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 [...]
Continue reading...Friday, October 30, 2009
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 [...]
Continue reading...Friday, October 30, 2009
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 [...]
Continue reading...Tuesday, October 27, 2009
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 [...]
Continue reading...Sunday, October 25, 2009
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 [...]
Continue reading...Friday, March 6, 2009
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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Saturday, October 31, 2009
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