Present dollars are worth more than future dollars, especially when your money is worth 18%+ as a real estate investor.

If anyone is presently doing this can you share some advice or experiences with me.

But you need to know what your niche is and to build your team that you are ready to move when the deals are presented to you.

In western states you would go to a title company before bidding and get a commitment from them to provide title insurance based on the present state of the title.

In hindsight, those offers were not good ones and I don't think I presented them well.

If the seller has engaged the services of a realtor to list a property for sale on the MLS, then you certainly can have your own realtor send you those listings, arrange for the access to the building via the lockbox, and then you have your realtor present your offers to the seller's realtor.

What he's trying to get across is that you can't make decisions based on the criteria that you are presently using.

Originally posted by "mike_mn":Banks don't want to own real estate. .Minor detail.Banks legally can not own real estate other than that which is necessary for present operations.

They have been there for five years and have a strong presents in the community, so I think they would stay.

Surely, if you have owned and operated a bunch of rentals, you would have read profit and loss statements for those properties and know what the expenses are.Have managed, presently use property managers in each area.