You will find resources here from blogs to pod casts and forums.

Invest in your investing education (books, pods, mentors, network)4.

I sent them a lot of "good faith" payments to be elilgable for loan mod reviews, but never got one, and all the money  I sent seemed to go to things other than the actual mortgage payment.

But if u postpone the 4clsr, and get the loan mod or shortsale, could be a smoking deal.

I've also found that duplex and triplex properties are around the same price range as single family homes because the pool of people who want them is so much smaller, there is a great pod cast on this is your interested.

my normal practice is to inventory personal property, document by video and move offsite using 3rd party service and storage or PODS. 

Residential REO volume has gone down significantly because of the ROBO fiasco and doing workout loan mods in pre-foreclosure and short sales.There is a difference between a commercial OREO broker and a residential REO one.Residential many REO asset companies have just a few assets trickling in for the amount of agents that have applied.So these companies charge computer platform and system fees and mandatory training sessions and bilk the agents out of what little cash they have.The net 45 days is also not true in many cases.They are supposed to pay in 45 days but many times delay payment for 2 months or longer.This makes the banks or asset companies float interest free loans using and abusing the reo brokers/agents.Then too add insult to injury they take a 1 percent fee off the top with only a 2 percent payout afterwords.Sometimes the bank will start the listing price high even though the listing brokers opinion doesn't agree with them.Then they re-assign to another agent and take a mark down and you are still chasing the bank to pay you the costs incurred with the listing.What you don't have on the reo listing side is CONTROL.Some of the big REO companies HAVE TO sell hundreds of properties a year with volume or they actually LOSE MONEY.For this reason many of my friends have gone to the pre-foreclosure side which is what I work on the commercial side more.Since I work with the borrower the bank has to deal with me to close a transaction versus trying to get into a "good ole boy" network where a company might have a 50 year relationship with a bank already.You can't focus on what you can't control but just take advantage of the opportunities that present themselves and capitalize on them.

Don't forget to pick and choose the excellent pod casts as well as review the materials in the learn section and the blogs are good info as well.

You will find resources here from blogs to pod casts and forums.

You will find resources here from blogs to pod casts and forums.