All Forum Posts by: Dustin Johns

Here's the story;

Property went to a county foreclosure in February. Nobody bid so the bank got it back. The mortgage was with Firstar and FHA. I called Firstar to make an offer (I have a cash buyer) and was told too late. Got sent to FHA.

Question is, how do I get to this property before it becomes an REO, if it has not already? Any ideas on a FHA property like this?

Its killing me cause I have my buyer ready and I missed it.... Thanks for any help in advance....

Do I have to follow you to send a message? I didnt see the option for colleague request anymore? or you could email me. My address is at the bottom of my post. I would like to talk for a few minutes. Maybe could partner on a deal or two in exchange for your time??

I dont mind spending a few bucks on purchasing someones package. I'm looking at the diamond farming probate kit from Gary Degrazio. It seems to be geared toward agents and other re pro's. Any suggestions on which to purchase????

Anybody here at BP have experience in Probate Real Estate? It seems very interesting and possibly a profitable niche. Where do I begin?

Thanks Jon. Keep them coming....

I think its a good idea to compile a "rule of thumb" list for investment purchases. For example, the .02% rule, or you max purchase % based on ARV. This would be a great resource for me and other investors, new or seasoned. Thanks in Advance for any contributions......

He didnt elablorate too much on specific chapters. The only enticing aspect for me is that I know tons of investors locally, none of which are doing anything like this. The "little to no competition" is always a great sales pitch but I truely dont know anyone using this angle. Might be worth a 997 gamble. Thats a normal football weekend for me anyway!!!

It was about "private liquidation investing". Seems like an untapped angle. Working with attorneys and the court system to get contracts on forced sales of RE and the contents. Divorce, bankruptcy, etc. Of course the price range is $997- 2991. Have you heard much of this Stacy Kellams?