There is a huge parcel of land 110 acre 650K comp pacre parcel going up for auction due to taxes.I pulled the records and discovered the parcel has about 300k in IRS liens and 2k in state liens.

I've been trading options for about 3 years & I discovered it from a Robert Kiyosaki audio book .

I'm brutally honest with folks when I discover their scenario and tell them that I may not be their best Plan A - but leave it open and follow up in the event that plan A doesn't happen.

There are times that additional issues are discovered not disclosed and that's when your negotiation skill come into play.If the 'discovery' is absolutely necessary to allow completion of the bidded work and you can't come to an agreement as to a new price - - you're up a creek.

You may discover your target acquisition to be a zombie property (over-encumbered but not lender owned...yet).

If I had to guess, he simply pulled comps based on the lot size and the house size and didn't sweat the details - in fact he asked me zero questions about the property; that would be the laziness component.  

My name is Matt Peterson and I discovered Bigger Pockets today while searching for real estate investing podcasts.  

Just discovered bigger pockets and am in my infancy in regards to investing.

You don't want to discover you can make $1,000 per year after you spent $100,000 to buy the property.  

FYI there's no such thing as a GC license in OKAlthough, a GC does pull the building permit downtown and must have general liability insurance and Workmans Comp on file or a waiver on a file which says that he has 0 employees