Comments on: Bulk REO Investing – What To Avoid, What To Embrace http://realestate.bryanellis.com/1388/bulk-reo-investing-what-to-avoid-what-to-embrace/ Unbiased Real Estate Intelligence For Affluent Investors Wed, 18 Jan 2012 15:39:40 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Assets Clearing House http://realestate.bryanellis.com/1388/bulk-reo-investing-what-to-avoid-what-to-embrace/#comment-16951 Assets Clearing House Sun, 05 Sep 2010 15:28:41 +0000 http://realestate.bryanellis.com/?p=1388#comment-16951 Bryan, I agree that Bulk REO and Non Performing Note investing is indeed a highly lucrative business, but it is not for the beginner real estate investor. We waste countless hours filtering phone calls and web submission from brokers and newbies that have no business being in this industry. Plus you've got your joker brokers which for some reason have nothing else better to do than to waste time engaging in never ending daisy chains. Bryan, I agree that Bulk REO and Non Performing Note investing is indeed a highly lucrative business, but it is not for the beginner real estate investor. We waste countless hours filtering phone calls and web submission from brokers and newbies that have no business being in this industry. Plus you’ve got your joker brokers which for some reason have nothing else better to do than to waste time engaging in never ending daisy chains.

]]> By: lenderasset http://realestate.bryanellis.com/1388/bulk-reo-investing-what-to-avoid-what-to-embrace/#comment-4702 lenderasset Thu, 30 Apr 2009 17:15:23 +0000 http://realestate.bryanellis.com/?p=1388#comment-4702 This is true but nearly impossible to get in with banks that sell these bulks, and those that do, due to tarp money etc is dwindling. We purchase from most large institutions around the country and the biggest issue the banks have with “investors” is they DON’T CLOSE. When an investment group doesn’t close after the bank runs the gauntlet with countless man hours pooling up an reo package the bank actually shuns all investors. We currently have many propreties around the country that are being packaged up for sale with an average per door price of $7,100. This is true but nearly impossible to get in with banks that sell these bulks, and those that do, due to tarp money etc is dwindling.

We purchase from most large institutions around the country and the biggest issue the banks have with “investors” is they DON’T CLOSE.

When an investment group doesn’t close after the bank runs the gauntlet with countless man hours pooling up an reo package the bank actually shuns all investors.

We currently have many propreties around the country that are being packaged up for sale with an average per door price of $7,100.

]]> By: Jeff http://realestate.bryanellis.com/1388/bulk-reo-investing-what-to-avoid-what-to-embrace/#comment-4701 Jeff Thu, 30 Apr 2009 03:01:42 +0000 http://realestate.bryanellis.com/?p=1388#comment-4701 Hi Bryan, I really enjoy those golden nuggets from the webinar with Sal. Will his offer ever be offered again? Hi Bryan,
I really enjoy those golden nuggets from the webinar with Sal.
Will his offer ever be offered again?

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