To protect my customers and company, I had no other choice!

This is against public policy in NC under the liberally construed Real Property Marketable Title Act statue and its related case law. "...marketable record title shall not affect or extinguish the following rights... (11) Deeds of trust, mortgages and security instruments..."

Essentially, this means the borrower signed and acknowledged the obligations of the mortgage in the presence of a notary public and two witnesses.

Real estate investing is seldom hands off if you want to protect your capital.I also agree with Eric that transactional funding is almost gone except for the 30 day hold model, which is something else entirely.

I've heard previously that a lot of commercial brokers don't publicly list their properties.

I have negative net worth so nothing real valuable to protect in a lawsuit at the moment :) At some point I will get more serious with that as my financials should finally start swinging up as I go through my 30s here (college debt can be brutal!)

Comps have to include all photos, and public and agent remarks(read them, this is like xray vision). if the street you are on is busy then you want other comps on same street if possible. 4.

Owners work with contractors, management companies, vendors and the public at large; owning land allows you to bring people together to take ideas and create projects that result in everyone being happy.

I know a really good one who has done many of his own real estate deals.This is the best way for you to protect yourself, your interests, the property and the sellers.

My quad's come out to 64,000 a door for 850 to 950 a month in rent on my apartments.I don't look at it only from a cash flow perspective however.The area I have the buildings in is an A location prime for redevelopment down the road.Mike it sounds like your local market is competitive with investors and your margins are thin.On one hand it is good to be in a thriving market where demand is strong because usually supply is lower and the amount of rentals and new development for multifamily cannot meet demand.This helps rents grow at a rate that outpaces utility increases and inflation.The downside is it can make some investors overspend on a property because they feel good about the market.I looked for over 2 years before I bought something.I said many times those buyers were nuts.I tracked the properties and many investment properties after purchase just 1 to 2 years later went into foreclosure.They bought at such a price that it wasn't sustainable.I look for a 10 CAP or better on my purchases.The problem is if you someone who has only gotten 1 percent interest off of a CD or Treasuries or they have gotten beat up in the stock market.Those types of buyers jump up and down to get a 7% annual CAP return beating out your offers everyday of the week.By in large many buyers like this can be lazy.They only look in the MLS for listed properties.Value can be found marketing to sellers that are not on the market.They don't want to make public all of their problems ( I know it is common knowledge of default at some point but this is their mindset ).