We are also looking for joint venture for vacant land and master lease/options for any of the above!

The strategies I learned were Canadian base but same principles apply when investing in US, just have to watch out for by-laws.My goals for REI is to do well enough to fund other ventures and to provide a substantial amount of cash flow for me to be financially free.Looking forward to being apart of this community.Eldian

If I had to venture a guess, I would think whether a low offer is accepted depends on the number of properties they're trying to move in the area and the location.

But then I can recoop my funds for other such ventures IF the economy holds for sales.

I've been at my computer the whole day and was just about to quit with my new venture.

The last note buyer I worked with paid 90% of the note value (10% discount).I would venture to guess the property must meet certain criteria, but all in all 50% discount seems very, very steep.Either way, yes you could owner finance and then sell the note, but you will be having to sell at some type of discount and would have to have that in your spread at purchase.

I also use quickbooks pro for the accounting of my RE portfolios as well as my other business ventures.

I have a partner myself (through a joint venture agreement) and we split 50/50 but he finds buyers and I find the sellers(sometimes vise versa).

I love when agents venture into real estate investing . . . by doing so, you become fully vested in the field, and can then speak with some personal experience to your own investor clients.

I don;t have any pics, but I would venture a guess to say Detroit would win this contest...some ridiculous stuff