Brokered deals are held in strict confidence and the only other way to come up with data is to contact a principal in each comparable deal...all of which are likely to be underwritten either incorrectly or in a manner inconsistent with the way you would do it.It doesn't matter what the market cap rate is.

I'm going into week 3 with a A/C guy who was *Supposed to finish this evening*It is a easy rule to remember, but much harder to practice.If a seller is supposed to perform work after closing make sure there are funds held in Escrow until the work is finished.....IF you are buying foreclosures that are not in a platted development, be sure to get a survey.

If you look closely, they're on the same piece of metal.

And this is SoCal so my FSBO sign brings in multiple buyers.It used to be that the Realtor would bring in a buyer for more than I could get on my own but that no longer is the case with the values being held down by the appraisers.....So the question is - are any of you using Realtor's any longer and just losing that cash for no value added?

Retaining equity in the property avoids needing a commercial broker license.After your first deal closes, you'll want to keep your equity percentage above 10% on commercial deals, so that the IRS affords you all the tax shelter benefits of an “active investor.â€While learning to become a syndicator of small commercial properties, if I were starting out today, I would concentrate on wholesaling residential REOs held by small community and regional banks in your nearest metropolitan area, and you’re near a good one, as they move much faster to get rid of properties than national banks.

Think about it as if you held the loan and you were not sure what the homeowner was going to do like destroy the property on the way out, file BK and stall your only way to recover your money.

Most homes or properties that have a mortgage held by a bank will be redeemed on the last day before the auction.

I love the folded metal look.

In Bill's reply, where he has the word "Member" you should substitute the actual title held by the person who will be signing on behalf of the company.

Same with trusts, but I have found that there is usually no hurry if the property was held in trust and the trustee does so much property dispositions that they call their agent or auctioneer.Is it profitable, yes it can be if you are lucky to get in the loop and are skilfull in dealing in distressed situations, willing to put up with all kinds of problems that may surround the estate, like mortgagees and claims/encumbrances.I have had a few good deals, but I think I earned it too!