Hello BP I have been watching a show on A&E and I have passed by when public storage facilitys have been in the process of auctioning off peoples storage units, I was wondering has anyone on BP attended these type of auctions, any stories ?

I suspect such a post would be torn to shreds by our members.If you're getting unsolicited e-mails or PM from members offering this or any other sort of deal, please report them as this is a violation of the BiggerPockets terms of service.Real estate seems to attract a large number of scammers and hucksters.

E.

In Cleveland they have the Land Bank which is purchasing these properties and selling them to investors to flip (per their code, during an agreed period of time) or they are marking them for demolition to reclaim the space for certain usage (ie parks / green gardens etc).

My plan is to find a broker that will back me with his/her broker's license in exchange for a share of the company, with the understanding that I can buy out that share using a predetermined valuation method at any time (as in, when I get my broker's license).I think under this scenario you can still do all of the functions of a property manager in addition to those "ministerial" acts that do not require much in the way of judg(e)ment.You are correct, though, that your broker has liability if you mess something up.

The glut might not be what it once was but it is still a glut and a buyer's/renter's market.For example, at 2 E Oak St, you can rent a 1 bedroom on the 10th floor for $1275.Or you can buy one on the 12th floor for $250,000 plus $461 in assessments and $200 in taxes.Which sounds like the deal to you?

The holidays came and went and we didn't hear from them...so I called, left messages, e-mailed and then he finally gave us a call back saying the loan didn't close because the lock expired.

I just hope they last as long as suggested.I used these in the house, and love them: http://www.homedepot.com/buy/ecosmart-6-in-95-watt-65w-led-downlight-e--eco-575l.html#.UMjSocWHKSo-Steven

The title company should also have an Escrow Agreement that states the same usage of the funds where the buyer will acknowledge you using the funds to acquire the desired property.

So, posting a phone number can potential result in a lot of calls or e-mails, which in turn results in complaints.