Page Ventures / NRES is a group buying foreclosed houses on the courthouse steps and then reselling them. Their complete story can be found over at the renorealtyblog.
Here is an updated spreadsheet tracking their activities. Items in red are updates from the March 22 report. Items in blue are updates between the original January 14 post and March 22. My Excel skills are a bit lacking, but you will get the general idea how they are doing.
Some points of interest:
– Page Ventures looks like they made a rare misstep on 649 Alpine View in Incline Village Purchased in October 2009 for $658,750, the list price has been slowly reduces and now stands at $729,000. This will not cover clean up, marketing and transaction costs.
– The Page Ventures fund closed, and morphed into a new fund, NRES NV 1 LLP. It appears this fund has now also closed, and NRES NV 3 LLP is the new entity.
– They are venturing away from 100% courthouse steps purchases. NRES 3 purchased 2 homes perviously foreclosed from HUD and Fannie.
REreno 
robert hardesty said:
Looking for info. on Jeremy Page before I take him to litigation.
susie vargas said:
Just curious if you found anything on the guy? Been watching his NRES NV-1 company over the last two months as they force themselves into the position of middleman in Reno housing market, swooping in to buy regular properties with cash then reselling within a month for $30,000 or so more. Starting to wonder why scalping is legal with respect to real estate but forbidden in ticket sales.
Sunny Caudill said:
Scalping? I’m astounded that you’ll use that word.