Basically we're all gamblers, some putting it all the line with spec houses and office buildings, etc., others playing it safer with less risky ventures.

If the property is basically in a tear down state then you would figure cleared land value minus the cost required to remove the structure = distribution value.

Bill Gulley - having read other posts from Eric, Eric Michaels is already an experienced sheriff sale buyer, so he kind of knows the basics; he was trying to get specific details for Indiana, from somebody who might know Indiana.

Basically, he is apart of a hedge fund who has a 10 year history of producing 15% average returns in managed futures.

I've noticed some area's have a lot of commercial on the MLS, some basically have none.

It stars Survivor contestant Russell Hantz,his brother Shawn and their Realtor Kristen Bredehoeft.The guy(Russell)is basically an egomaniac in the worst possible way.

We have basically taken C class buildings and did full renovations for about 10,000 or less a unit (bought 15,000 a unit under market) and created a product the our local market didn't have before.

My Cash on Cash return would be 15.78% and a cash flow of $99 per door.I am basically offering him 58.5% of the asking price.

So basically Bill agrees with me, but OTOH he doesn't!

We had 4 4plexes at one location that were basically hands off, a triplex that only took a couple hours a month and several single family, a couple of them were management intensive about 5 hours each a month.