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Updated over 5 years ago on . Most recent reply

User Stats

24
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8
Votes
Mike Nichols
8
Votes |
24
Posts

We pulled the trigger, now we wait, I guess we can watch dancing

Mike Nichols
Posted

We went to a real estate auction today and purchased our first rental property. The property goes before the court on December 6th, so we should be able to take possession on December 9th. It was a tax sale. We paid a little more than our "max" but still feel we should be ok as long as the interior is in Ok shape. Could not see in them with the blinds pulled. Unusual condition compared to most of the houses we have  been looking at, the blinds are real blinds and the doors and windows all work. We spoke with the neighbor of the property and he said the house was meticulously maintained when the grandmother lived there. Grandson left it and the taxes were delinquent. We plan to clean up the yard and get it ready to rent, get a tenant in it and look at re-financing. December could be a good surprise or a surprise. We will show up on December 9th with a locksmith to let us in our new house. 

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