As a word of caution, I do not necessarily believe that bank owned real estate, or REOs, are the best way to buy properties.
After all, REOs are listed on the MLS, which means that they are being sold at retail prices and there is a great deal of competition, which drives up the price.
Again, if you want to make money as an investor, you BUY at wholesale prices and SELL at retail. So searching the MLS for REOs doesn’t fit this strategy.
That being said, you may still find a few good deals, but you need to look for ugly houses that require repair.
How do you buy bank owned real estate? Watch the video to find out my real estate investing coaching tips on REOs.
Want more coaching advice? Check out http://REIMaverick.com/more-info
Real Estate Investing Coaching Tips
Real estate owned properties
Bank owned real estate
Real Estate Investing