Judy Rahbar There's a saying in real estate, "all real estate is local" and it's so true.

@Judy P.Its in bayonne NJ.

"Georgina Smith hereby GRANT(S) to: David Jones TRUSTEE OF THE Tom Brown Susan Brown Jim Stack Judy Stack Terry Wright Patricia Wright Trust"The subject property is in GA.The home address of these people is a SFH (in FL), I verified it on Google streetview.  

As Judge Judy is fond of saying: "if it's not written down on the contract, it never happened"!

Hello Experts,I read alot and tried to get into foreclosures(in my area in Iowa) but found that alot of time/work/money/risk involved for a little or sometime may be descent money (if you are lucky or can sell it on the prices you expected initially) ... but I am not sure all this work is worth for what you are getting..I am in in a process of planning future and deciding the best route for investment option, basic goal is to get a regular monthly return/income while i can keep working on my current full time job, i can invest in either buying a multifamily/apartment building having 25+ units or buy a hotel/motel or buy a land and construct a apartment building(not sure if constructing a building would be bettor of buy an existing one).My target area would be 1.

Hi @Judy Graff!

It's for bettors, not investors, in my mind.If you are a long-term buy and hold investor, then you want to be looking for stable markets with strong underlying fundamentals of population growth and job growth, and you want to be looking for strong cash flow with a built-in margin of safety for when the economy inevitably turns down and your vacancy goes up, so that you can still meet your debt service and not get foreclosed on.So many new investors see other people making money in a hot market and want to jump in too.  

Originally posted by Account Closed:Stephen Adams Ridiculous.When I see the expletive "ridiculous", I hear Judge Judy's voice to go with it!

Assuming all of this is true, especially the list of lenders as noted above (and not for example a "lender" under a Deed Contract or Installment Note to Mom & Dad, Aunt Judy or Farmer Bob),  and assuming that we're not in an absolutely rural locale, where the REI/Wholesaler actually may have a better network than an area's licensed Agent from 5+ miles away... ...Then what possible value could a wholesaler actually add **from a Lender's point of view**  in an REO transaction?   

@Judy Lipinski sorry I tossed most of the brochures for the newer stuff.Our 1800 sq ft ran about $14,000 but it was a commercial application.