@John Woodrich - I think what the clerk was trying to say was that the tax deed typically does not convey title with it. 

I am wondering what the average investor can typically expect for a return when they do their homework.

I own a unit in a high rise building in New Brunswick NJ that I typically rent out to college students via my own network.

There are already statutes and regulations regarding fraud and deception in real estate transactions.Educating people who want to be educated is fine, but if a governing body restricts the pool of ready and willing buyers, more properties will go to foreclosure and sit on the market longer.Real estate investors perform a vital function in every jurisdiction: putting properties back on the market, in good condition.Many of the properties they buy could never pass conventional lender's inspection because they typically require tens of thousands of dollars in repairs that most homeowners do not have or cannot do themselves.Additionally, many real estate investors near metropolitan centers can access almost an unlimited pool of funding to buy and remodel properties if the numbers work.From contract to close, the time can be in as little as 3-4 business days.The delay is mostly waiting on title companies.So when flippers mail letters and post cards to owners saying they can "close quick" and "all cash", that is a fact, not fraud.Of course, realtors will recommend you list your property – that's how they make money – so they are self-interested, which makes the report biased.Maybe next time you can have a "flipper" on you show for balanced reporting.The idea of anyone feeling "pressured" by getting a post card or flyer is ludicrous.If the homeowner doesn't want to sell, the solution is to throw them away.But the idea of "there ought to be a law" is equally ludicrous.If there are bad actors committing fraud, the answer is to enforce the laws already on the books.Out of all the properties posted for sale every 1st Tuesday of the month at the trustee's sale, a very large percentage never make it because they are bought by the very flippers you disparaged.If not for the real estate investing community, cities around the country would look much, much worse.My biggest complaint with your report is that you completely failed to get the rest of the story.Your editor needs address this."

@Tiffanie Harris you can typically bring the claim as a representative of the Trust but you need to contact your local district court and see if they have any special rules.

I'm fairly new to the forums, but its great to meet someone from the same area.My goals in real estate are the same, to not have to work a typical job if I dont want to.

Typically if the parks are kept in good shape and you pro-actively build a relationship with zoning/dept of health you should see fewer issues. 

Typically, this takes a lot of marketing because you must have sellers contact you before they're on any list or negotiating with others in any way.

I was your typical American until I discovered BiggerPockets.

Hello Bigger Pockets,

I am trying to get started on my first multi unit to house hack or even just do a simple FHA loan in NW chicago (portage park/ Avondale, maybe hardwood heights).

But what I’ve noticed is that t...