What do you do before your day starts out … Run, push ups, swim maybe, racket ball or something else in St. Clair County. Well, I was out exercising this morning, walking, up and down rolling hills, up and down stairs and around meadows, touching and feeling those green trees with leaves.

Ok, Bob, what does that got to do with real estate or even foreclosures. I was exercising, yes, this morning, looking at several foreclosures that had some land, rolling hills, lots of stairs to basements and 2nd stories. Boy, i was excited too about this exercise today.

We found one 1500 sq ft home pesky foreclosed property, that just needs good cleaning, paint, carpet for $125k. I asked the realtor if there is room in the price and the realtor said yes … wow. Plus we get a total of 2 empty lots. So, we will split the center lot and give to both end lots. Later, we will build a new 1400 sq ft home next door upon the sale of the first house.

The second foreclosure deal looks interesting, its valued at 200k, currently listed at 90k below value. Well, what the heck is wrong with the house. Ah, every thing. I would guess about 60-80k in renovation … the owner really screwed up the roof and siding … did not know how to align those sides. The realtor said its 3 bedrooms, really, where, its only 1.5 bedrooms. Ok, how do you get .5 bedrooms, its tiny. Realtor wanted an offer, even if I was low … yep, guess what is coming.
Hope you like my exercise program, it works, with banana, ice tea, lost 3 inches this summer. That is my exercise program. Good luck with your method.

This is bob, signing off for now!