My friend took over an old warehouse, and the homeless people that had been squatting in it had stolen all the copper wires, as you could see and you'd expect. It was odd though, there were no toilets. He didn't think much of it until he installed new toilets, and they immediately backed up. The had also smashed the old toilets into small pieces and stuffed them down the drains. That was expensive to fix, so always be wary of any structure where the toilets are missing!!
@MrBlu-by3sf Жыл бұрын
Was the building flip/keep successful?
@Special_Agent_Ragnar Жыл бұрын
$100-$300 to have the sewer lateral cameraed. We’ll worth the piddly cost for the peace of mind.
@timrader1260 Жыл бұрын
That's why people watching KZbin and how easy it is to flip a house should stop watching and listening to that garbage. If you have no idea what you are doing you probably shouldn't be doing it 😂😂
@clownthesweat2000 Жыл бұрын
AA
@JimboTMX Жыл бұрын
Probably one of the best channels about real estate
@LeroyPatty Жыл бұрын
Home with repairs $$ cash It’s a lot of unforeseen issues: beware if you can’t put in hardwork $$$ is more than you see.
@Tyradius Жыл бұрын
You're the man for staying focused and saying your lines with that chirping. I would have been stumbling over my words getting flustered every time it made a sound.
@katrinabennett2759 Жыл бұрын
Wayne, I have been a licensed REALTOR for 30 years and you Sir, are amazing! Thank you for providing such valuable information to all! 🎉
@TheRealWayneTurner Жыл бұрын
Wow, thank you!
@benflores8925 Жыл бұрын
Not 30 days! 😅😅
@you7uber5 Жыл бұрын
I would of never guesssed you only been doing real estate for 30 days. You are very knowledgeable in a very short time.
@felixvc2013 Жыл бұрын
He's been doing real estate for 30 years, not days!
@marlonlozada3048 Жыл бұрын
@@felixvc2013 I think he knew that.
@joshuagrieger1948 Жыл бұрын
Picked up on that right away also
@MichaelGordon-vc4kr7 ай бұрын
I found your channel after feeling like I can't go any lower as a man and MUST get something going to earn after years of stagnation. Thank you so much. I have or will find that $1000 and I have a credit score of more than 620 so I am going to invest it like you showed in one of your videos with USDA loans.
@triptheroad Жыл бұрын
Whoever lived there didn't keep up on the smoke alarm batteries 😂
@jonnsmith556 Жыл бұрын
Did u say 2100 sqft for 1000$?
@JhaneTheLady Жыл бұрын
It be like that sometimes
@davidg5629 Жыл бұрын
That's what caused the divorce, which caused the foreclosure.
@LukeGrowe-l9m4 ай бұрын
Well well well
@DeborahKannike3 ай бұрын
No lie that drives me Crazy 😜
@HollywoodTheTradeKing Жыл бұрын
I know all about it. I work in Property Preservation for the bank so i know exactly what you mean. I deal with foreclosures everyday even the ones that are going to auction.
@Coachat Жыл бұрын
Would it be a good idea to proactively contact banks to see what foreclosures they have in the books?
@LilaKing-l4r Жыл бұрын
?
@HollywoodTheTradeKing Жыл бұрын
@CoachatCole just now seeing this. Yes, see what they have in auction status as well. Try to negotiate some of the homes that didn't sell at auction.
@JUDALATION Жыл бұрын
foreclosures typically are overpriced...banks inflate their value to write off the losses...
@miriamfernandez7855 Жыл бұрын
Hi Wayne! You just taught me a lesson on Foreclosure, because am thinking on buying for income. Thanks.
@Bluntius Жыл бұрын
You've earned me as a subscriber, thank you for making the videos you do. giving me the some knowledge and confidence to start looking for my first home.
@you7uber5 Жыл бұрын
They still put them in the news paper in Virginia. I know a fellow investor that will go to the houses and either make the owner an offer. Or talk to the tenants and offer them a few bucks for the owners phone number
@cravinbob Жыл бұрын
Property ownership is free from the county assessor, public knowledge and here you are advising people to pay for it from strangers!
@you7uber5 Жыл бұрын
@@cravinbobThe newspaper post the adress of the propertys going into foreclosure. The county doesnt tell you which ones are going into foreclosure.
@Gypsygirl9 Жыл бұрын
@@cravinbobbecause nobody is promoting squatters.
@ronrendon Жыл бұрын
Your photo says $100,000.......5 min in and you admit that the house is actually $200k?!! That's literally DOUBLE. What gives?!!
@TheresaWebster-rz5ny7 ай бұрын
Yea I thought same thing
@tru4326 ай бұрын
@@TheresaWebster-rz5ny me too
@LongtowerNyc Жыл бұрын
Awesome vid. Picked up a quadplex that was a bank foreclosure. What a learning experience.
@vanessafrazier4516 Жыл бұрын
Where/how did you find it? Zillow,Redfin or pocket listing
@LongtowerNyc Жыл бұрын
@@vanessafrazier4516 Zillow.. jumped on it immediately.
@joykennedyhughes6269 Жыл бұрын
Good information. Thanks. 👍
@missdesireindependance5194 Жыл бұрын
I thought these homes were risky because they could have a Lien on it.
@cravinbob Жыл бұрын
If you want a good deal on a house get a time machine and go back to the 1950s. Buying any house today today is stupid since zillow took control of the free market and killed it.
@charlieruben43408 ай бұрын
I am a private landIady have 1-3 bedrooms Apartments and Houses in a quiet and conducive neighborhoods,I accept short and long term lease,no credit check or background check,and we can work things out if you have felony or criminal records,I have pet friendly house and apartments with immediate approvals after your application have been reviewed.
@thelordsportion12732 ай бұрын
Hello, what state are u located in?
@ronaldmiller2740 Жыл бұрын
WAYNE,, THANKS FOR YOUR VIDEOS AND YOUR TRUE WORDS.. PEACE!!
@carolr5638 Жыл бұрын
Found your video while researching how to find foreclosures in my area. Great information that will be helpful if I can ever figure out how to see which properties are in foreclosure in my area. They don’t post in the paper here.
@Wycleffthephilosopher Жыл бұрын
So just for clarification, you'd typically need to have cash in order to bid on a foreclosure?
@matthewburkholder1076 Жыл бұрын
How do you get an inspection if the house is locked up?
@daviddoten-d6b9 ай бұрын
i dont get it - at 8:54 you say you can buy a house like that for only 1000 dollars - even when it is listed for over 30 days? please explain.
@lilianhernandez5309 ай бұрын
Amazing video! Thank you!
@scottscott45 Жыл бұрын
Can you negotiate the price once the real estate brokers have it ?
@JhaneTheLady Жыл бұрын
Can you go up to the bank and get a list of their foreclosures that they own?
@yangher79143 ай бұрын
Where's that house locatoin Can you tell me please?
@davidmims1032 Жыл бұрын
What township is that 1000.00 property in. I need to go to that area. Let me know please!
@jutde Жыл бұрын
He’s talking about FHA and USDA loans that can be done for $1,000 down instead of xx%
@barttfisher9 ай бұрын
I’m in Ohio and the housing market here over the last 7-8 years is unlike anything I’ve ever seen. Homes that were bought for $130K in 2015 are now being sold for $590k. I’m talking about tiny, disgusting, poorly built 950 square foot shit boxes in quite mediocre neighborhoods. Then you’ve got Better, average sized homes in nicer neighborhoods that were $300K+ 10 years ago selling for $750k+ now. Wild times.
@I_SuperHiro_I8 ай бұрын
That’s what happens when you vote for democrats.
@GoingGoneGalt Жыл бұрын
Mold test; $400. Gallon of bleach and a couple cans of lysol; $20. No brainer.
@isabelshaff1405Ай бұрын
Help me I am looking for Ranch in Cucamango I am very interested
@MANNYKLLOBOCISHTA5 ай бұрын
Thanks. Do you have any agents to recommend in Dallas area Texas?
@scottwhitley2242 Жыл бұрын
Good word, good word!
@shilokominarek1884 Жыл бұрын
Would this be a good road to go down as a 1st time home buyer and someone who’s going to live in the home ? And is it cheaper?
@InstantAdviser Жыл бұрын
12 foot ceilings ? Are you sure?
@vapeking466 Жыл бұрын
If so plan for high heat and air.
@OpulentQueen Жыл бұрын
When you find a forclosure you want to buy how do you get access to the property? It's on a third party site. Everyone is giving me the run around.
@cravinbob Жыл бұрын
What county it is in the county assessor's office will have info on who owns it. It might be on the internet. Property ownership is public and not a secret. If they won't tell you just move along because something is wrong with it and government knows and you don't want to.
@Netflixlover1122 Жыл бұрын
thanks for the video, the fire alarm chirping every three seconds in the background very distracting
@1smallball Жыл бұрын
Most people never notice that even in person. It ruined the video for me.
@timvala7577 Жыл бұрын
The house has been sitting WAY too long empty! Before you do the video TAKE THE BATTERIES OUT!!!!!🙄
@davidg5629 Жыл бұрын
If you must pay cash, how do you lock it up with 1k?
@jabrowski_ Жыл бұрын
Ty Mr Wayne. Always great perspective
@irenadziedzic50469 ай бұрын
Very helpful video. Thank you for sharing your knowledge
@johnhardy2702 Жыл бұрын
Appreciate your videos...thanks
@user-rr6xy3ku3c Жыл бұрын
Where do I find foreclosures? Looking to buy something in dfw area.
@sohailkhursheed8967 Жыл бұрын
Great informative video to watch ( thanks)
@TheRealWayneTurner Жыл бұрын
Thank You!!
@jamesmardeusz589910 ай бұрын
Show the properties
@Choegyal85 Жыл бұрын
Wow, what a nice and concise explanation. I took notes and I hope to close soon sir. Good day to you! Wish me luck sir.
@and1chewy1 Жыл бұрын
Informative. How are investment firms like black Rock buying up so much real-estate almost as soon as it hits the market?
@vapeking466 Жыл бұрын
I've heard they have bought so many homes that it's driving up prices! I have no idea if that's actually true. However I do know they work with The World Economic Forum who say "You will own nothing and like it." Makes me wonder if that's actually why they buy them up in mass.The wef wants us to rent everything including cars and housing. They also are planning smart cities but I don't know much about that. Pretty creepy.
@and1chewy1 Жыл бұрын
@@vapeking466 I've heard the same thing.
@YashoShasho11 ай бұрын
Very thorough.
@sumanghosh-pb3dw10 ай бұрын
0:46 - now foreclosures r listed w/real estate brokers.
@antoinettemccreath6138 Жыл бұрын
12 foot ceilings and your head is touching the light fixtures
@stilliraise9201 Жыл бұрын
That's impossible. How come you can buy a house for a thousand dollars. Something is missing here
@toulee3551 Жыл бұрын
He's talking about the monthly mortege
@Victor-tl4dk Жыл бұрын
9:50 only 30 days?? 😂 😮 👍
@pnswg01 Жыл бұрын
I see that too. It's a mistake. He means 30 years. You probably know that too. It's funny thou.
@luisgamez994111 ай бұрын
My friend you just got yourself another subscriber. This was a very informative video. Thanx for sharing your knowledge.
@averyjohnson675 Жыл бұрын
Information worth the subscription. Thanks for teaching.
@a.n.4022 Жыл бұрын
WHAT LOCATION , WHAT CITY YOU SHOWING THE HOME?
@jenniferasalcedo11 ай бұрын
Dropping facts. Thanks Wayne. HUD does/can counter your offer! So bid low and they can counter. It never hurts :) This is what I do!
@Amonday624 Жыл бұрын
You can you va loan at the auction?
@N20-l1u Жыл бұрын
Currently looking at a foreclosure house, thanks for the information.
@tariqkhalil1 Жыл бұрын
Mr. Wayne, we were hoping to see the details of the house from the outside and inside, but you preferred to focus the camera on your face only..!!
@mirthiwadamoses30210 ай бұрын
Great blessing job
@Poppi_Weez11 ай бұрын
What Courthouse? City, County, what?
@jacksprat1556 Жыл бұрын
What about capital gains? Can you teach about that too please ?
@TheRealWayneTurner Жыл бұрын
Yes!
@1a2b3c4. Жыл бұрын
I found a foreclosure and my realtor said I couldn't buy it because it was bank owned.
@TheRealWayneTurner Жыл бұрын
Your Fired is what you say to them.
@teresalezon20528 ай бұрын
I am in Chicago. Can you, please help me to please, to find hase, town house on good term around. ??? 😊 I like to "buy " north , or west, , or north west, nort east or east of Chicago suburbs. I don't have iany idea how to do that.
@RedDragonProtection Жыл бұрын
If you bid and the bank rejects it, are you able to bid again at a higher rate?
@TheRealWayneTurner Жыл бұрын
That's a great question! It depends. As long as the bank has not accepted another offer you can go back and submit new offers as many times as you want.
@geslyleveque846 Жыл бұрын
Hello, I would like to buy a single family in Cypress Houston Texas.
@TheRealWayneTurner Жыл бұрын
Reach out to me through the contact info in my bio and I'll get you all set up
@houndgangent.mac_lar8840 Жыл бұрын
Helped me a bunch
@DanBelsky_Health_Money_Love Жыл бұрын
Hello my club would love to work with you. Thank you and happy holidays.🎉
@HEOEvgeny Жыл бұрын
217K for this on LI no way. 1% rule not even close. I mean to rent it 2000k/m . Overvalued ,pass that's why no one bought at courthouse. Thanks for insights
@shelraysam6366 Жыл бұрын
Who do I find in Oxford, Rochester hills , Clarkston, Lake Orion Michigan?
@vivianwilliams6322 Жыл бұрын
Thank you for this video!!! I am looking to purchase a foreclosed home with lots of land here in Concord, NC, but there's so much development going on, that's it's hard to even find foreclosed properties. What would you recommend I do to obtain the foreclosed land (on about 2 to 5 acres)? Thank you.
@TheRealWayneTurner Жыл бұрын
Is it currently listed for sale? If not you could try to approach the bank (if you can find out who the asset manager assigned to that property is, that would be helpful). Some banks won’t sell properties until they’ve been fully brought to the market and publicly advertised though.
@06jj28 Жыл бұрын
Thanks
@JXhouse1237 ай бұрын
very different !
@radah.mradah1061 Жыл бұрын
Which location
@mwitter2003 Жыл бұрын
What about a FHA 203k loan?
@iniobongukpong9568 Жыл бұрын
Can you help me buy a house in Houston suburbs Tx
@minhnguyen56737 ай бұрын
Hi sir can you give me where location please send to me thank you so much
@jimsullivanyoutube Жыл бұрын
Where are you located?
@Afrocandy-gt1yz Жыл бұрын
Please am a student and i need financial help any thing from your heart to support
@khalidbaacha6 ай бұрын
Good
@berthapoblacion4019 Жыл бұрын
What is that noise?
@svngramz5160 Жыл бұрын
❤thank you brother
@junit4839 ай бұрын
Roofing, nearly every other component of a house is more costly to repair than HVAC
@sheilapendley1716 Жыл бұрын
Thank you!
@Thesecondcomingpodcast Жыл бұрын
Yes, there are cheap homes out there. You can get foreclosures for a family to have a home. “Look honey we can finally afford a $100,000 home at auction“ then comes along a sleazy grimy real estate agent to scoop it up market up three times the amount and try to make a profit.
@rickyticky3350 Жыл бұрын
thats sad
@conniepauig1419 Жыл бұрын
Location, location. Amen.
@hawaiiweddingvideographerr829110 ай бұрын
Nice home
@IanRainey Жыл бұрын
If I had a dollar for every 💨smoke 🚬detector beep…
@digantagaguly Жыл бұрын
*$26,020.43 house available !*
@iniobongukpong9568 Жыл бұрын
Where is that? Anything in Houston Tx?
@DeloresBernabez11 ай бұрын
Wayne, please send me lenders you recommend in Henry County GA. Ready to qualify. Interested in the option of assuming a loan with a lower int rate.
@namhamada3984 Жыл бұрын
I love to connect with you for mentor please.
@michaelpurnell6338 Жыл бұрын
What’s that damn chirping sound
@truthbtold6118 Жыл бұрын
Lol i think he meant 30 years, but that was a hilarious slip up :)
@TheRealWayneTurner Жыл бұрын
You’re one of the very few who noticed. Lol.
@JaimeAnderson-uy4dm10 ай бұрын
Sounded like someone was playing basketball with some rubber soles🤣
@sengsakada Жыл бұрын
good to know thansk
@Bippityboppityboop10 ай бұрын
I would have to carry around smoke alarm batteries to each house. 😅
@jamesschroeder969 Жыл бұрын
Annoying high pitch sound. Rookie
@CarbonCrown Жыл бұрын
Sound like the NBA finals in there 😅😂
@hernandoling5661 Жыл бұрын
Wanna buy a house.. worth 80k to 100 k ... I don't like snow place
@hernandoling56612 ай бұрын
Yes..
@junit4839 ай бұрын
If it's being sold through realtors then it's overpriced
@josephf9573 Жыл бұрын
Hey Guy. Your batteries are dying
@stanmoney847020 күн бұрын
It may have been a good idea to put that battery in your smoke detectors before you started the video just maybe huh!
@eliaflores57037 ай бұрын
Habla español ?
@TheRealWayneTurner7 ай бұрын
Unfortunately I do not speak Spanish. If you’re interested in buying real estate I can connect you with an agent who does. Just reach out to me at www.ContactWayne.com