Buying Cars and Real Estate for Cheap

Nearly everyday law enforcement agencies across the country seize various properties that are connected to criminal activities. Once this property has been processed and used as evidence during the criminal trial phase the government no longer needs to keep this property. To offset storage and processing costs these properties are then offered for sale at a seized property auction.

There is no cost associated with attending a government auction as they are open to anyone who is at least eighteen years old who has a valid driver’s license or ID. Just be sure to do some up front research so as to familiarize yourself with how property auctions work. One thing is for sure, there will be no shortage goods and items to bid on. Here’s a short list of what you can expect to find.

1. Vehicles – Cars, trucks, and SUVs are probably the most common items to be found. You will also find RVs, boats, ATVs, motorcycles, and in some cases even aircraft. Most of these vehicles have low starting bids and can be successfully purchased for much less then their market value.

2. Real estate property – The government and local law enforcement agencies seize all forms of real estate. Homes, businesses, undeveloped land, commercial property can all find its way to government seizure auctions. And much like vehicles it can be had for well below market value.

3. Furniture and household items – When real estate is seized everything inside the building has to be dealt with as well. This can be a great way to furnish your home for pennies on the dollar. Plasma TVs, Xbox’s, Playstations, stereo equipment, couches, dining room sets, and just about any other household item you can think can be purchased at big discounts.

4. Art work, antiques, jewelry, and designer clothing – There is no shortage of stuff to bid on at an auction. People who run afoul of the government soon find all their stuff being auctioned off to the highest bidder, including the clothes off their backs. It is the government’s way of recouping money that otherwise would fall on the tax paying public.

A great way to find out what you can bid on is using an online government seized property auction website. They keep up to date on all government auctions occurring all across the country as well as all the items that will be up for bid. This can give you a head start on other auction goers as you prepare your list of items that you wish to purchase.

 

What Kind Of Properties Are Real Estate Investors Looking For?

There are several categories of real estate available for an investor. The easiest for a beginning investor to understand and participate in is the single-family home. Why?

1. Homeownership in America is approaching 70%.

2. They are the highest demand type of property.

3. They sell quicker than other kinds of property.

4. Prospective purchasers have the widest range of financing programs available to them, making the property easier to purchase. If the property does not sell in a reasonable amount of time, it can be rented.

Ugly Properties:

Why should you buy the ugly duckling?

The best property to buy is an ugly one. Look for the property that has never been “updated” or improved or one that has been improved, in a very tacky way. Don’t be deterred by the pet urine, feces, or mice droppings. Where some see damage and odor, you should see dollars and opportunity. Ugly ducklings are the properties that have the least competition, houses that can be fixed up by remodeling, not by rebuilding. Many people are scared about things like leaking roofs and broken windows. Be happy to see those things. They’ll discourage most inexperienced investors from purchasing the property. In many areas, you will be competing for some deals with “do-it-yourself” homeowners.

They may outbid you simply because they figure they can buy a home for $50,000.00 that will be worth $70,000.00 when they’re done fixing it up. It never occurs to them that they will spend $10,000.00 for materials and professional labor, one to two years working on it, and live in a construction zone the whole time. The oddest thing about it is that most people will sell the home when they’re done, thinking they did great (although they really broke even) and start the process again.

Buy, flip and sell works best in a 90-120 day time frame, with professional contractors quickly completing decorating, repairs, and renovations.

Where do go to meet the like mind people to get trained in the investing business?

There are Real Estate Investor Association all over the US. Many of this assoications are non profit. They are usually referred to as a REIA. Investor groups are for purpose of investor education, networking, and training. They bring national and local real estate experts to their meetings. They have training on wide topics like: foreclosures, pre-foreclosures, land lording, rent to own, lease options, short sales, deed offs, credit, wholesaling, find, fix, and sell, private money, lines of credit, and accounting. These are just a few of the topics they speak on.

How do you find a Real estate investors association or groups in yourr area?

You can go on line to one one of major search engines. Type in the one of follow words with your local City name: REIA, Real Estate Investing Clubs, Real Estate Investment Association, REIAs, Real Estate Investing Classes, Real Estate Investing Groups, Landlord Club, Real Estate Mentoring Programs, Foreclosure Boot Camp, Real Estate Training Classes, Real Estate Seminars, Real Estate Schools, Real Estate Courses, Real Estate Investing Network, Real Estate Conventions, Real Estate Boot Camps, and Real Estate Forums. Using a search engine as search for topic like how to find a boot camp or class on foreclosures in the state or city you are in works great.

 

Handshake for Peace

For as long as the Moro Islamic Liberation Front and the government are exchanging words not bullets, whatever resentment and rage will always be defused. In Mindanao, exchanging words is always a better option than firefights. So many lives, not only among combatants but civilians had been wasted. So many opportunities to redeem the people from the plight of poverty and the iniquities of futile secessionist struggles are lost. Progress and development are impeded because the very few who had arms have been fighting a war that the overwhelming majority does not want to have any part in it.

Even as the talks and the saber rattling are seemingly endless, those in the conflict areas have no other choice but accept it. But then this is not the kind of solution the need in their embattled communities. This is palliative and nothing can move on towards stable peace if the MILF and the government reach an agreement that the people of Mindanao had been asking for and not the kind that leaves quarters for extremist to again sow terror in the land that had long been terrorized.

For as long as Al Qaeda and its fierce and vicious hydra dwell comfortably in the territories held by the MILF, the threat to peace will always be there. That is why Indonesia could be a more serious arbiter in the peace negotiation between the MILF and the government because Indonesia have experienced the wickedness of the terrorists and therefore would understand, more than the Malaysian do, the anguish of the people that had suffered from the savagery of Al Qaeda operatives.

The MILF should not feel threatened by what they charge as “hawkish” statement of some military officials. They ought to be threatened instead by the vestiges of terrorist elements which, according to the international intelligence communities, are still enjoying asylum in the territories held by the MILF.

Pres. Noynoy Aquino wants a quick albeit lasting solution to the troubles that had been hounding Mindanao. If they are true to their words that they too want an immediate end to this protracted conflict in Mindanao, then they might as well believe in President Aquino for if not our Muslim Filipino brothers, Christians and Lumads who had been displaced by war might suffer yet another long years of desperation.

We hope that these talks will end with a handshake and stable peace in our beloved Mindanao.