The home that I am looking at is scheduled to go up for auction next month, I got all of the info from the county sheriff’s auction web site.

I am begining to realize that I am developing an addiction to this site!

List price $440,00016- 1 br units; one building; upper and lower units1 vacantOn site leased laundry (2 machines)Landlord pays water and gasTenants pay electricRevenue per unit(stated):11 @ 4151 @ 4402 @ 4301 @4201 @ 410Laundry $1100/yrTotal Rev $81,320/yrExpenses (stated):Gas/electric $8626/yrWater $4300/yrTaxes $8000/yrIns $3000/yrYard Maint $1490/yrTrash $804/yrTotal Expenses (stated): $26,220/yr (well below the 50% rule)Tax information: last transfer 1999; 54.2663 mills for non-owner occ.; current SEV $162,400; taxable value current $145122From the listing agent: Nice old lady has owned them for 30 years; built in '70's; currently has one vacancy; all units are 1 yr lease; half of tenants have been there for a very long time (years); other 8 units turn about 1x/yr; great neighborhood; upscale community; walking distance to downtown; roof is 4 years old; hot water heat (LL pays); "A" propertyHave not seen the inside yet, from the pictures I've seen the kitchen/bathrooms are outdated.

one question i would have for you, is are you requiring these people to be "on-site" while doing this for you?

im trying to become more acquainted with the foreclosure market and have been doing some research on certain foreclosures here in my area but i am unable to make it to the auctions to see the final selling price and t...

I just switched it over to a "Sales Page" type of site… I am just testing it now.

I'm going to re-design my web site.

I also have a lot of motivated Sellers (don't we all), who are looking to sell or have someone work a short sale with them.With all of the great information on this site we can all make some money together and we all know you can never learn enough about this business.

Welcome to the site Steven.

Just found this site looking for any information about how to get things rolling quicker than my current plan.