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When your making money either buying and selling property or you have cash flowing properties, how do you manage your money ? What do you do to maximize your dollars ? Do you build up your profits and save for another investment or do you pay down your debt on your loans that you have ? or maybe you put your profits in the bank and let it earn interest ? etc ...

Thank you

Foreclosures are up all over the nation and I believe that people will own so much money on these homes/multi familys etc.. that when they go up for auction, they won't be a deal because they simply won't be worth it because of the huge loans on them. The real deals in my opinion are going to be the homes/ multi familys that are around the foreclosures and there value will decrease a lot because of the huge amounts of foreclosures. What do you think ? all opinions are welcome ........

If your looking at a property, how would you estimate repairs ? What would you look for ? and once you have a figure in your head, how do you attack the situation ?

My state is cold. Sales are leveling off and foreclosures are up. Its a buyers market. What would you do ?

Thank you for the response hhinc. Do you own the land that the storage unit is on? When you say "finding an existing property that already has clients in place" is that property a storage unit? Thank you for your time.

Hi,

If your looking to purchase property out of state, what would be some the questions you wold have to ask yourself and the company that would be managing the real estate ? How would you look up information in that given area ? In other words, how would you do your home work ? Any information would be great ! Thanks for your time !

How do you get comps in your area without a real estate agent ?

Thank you biggerpo. I will do that.

Ryan,

What is preforeclosure?

Hi,

If I'm interested in bidding on a foreclosure property, but I want to place my bid with concessions, for example a home inspection, how would I do that prior to the auction ? prior to me bidding on the foreclosure property ?

Thanks !