How To Make Good MONEY With Foreclosures

[@sherrylingenfelter8991]

I bought a foreclosure in 2008 & broke even. I considered myself lucky to sell it before the market crashed that year.

[@TheRealWayneTurner]

that was lucky to get out before that crash!

[@steveh1460]

Good stuff. Thanks Wayne!💰

[@islandgirl5382]

As always, Mr. Wayne; Thank You for such valuable info! The most positive Realtor I know. By the time you finish speaking with him, you will say"I can do this".

[@semajsemaj9280]

Mr. Wayne. Thanks you for all of your videos. They are a tremendous blessing 🙏🏾

[@sharonwoodley4594]

You have a calm, reassuring demeanor. Home buying is stressful. I appreciate the manner in which you share information! It is easily digestible. Thank you.

[@TheRealWayneTurner]

Thank you so much!

[@IamwealthAbudance]

Wayne talks about tax line houses, buy them cheaply😊

[@sarahtrue8611]

I’m vibing with this Wayne. Thank you for sharing your experience and wisdom! Oh, and we’re going to make a huge profit.

[@MzSeptember]

Mr Wayne, you are a gem 💎! THANK YOU!

[@timcisneros1351]

Well, I've always looked at it this way. A foreclosure has a story behind it of dreams lost, sorrow, struggle, and sadness. I couldn't in good conscience "flip" a house and make money off of someone else's pain. Just say'in. But I've always worked for my money as a Tradesman so there's that. Then, there's this, I'm building a Timber Frame home for my wife and I with my own hands from lumber I milled myself all debt-free. No one will be able to take it from me unless it's from cold dead hands.

[@TheRealWayneTurner]

Most neighbors are usually very happy to see foreclosures purchased and brought back to life. Some sit empty for years before they hit the market, so it can pull neighbors property values down with it. I agree that it's sad when someone loses a home, but I've also met a lot of people in my career who have had to short sell a home or they lost it to the bank and years later I catch up with them and they're doing better than ever and they have no regrets because what was a bad situation, sometimes no fault of their own they just had circumstances that were beyond their control, is far behind them and they're in a much better place.

[@guidedbyvoices23]

I feel the same way, not sure how someone is OK with capitalizing on someone else's burden, guess I'll never be rich..then again never wanted to be rich, but what's mine is mine and never had to mess anyone over to get it.

[@timcisneros1351]

@TheRealWayneTurner YES, but to every one of those stories there are 10 people who lost their home, destroyed their family and had to move into a tent to survive. The work I do doesn't have that kind of negative aspect to it. My stories are ones of adventure, challenges, hardships and obstacles overcome. The joy of creating something of lasting beauty and function. I'm a Blacksmith and Timber Framer It's a totally different lifestyle and existence than being in Real Estate so I understand what you're saying. My bottom line is that it's not just about the money but following my passion for the crafts I am a part of. The clue you are following your passion is when 5 hours seems like 5 minutes. That's what I live for. Time stands still. Good luck in whatever you do Wayne. Just remember compassion in your dealings with people (which I think you do)and you'll be fine.

[@neoanderson726]

a very wealthy man once told me " save for what you want , pay for what you have " do not take out loans or borrow money

[@osmanmduarte344]

Thank you, Sir, you are awesome, God bless you. I'll get in touch with you soon.

[@richardwells8954]

Very helpful. Thank you.

[@robmetzger8616]

I see water in the ceiling drywall, I'm planning on tearing it down to the stud.

[@nneisler]

Thanks. Great information on the walk through

[@Rjisawake]

My guy Wayne!

[@Advillin]

Thank you so much Wayne. You are so insightful. I just bought a place in Michigan with a friend. Very excited to get going. It even has a Lake fview I'm hoping to learn more from you in the future. Thanks Jim

[@firesign4297]

GREAT 🤗 Breakdown.

[@azazelleknight4968]

Thank you

[@lisaaustin4561]

Isn’t cigarette smoke almost impossible to get rid of short of ripping out all of the drywall?

[@themadmillionaire]

I love this! I started bidding online at auctions…very scary but looking for gems

[@TheRealWayneTurner]

Awesome!

[@sheilapendley1716]

!!!! Powerful!!!!! Thank You!!!!!!!!

[@TheRealWayneTurner]

Thanks for listening

[@BrookT]

What do you think about buying auction houses, since you can’t get an inspection? A friend of mine will bid on one for me and then I can use financing to pay for it.

[@kimcucnguyen1054]

Good tips! Thanks for sharing!!

[@leodass]

Thank You Sir,very well explained.

[@TheRealWayneTurner]

Glad you liked it

[@ThePropertyProject]

Foreclosures can be an incredible option IF you do your homework. Like anything great reward comes with great risk

[@Alexanderbuilds2001]

How do you get loans if you’re self employed?

[@TheRealWayneTurner]

There are loans available for self employed individuals, you just need to have 2 years of tax returns

[@ernstgoldman3634]

The problem with most foreclosures they are "occupied" and you are not allowed to inspect as it would be considered violation of no trespassing law. So you have to buy it blind. It's extremely difficult to do due diligence for foreclosures. Occupied: Do not disturb occupants. Trespassing is a criminal offense. Title and Liens: Some liens are removed after a foreclosure property sale, but certain liens may remain. That's insane amount of risk. Does not smell like money to me. More like money pit.

[@TheRealWayneTurner]

You have to know your numbers and make assumptions on the condition of the property based on the information you have. Don't go to an auction without knowing the maximum you can spend on a property before you start losing. You have to be willing to walk away

[@chanayssalonandbeautybar8838]

i live in Canada home do i do this in the states it looks fun.

[@michaelfritz6775]

Seems like it a tad hard to find a house like that…very impressive…

[@truthteller8459]

I just tried contacting you but a pop up appeared saying your website is not secure so I didn't continue.

[@TheRealWayneTurner]

www.ContactWayne.com?

[@msway836]

Hahahah had a pony in the House lmaooooo, the sht people do these days, will never surprise me....

[@TheRealWayneTurner]

True story! Craziest thing I've ever encountered.

[@charlesmorris8491]

Modern day Carlton Sheets

[@themadmillionaire]

👍🏿👍🏿👍🏿

[@IAm-fp7sr]

Mr. turner just watched your video. I would like to meet you and go with you to observe and learn how you go about the foreclosure process. Can I get your number to call and coordinate meet and greet and schedule a shadow around with you?

[@TheRealWayneTurner]

Reach out to me at www.ContactWayne.com

[@lisaaustin4561]

In most of CA getting rid of squatters is easier said than done. My advice. Get out of CA.

[@nicholasmcvety9644]

223k richie rich man. 99 percent not.

[@TheRealWayneTurner]

You can purchase a foreclosure, or any home, with very little to NO money out of pocket.

[@skytrooper506]

Making money on someone else's misfortune. No thanks.

[@maddierosemusic]

Your rent is due next week.

[@skytrooper506]

@@maddierosemusic sorry pal. Lakeside home here.

[@angelabaldwin9889]

This world makes money off you working hard at 16 and dying at 55 with little to nothing to show for.

[@sarahtrue8611]

Depending on the county you live in, there are several programs that help people who really are on hard times and are trying to get through a situation. However, there are opportunities for investment minded folks, with skill sets, that can make the most of a dire situation by bringing good to the world. For example many sovereign people do the best they can independently; elderly people who live in their house and die with no family, folks with the disabilities who live and die in their house with no external support, or folks experiencing fallout from the heartbreaking marriage/ divorce where they just wanna walk away and start new. Life happens!

[@charleslee4528]

The bank already did the deed regarding their misfortune. You’re making money off the banks willingness to not hold liabilities.