I'm heavily involved in Real Estate, slightly involved in my grad school and brazilian jiu jitsu.

first thing you need to do is get the owners permission to enter the house. this can be done via email, snail mail or whatever. enter the house either with a key the owner has sent you or break in, provided you have the owners permission. the most important thing here is that the bank my have a vested intrest in the house. if it has been foreclosed on, the bank is the owner and the only owner. banks have been dropping their intrests in houses recently if it doesn;t make sense to hold on to it. when they do this, the usually file a release of lein with the county or register of deeds. if this has happened, the original owner now owns the place and you can buy directly from him. check things out first. good luck

They are not thinking about how that stolen item forces the shop owner to raise prices to cover the loss (which are paid by you) or to file an insurance claim to cover the loss- which leads to higher insurance rates for every shop in the area when insurance companies label it a crime area.

I'm looking forward to getting more involved on BiggerPockets and meeting more people with a passion in Real Estate.

See http://www.biggerpockets.com/files/user/REISkills/file/contract-for-option-to-purchaseRight of First Refusal (ROFR) and Right of First Negotiation are preemptive rights to purchase specific real property at some future time upon certain defined terms and conditions.

If you have an investment property that is Debt free, think about the risks involved in that property.

Gauging market upswing involves a lot of guesswork.Neighborhood improvement is often a J-Curve.

What about serious foundation repairs that involve re-leveling and jacking?

However, there are practical issues involved such as identifying the properties and then subsequently acquiring them within the 45 calendar day identification period and the 180 calendar day exchange period.

I am a seller who last night faxed my acceptance of an offer which involved my carrying the loan for 3 years.