(full disclosure-I knew the guy, or know him, he's not dead just gone from the auctions and haven't talked to him in a few years, but he was always nice to me and I don't have a clue as to the validity of the federal charges against him, but he always treated me decently and I've got nothing bad to say about him and I know other landlords who've been demonized and slurred as slumlords when I think they simply bit off more than they can chew, while other real slumlords seem to operate for years, as long as they don't get too big) He used to kind of dominate those auctions and maybe that was a good thing, as I'm sure there's a whole cast of characters who've filed that void.Thing is, ANY property under $100k, maybe even under $150k or $200k will certainly have multiple bidders, there are a LOT of people like me when I'm looking, who have the subscription to the sheriff's sales info reports from the Daily Reporter ($600/year and you get the results emailed to you in an Excel spreadsheet on Tues, next weeks auctions emailed on Thurs) and another good indicator is I'm on an email list for one of the firms (actually out of Chicago) which handles a tiny, tiny fraction of the cases and I've looked at the "cc list" or whatever you'd call it if ALL the addresses that email is sent to and there are HUNDREDS of them on there and this is for I think Johnson Blumberg, who many weeks don't even have any cases in MKE or Waukesha Cty.

That's the next type of real estate I want to purchase next! 

Looking to get more into real estate. 

Even if you are losing $500 per month which is ideally less than you'd pay in rent AND you get the other benefits of owning real estate like appreciation, value add equity, and the tax benefits.  

Also going to guess most of those listings are just "token listings" so the PMC or agent can tell their clients they have listed it on the MLS for maximum exposure, but either:1) Really don't want to share whatever amount they are charging the owner2) Have negotiated such a small amount with the owner that there's nothing to really share.It'll be interesting how this all changes with:1) NAR settlement on commissions2) Slowing real estate market with DOM increasing.

That is because at that point you are an owner, just like any other owner of real estate.3.

You can also find real estate investing groups through meetup.com, facebook, or a Google search.

There are other options for folks with limited capital that may be more suited for the average new investor with limited capital.

Consider a new betting game for real estate investors.

Hello Everyone, I’m Lotus, an Real Estate Investor and program/project manager.