Happy Friday People! This week has been filled with discussions of various topics. We’ve talked about everything from real estate comps, to reducing investment risk, to using social media to put your business on the map. Let’s take a detailed look at these topics and how they can benefit your business.
Learning the best techniques for the specific market you are hoping to be investing in is necessary. Some basic knowledge is needed to invest wisely because doing so can net some large profits. Use the information you gather, also known as real estate indicators, to govern your business and your deals. Take advantage of the tools which are available to you, especially if they are FREE. Facebook, LinkIn and Twitter are all excellent resources to promote your real estate business.
Given the current market is flooded with foreclosures and short sales, it would only stand to reason the topic of bulk REOs would arise. REO stands for Real Estate Owned. Bulk REO investing may be a relatively new description, but it is based on an old concept: buying multiple foreclosed properties. All it takes is footwork on your end, smart use of InvestorCompsOnline information and support, and you have yourself a deal. 
My friends, where you go from the first deal is completely up to you. I would urge you to learn as much as you can about investing. Give special attention to investing and/or buying in a buyers market. Let InvestorCompsOnline help you advance your career with our support system and expert advice. Having solid information is the corner stone to real estate success.
As the real estate market struggles to make a comeback, the real estate comps for properties reflect the changes. The foreclosure market is still a ripe place for investors to do what they do best. A new investment opportunity known as bulk REO investing has gained popularity because of maximum profits.
REO stands for Real Estate Owned. Bulk REO investing may be a relatively new description, but it is based on an old concept: buying multiple foreclosed properties. All it takes is footwork on your end, smart use of InvestorCompsOnline information and support, and you have yourself a deal.
Remember, lenders are in the business of loaning money, not collecting real estate. In fact, keeping foreclosed properties on their accounting books turns the asset into a liability. Therefore, in an effort to protect their best interests, lenders routinely auction or sell their real estate surpluses even if doing so means they will sell these properties at far less than their retail value.
The state of the current economy calls for lenders to sell more properties than usual. Therefore, in order to keep from developing an overwhelming accounting liability, they have devised a way to unload several properties at a time. This process is now referred to as bulk REO investing. These properties are sold in bulk packages, sometimes referred to as ‘tapes’, often need a lot of cosmetic work, particularly if they’ve been vacant for some time or vandalized. But we, investors, who realize we are buying these properties for sometimes pennies on the dollar, are all too willing to take the properties off of the lender’s hands sometimes sight unseen. 
As bulk REO offerings become more common, investors are discovering a once in a lifetime opportunity to seize an opportunity to create enormous real estate wealth. Where the original homeowner unfortunately loses their home, confident investors have been able use a unique market to their maximum advantage.
Are you currently taking advantage of the bulk REO wave? Click on the comment tab and tell us why you have chosen to invest in this real estate niche.
