Most REO type auctions require seller confirmation which most of the time means a hidden reserve is waiting there.Last one i bought I picked up for a song, but it took them 21 days or so to let me know that I did win it.

You can start reading from the top, or scroll down and pick the topics that interest you most.Do you know we have a Podcast?

Of course, also use rents on the conservative end and I would want to know in MI if the units are individually metered on heat (like my fourplex) or if I picked up the tab for heat for each unit.

I'm in the process of picking up 5 properties right now. 4 of them I am using homestyle loans and the 5th i'm paying cash. 

And although it's only been a month since picking up that book, I have found myself devoting a couple hours a day into this new endeavor with podcasts, articles, and webcasts.

Once you answer your why its easier to pick a path.

And if you're ever in need and don't have references, you could always do like J Scott would do; go to a Lowe's or Menards at 6:00 and see who's there picking up supplies for their jobs of the day.

When I'm on a tight budget (Always) I find a higher success rate from "Driving for Dollars" where I literally drive around a target area and pick out homes that look neglected or in need of some attention.  

I have many licensed attorney friends that specialize in real estate law who I can and do call all the time and pick their brains. 

Older residential properties in poor repair are likely to be picked up and ploughed under as part of secondary commercial redevelopment.