All Forum Posts by: Steve Babiak

The MLS is really the only thing that knows which listings have "expired from the MLS", so you will somehow need to get MLS access in the area for which you are interested.

The problem with expireds and realtors - how does the realtor end up getting paid? You will certainly need to have a solid relationship with any realtor who supplies expireds to you, so that they can believe they will be compensated.

Appraisers also have MLS access.

Here is a recent thread that is related:
http://www.biggerpockets.com/forums/12/topics/34158-realtor-side-mls-access-requirements

Dick,

In the phila area, there is a service called "Evictions Unlimited" that sort of does this. Also, in Phila, there is a landlord group called HAPCO that has an agreement with an attorney to handle the eviction for members at a discount.

You might benefit by studying those two as models, if you plan to set up this type of endeavor as an income stream.

Jonathan,

Thanks for the clarification. I don't see where the revenue comes in from doing this pre-foreclosure, unless it somehow will allow for closer inspection of the premises by some willing foreclosure auction buyer. I can see where we're trying to make sense out of that, and it isn't making any sense right now.

But as a moderator, he can wipe your post so that your beating him to the greeting dispappears .. not that he would.

Jeff,

After the foreclosure auction, properties become REO, but they won't hit MLS immediately. Keep driving past such houses, and look for a "sign" posted on the door; usually, it is notifying occupants to notify the agent handling matters for that house. When you see that sign, get info from that sign and make contacts.

Oh, one I was watching after auction had a sign on it the last time I drove past it. That was a "Condemned" sign; apparently, after the auction, the house caught fire. That's a bad sign for the owner of that REO. Sorry about the puns.

The "Report Abuse" link notifies one of the forum moderators to evaluate the post. That will result in edits or removal as the moderator sees fit - or nothing at all if the post is in compliance with forum rules. And this function does work, you just have to understand what happens behind the scenes.

Also used by investors who buy at the foreclosure auctions.

Frequently, a new post will come into the BP forums, and it will be from a first time poster (or poster with very few prior posts) , AND it will praise some product / service / course / whatever. The experts here at BP will post to that effect, to alert others who might not be so wary. EWI may or not be worthy of such praise, and the more experienced investor would probably not speak as highly of EWI as a novice might.

As for these "free" weekend seminars, I have been to a few, not necessarily all from the same training entity. Regardless of the trainer, each one was a platform for an upsell to rather pricy paid training. There are threads here on BP where people have paid for these subsequent trainings, and not been very happy (and there are probably those who were pleased as well). The giveaway usually comes where they ask attendees to get the credit limits increased on their credti cards - to charge the paid training. And when you are at the "free" training, you should be able to notice that the power point presentation slides will have inconsistent background graphics - these are selected slides taken from the varying modules that are to be sold, so you get a flavor for the content of all modules without all of the meat [some of the trainers have caught onto this and gottne their background graphics to look alike between modules].

My suggestion: take the free training and avoid the upsell; more training and info are available elsewhere.

Mike,

I don't do MH, but I did read your "book chapter" posting. I would suggest you have somebody (say an editor) polish the grammar a bit. You have used the word "to" where the intent was to use "too" from the context of what is being said. In another place, you have used "pursing" where you meant "pursuing". These are kind of nit-picky maybe, but the spell-checker software still isn't as good as a the properly trained/educated human when it comes to grammar.

Tim Barry,

Your first post on BP, and it is in defense of a service provider who has been labeled as "stay away" by another post (from an established user).

Profile on BP is incomplete as well, otherwise you would have been given that award at the least.

Seems to lack any kind of credibility, and I'm sure other BP users will chime in to this effect as well.

So Tim, did you actually COMPLETE any business transactions with this company, seeing that you said "the biz is legit"? Speak from your own experience. please.