Sometimes, not all that frequently, but sometimes the lender will redo the house between the auction and the REO being listed on the MLS to make the pretty more desirable and more salable. 10.

Try to read and contribute in the forums as frequently as you can.

Looking at an single story 8-plex building and the numbers work, but there are a few items that bothered me.All eight units (1/1) are currently occupied, tenants are either on month to month leases or no lease at all, but they all pay on time (according to seller).It's an approved short sale, owner is the broker, and is saying tenants are getting a bit impatient with frequent visits from buyers, he wants the buyers to waive the inspection contingency, which I have no problem doing if I can see ALL the units at my own pace and make sure I know what I am up against repair wise.There are a series of buildings in a row and the tenants all seem to know each other.When I went to see the building, the owner/broker told me someone would meet me there, a Maria.

hello fellow east Tennessean. good to see more of us. ive driven through morristown a few times back when i was in college. just not as frequently as knoxville of course. welcome again!

Name transfers happen frequently with properties in foreclosure.

I imagine this issue comes up rather frequently for some of the more active investors out there.Again, any thoughts are greatly appreciated.

If they are a fit, proceed to a showing and application.We have a 10 unit apartment situation and frequently are given several potential tenants by our current long term tenants prior to any our marketing (sign/craigslist).

In addition to me learning, i'm building relationships that will only grow as my education does which equals more opportunities & profits for all of us.A great book that has helped me and I see recommended on here frequently is The Millionaire Real Estate Investor by Gary Keller.

I think you are short changing yourself on 6% for maintenance ... plug 10% into your estimates and see where that lands you.An ESA is an Environmental Site Assessment - lenders {more and more} frequently demand a Phase I assessment be carried out, and the property cleared, before funding.

I decided to start investing in Memphis b/c I heard of a turnkey company on a podcast that I listen to frequently and decided to go for it.