I have several lenders I work with that dispose of their REO's through my companies services.I can get the following assets at the following rates:REO's nationwide @ 65% of valueRedemptions nationwide @ 63% of valuenon-perfroming notes 1st and 2nd positionHere is the catch...you must be able to purchase in bulk.

It's kind of a catch 22.

I actually didn't catch that part when I first read the post.

Anytime a place is empty many landlords tend to catch up on deferred maintenance, this is a bad idea as it costs you in forgone rent.

If you really wanted to catch the foreclosure notices first, a trip to town hall would benefit.

I have had clients hand me 20 pages of photo copies of Home Depot receipts- not a good start.

Pull it on CL and the same happens if they catch you.

The gal I referenced yesterday - she bought early in the year a 110 unit multifamily project with 80% occupancy and with an aggressive management change and catching up on a backlog of delinquent maint. requests has pushed occupancy to 94+% over the past 6 months - an impressive value play.Her strategy is apparently focusing on the the B-/C+ multifamily asset class as there is stong demand at this time in the market, and given the disasterous economics there, she opines demand in that niche will continue and perhaps even strengthen.

1)Catch up on work for August that i missed because of traveling2)Finish decorating, and tidying the garden on a rental I'm helping a friend with.3)Start work on a new client management system.

that is way funny. i wrote that address down but i haven't checked it out. he had everyone going at the phoenix meeting when he was sayin he was planning on giving away his system for free....but then the catch was brought in hahha.