Thank you for cracking me up in the middle of my silent office, Tom.I mean, you're right about East Cleveland, but I just have this image of you waving your arms and shouting STAY AWAY!

The owners have never wanted to make waves with the tenants so they've never confronted them about raising the rent.

I'm piling up cash for next wave of distressed inventory :-)

So they let the ants do the heavy lifting and grunt work to find the deal while they are on the beach somewhere watching the waves roll in.I do not know anything about this particular promoter and I am just speaking in general.I did see on Facebook tons of these in Atlanta.

The you have the seller reduce the price and your agent waves comissions in that amount.Now if you are the seller.Simply  have your agent list it and agree to not charge comissions.

But, when those properties appreciate in value it's nice to ride that wave by having your own rentals.  

I am building some specs right now in Seaside and part of our marketing is we are above the Tsunami zone.Although if its a 600 foot wave like the article talked about we would still get wiped out as we are only about 150 feet above MSL.

Of course none of us can wave a wand and make money appear, but the point is to decide what the right amount of money is to spend.  

I use Wave for my one rental, it is free, and I can have multiple LLCs under one login.

@Wave Taylor auctions are a very common way to sell property in Georgia so I go to a lot of them.