I have recieved a couple of emails and have taken part in a few threads regarding "successful strategies" in regard to real estate investing. Well I thought I would put them on here for you all. Again, professionals usually filter through 100's of properties until they find their bargain.

Title Problems
Probate
Pre-foreclosures
Forclosure auctions
Conventional OREOs
FHA and VA repos
Builder auctions
Tenant-in-common interests
Rights of redemption
Life and remainder estates
Existing options
IRS sales
Bankruptcy
Execution sales
Houses that smell
Condemned property
Delinquent tax auction
Judgement investing
Regulatory loopholes
Used mobilehomes
Owner unknown
Discount lien release
Condo reconversion
Assembly
Out-of-country land owners
Development-ready lots
Enviromental-problem property
Corporate property
Distressed-owner bargains
Delinquent subdivision mortgages
Property-wanted ads
Homeowner-association-dues foreclosure

Again here are the "successful" list of strategies, however be sure to visit www.johntreed.com for more strategies that are available in his newsletters and special reports. Good luck

Who would want to do something as crazy as 'filter' through 100's of properties before you buy. If you have to, fine. Don't buy just for the sake of buying. But if I am looking at 100 properties, I better be buying about 25. It is not about quantity. It is about quality. You have to know which properties to look at before you even consider one.

Just my view.

A few comments regarding a few on the list.

Title Problems * Better know alot about clearing title problems cause if you do not it will be an expensive lesson*

Probate * OK for the patient investor*

Pre-foreclosures * best source if you are quick and check the courthouse several times a week*

Forclosure auctions *where you will find all the barginhunters. Plan on spending more than you had anticipated*

Conventional OREOs * Obviously you have not done alot of REO's of late but banks are starting at top dollar. Gonna pay more than you want but still bargins to be had.

FHA and VA repos * NO BARGINS here! Cause everybody knows about them. see goldenfeather.com bargins her for the handyman buyer with conventional financing.

Houses that smell * better have a good contractor and some experience or you will not come out smelling like a rose*

Condemned property * see above*

Comments based on personal experience.



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Paul Oaks
Broker\REALTOR
Coldwell Banker

I Can't understand why some people don't post more information on this forum regarding worth while information that is fact based and helpful. Thanks for your input paul, I consider this thread to be the best in this forum.

No response from Realty check on this thread? Too much light!!

how do you buy a property pre-foreclosure?

search court records and pertinant notices of default- then approach the homeowner and make em an offer they can't refuse..

You can also read the "how to" version in JTR's 20% below mkt value books.