Posts Tagged 'Investor’s tool bag'

Must Have Investor Tools for Inspecting REO’s and Foreclosures

Posted on: May 17, 2010

Categories: Buy, Residential House

Author: buyfixandprofit

Must Have Investor Tools for Inspecting REO’s and Foreclosures

Typical Foreclosure Viewing Instructions: Remove the Front Door Yourself!

Most experienced real estate investors and rehabbers have figured out a way to bypass having to be accompanied by a real estate agent every time they view a vacant home or bank owned property.  Some investors decide to get a real estate license for themselves while others have friends as real estate agents that get the lockbox combos for them. Others just sweet talk or persuade the listing brokers into offering up the combos – it’s possible.  These practices aren’t being recommended, so be careful not to get in trouble if viewing a vacant home without permission.  Many agents will actually instruct investors to bring a power drill with them to remove the front door to gain access to the house as long as the door is screwed shut upon leaving. … Read the rest

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