Hello, Everyone,I ran across this Real estate website, and wanted to learn about real estate purchasing, and after I realized that the seminar was a waste of my time.

But I have no idea if making this change will actually effect anything or not.

My guess is that long term negative rates will not have a huge effect on residential OO real estate.

I like the back-out clause (10% of the expected price, or something to that effect)@Sean Cole- I thought the premise of that show was that Chip/Jo were basically a one stop shop for their clients, from purchase to sell and everything in between.

So I felt I wasted 2 days of my time for the 4 leads I actually got and never closed to had anything come from it. 

Hoping bigger pockets will give me more understanding of how to make the more effective decisions in the market.

This seems to waste a lot of money on attorney fees even before we start the investment.

@Terry Koepp You'll want to look into and understand UBIT (unrealted Business Income Tax) and how it will effect your investment.  

Keep in mind some things won't show themselves for awhile, a house usually gives up most of it's ghosts in a 1 year cycle, this allows it to go through the seasonal changes of moisture, expansion and contraction and tear itself apart where it needs to, tile floors will show cracked grout within a year, letting you know they weren't installed with proper underlayments, drywall will crack at doors and windows showing the house movement do to soil getting wet and drying out where it shouldn't, the basement will get wet showing you where the freeze thaw is effecting it, paint in bathrooms will show mold in a year showing you that the flipper didn't vent exhaust fans properly and the list will go on and on... 

So how do I figure out which ones will have a higher probability of going to a 3rd party bidder so as not to waste a bunch of time?