Thanks James, I looked through that forum and I wasn't sure if the people that were routing for Phil were put up to it by him or if those were genuine responses

Luckily for me, I'm involved with a local community of investors in Dallas that not only genuinely care about your success in real estate and whatever business venture you decide to get into, but also walk you through the whole process..

I kept hearing people saying when in a REO situation, if the bank came back with a "HIGHEST AND BEST OFFER IN 24 HOURS", presumably in a multiple offer situation...that you could offer them $1 or $100 or $500 OVER the highest offer - provided that they can show you that there is a genuine offer for that amount.Not to mention you are at the mercy of a crazy buyer who is willing to overpay...unless you have a built in contingency that gives you an out.I assume if you are willing to do that, you are really calling them bluff.

Some insurance companies tend to try and slide their way out of a genuine claim at any opportunity, so how would this grey area be any different?

I've been reading all of the lease option, contract for option and contract for deed threads and none of those models are as attractive as genuine owner financing.

I began to take a genuine interest in the business, and have gone from the company "envelope stuffer," to having a portfolio of 15 HOA's I directly manage.

I sure don't come across many natives that's for sure and when I do its so fun talking about the transformation!!!

It's amazing how that city has been progressively transforming, and even though it's got its bad parts it just feels like there's tremendous opportunity there.One thing you'll want to check in Tacoma is ground pollution, especially in single family homes that you're planning to use as rentals.

I think that they are genuine and that they want to do well by others and in RE investment.I ended up not moving forward with them at this time just do to other "life" situations.Just thought I would clear that up on my end!

I have seen the value of the book and the trans formative effect it has had on peoples thinking.