Real Estate markets can certainly vary drastically within even very short distances here in the states.As for the $1 houses . . . if a deal looks too good to be true, it probably is.

Housing Stinks, etc. but in reality, this is one of the best times ever to be a TRUE investor.Remember the movie Wall Street where they mention that Gecko was short selling NASA stock right after the shuttle blew up.

One looks at individuals developing entire shopping centers worth millions and it seems inconceivable that personal credit is more important than the equity that they can provide.And if personal credit IS important, how does one deal with it short of fixing it, waiting years, etc.?

Looking for a destination that offers some of the best watersports in the world including diving, kitesurfing, snorkeling, a vibrant nightlife, a choice of restaurants and cheap shopping at a fraction of European prices?

Regardless if it's 100% true or not, I'm wondering if banks would be willing to accept less for REOs if an investor can close the deal by the end of the year and the bank can report cash on hand and 1 less REO?

Mixed up who was stealing the cars and who was runnig the chop shop.

Is that true?

You can look at what similar buildings went for via the price per square, but it's true valuation stems from the NOI (Net operating income).If the gross rents are $3k monthly and the lease is a NNN, then your only expenses are accounting, legal, administartive, entity formation, and PM if you choose to use one.Assuming the total operating expenses come to 20%, your NOI= $28,800If the going cap rate in that area is 10%, then the value is $288,000If the going cap rate is 12%, then the value is $240,000.$3 per square NNN for industrial is pretty cheap, although I am not familiar with your area rates.

That would be a tragedy.If any of this bear talk comes true, we can only suggest to get out now and move your funds into a more profitable vehicle, I suggest real estate!

Good Evening Everyone, I have read alot back and forth on here about the legality etc of using a Subj To deal and how the banks will enforce the "Due On" clause if you try to do these deals.I have a question, I heard something tonight and just was trying to figure out if it was true or not.