I have been analyzing several deals lately, speaking with local zoning and planning department and I need advice on this deal:Lot size:   2.7 acresLand type:  Residential (R3)Lot is Buildable for only 1 home (because of its size) which is what I was told by zoningBehind in taxes:  $800years behind:  3.5Title:  no other liens on title with the exception of back taxesOwner Motivation.  

I drive by this multifamily near my house in Central Jersey all the time and it recently went up for sale. I called the listing agent to get the details: Home has two, 1 Bed/1 Bath apartments (upstairs and downstairs)...

I drive by this multifamily near my house in Central Jersey all the time and it recently went up for sale. I called the listing agent to get the details: Home has two, 1 Bed/1 Bath apartments (upstairs and downstairs)...

Here is a list of some of the more popular ones: http://www.biggerpockets.com/forums/12/topics/1701...Best of luck!

I mainly want to know how popular this is, the typical bid amounts and how many properties per hour are usually cleared.

I do not own any properties either but Iʻd love to analyze and look for properties with you!

Why is Birmingham, AL more attractive than other popular places?

@Mark Shaffar  Dawns sharing her success for sure then her partner in CA doing a  POD cast and the next thing you know you spawned a new Turn key market there in Milwaukee.. so its good for the city ,,, contractors and others.. just puts pressure were very little existed with the local investors before it became popular. 

If he wants you to put money down, then I would say I need to analyze this deal better before I can do that.  

Bandit signs seem to be pretty popular, and I see them all over town.