trying to fair to the 2% guys, i did go to their site, and it looked legit...

If there are no bidders, then the lender becomes the buyer and the house is then REO with the lender.Adding those statistics together is not a fair way to relay foreclosure statistics to the public.Texas and Florida go back and forth as the top 2 states in Actual PRE-FORECLOSURE postings monthly.

You will utilities, maintenance, and many other expenses assocaited with maintaining a home.

I am fairly new to real estate investing, but I have been looking around the Metro Atlanta area for wholesale deals as well as retail deals.

Hi all,After my mother and my step father checked out the location, it turns out the property is in fairly good condition...but it's the best property on an average block.

To be fair, I should deduct 5% for vacancy AND 5% for future renovation/maintenance/upkeep – bringing the income to $8,575/mo.

As for GFCI's, installing them is fairly easy and if you have any mechanical ability at all, you should be able to do it yourself, just make sure you turn the power off first.

I am fairly new to this arena, and am looking to network with other fellow Investors to hopefully do some business with.

Well vacman, IMO that's the difference between a noobie and someone (like me) with a fair amount of gray hair, much of it caused by REI.

I've normally already had the title search done, so I am in a fairly protected position even without the insurance.