I've now grown my businesses providing the services I've learned to others since it is definitely not a buyers market in the areas I prefer any more.

or do you wish that you would of kept grown will single unit options?

Hi Jordan,Wow the bike will help the cardio but it's going to take some time to cover a lot of area.When I was DFD I would look for worn roofs, over grown grass/landscaping (not normal for the area), papers or mail piled up, cars that look like they haven't moved in years, trash or boxes (hoarder) and flyers or paper stuck to the front door.

It is a great meetup...and has really grown since @Jean Luc has become more involved. 

Inventory has grown to 60+properties a week now and i can do them all in 1 day cutting cost down to have an income of $1,250/mth for only 8hrs a week all from 1 craigslist ad!

You have to know where the file is at with the bank.Is it in the foreclosure department,short sale department,customer service,collections,or loss mitigation.If the loan is owned by a small bank they tend to do workouts differently than the large ones.Options will depend on if it is Fannie Mae or Freddie Mac backed or it's a conventional loan.The process of lease optioning back to him is not allowed anymore and these are strategies investors use to use along with assignments and other things.The banks after short sales have grown in the last few years have systematized everything instead of flying by the seat of their pants on each file which is how we did them 3 to 5 years ago.It used to be a person in the loss mit department that would handle all the short sale files as the others didn't really know how to do them.As files grew the banks started up whole departments and hired file originators who were laid off from the loan origination side and moved to the loan default side.The banks have riders on all these types of strategies now where you would be committing fraud if you employed them.Once they enact a rule with addendums you have to find a new way to do deals and change strategies.If this person has recovered then their best best is to go after a loan modification especially if they want to hold onto the property.I am seeing permanent loan mods where the lender will put back payments into the loan.ExampleLoan is 140,000With back payments,penalties,interest,attorneys fees etc. now 150,000 is owed.Interest rate was 5% but now has adjusted to 8%They will adjust rate down to 2% for first 3 years,then 3% for 3 years, and so on and when they hit 5% keep that rate for the remainder of the new structures loan.The borrower might have to bring a few K to pay reinstatement fees and as not all back escrows and payments can be put into the new loan amount.The lender would rather do this than foreclose and take a big loss.The 3 month trial plans are easy to qualify for but the permanent restructures I mentioned are harder to get approved.If they deny the borrower for the first loan mod then they can ask for another.Many servicers can offer 2 to 3 different types of loan mod plans depending on the situation.Why would a servicer do this??

Recently I have grown to become more disciplined with my investment endeavors.

It’s a solid concrete building but windows are busted out and trees are grown up all around it and squatters have been in and out.

They had two things in their favor when they started; 1) - they started with roughly 300-400k and spread it over multiple deals and 2) - they got started in the early stages of the recovery (2012-2013).It is possible to build a nice passive income but as shown above it usually takes some decent capital and the right time in the market to really get it going.The folks I referred to are making 200-300k a year passively and have grown their net worth to between 2mm and 4mm and travel all the time. 

Hello All,I have been dabbling in real estate investing for a few years, but have not grown at the rate I would like, mainly because I work out of the country.