Remember after a very good cleaning you should chase the water out of the gun with mineral spirits or the ball barring in the gun packing will rust and get stuck.

Chase bank came back today with a counter on a duplex that I have had under contract for ~60 days.

They estimate on any given day recently there is somewhere around $12 to $15 Billion dollars chasing investment into whole loans.

Chase Brister I actually put in an "Assignment Clause" on mine.

I noticed a letter on the ground from Chase and was able to get the previous owners name.

One the seller can verify has some teeth behind it.Sorry, but if you coach is having you chase REOs with POF letters like you have and these crazy terms in the offers then I think you need to consider what value that coach really offers.

I can say the number one mistake made is basing a rehab off of the top of the market pricing.In a declining market you want the best product in the bottom 50% of pricing for the immediate area.This shows a great product at a great value to buyers.If you overprice and chase the market down you will stay behind the pricing curve and never sell.The name of the game is sell it quick for a decent profit and move on to the next one and not get STUCK.

They would chase me back to my house and taunt me as I took shelter inside.

Good returns but more work chasing around.

Investors and brokers is a two way street.Being that I am both I understand both equations.If a buyer came to me for a certain area wanting a fully performing property at an 11 cap and I know for a FACT that properties in that area are trading at 9's everyday of the week then that buyer is unrealistic.I will say it is fine that an investor if they choose wants to go on a wild goose chase for a year to try and find a property that is very uncommon in the marketplace to purchase.Just do not expect any broker or agent who values their time to go on such a mission.