A good TK player should leave some meat on the bone to make the investment attractive so that that investor will come back to him for more--- They can still buy right, get a good return and be passive.

I went with my clients and other investors. they are fun to watch ;) you do realize the same players bid ;)these are my observations, this took place in a formal court house, 4 hours long :) 1. most property are postponed or resolved, those up for bids mostly no one bids. and bank get it at cost. 2. bidder vs bank, if bank out bids bidder.. bidder withdraws, bank buys at cost.3. bidder vs bidder, bank waits til highest bid. then steps in, if bid higher than what they want winning bidder get it for end bid amount.4. bidder vs bidder, bank wait til highest bid, steps in and if bid is under, bank bids higher. if bidder withdraws, bank buys at cost.I think it's because bank wins most of the time. the unfairness I felt at the time was that bank wipes out the bidding and buys at cost.

He is absolutely correct that those who fail to recognize that notes are a finance function, not real estate, that it is a highly regulated area requiring expertise that is not easily taught and that these players are taking you for a ride.

But suffice it to say FSBO's have a hard time putting deals together other wise you would not even need a RE business at all.Help you sell was one of the first discount brokers and they did OK.. but there are many now. your just not going to get those discounts from the big players like Intero or Alien Peniel etc.

The recession took a lot of players out of the game that were never able to recover and bounce back.

It's a tide that's happening, and in my opinion, players everywhere are well-advised to recognize what's going on...

Recently, HH Gregg and Gander Mountain have opened stores; several other new players will be coming into the market soon.

Even 5,000 units, the more units, the better.And like I said in my original post, I know there are institutional players in this space but they are also looking for stabilized assets.

Soooo a few NFL players and once a billionaire (owned Insurance Co?)

So i'll tell you that your introduction, while valuable to you, will likely cut you out given the key players size and experience.