO (bank owned) properties in northwest Oklahoma City.  We looked at a total of seven properties.  Why did we engage in this activity?  For starters, we wanted to take a look at some good deals that are always on the market.  Right [...]

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