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Updated over 8 years ago,

User Stats

3
Posts
1
Votes
Jeff Gingell
  • Olympic Peninsula, WA
1
Votes |
3
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Hello BP!

Jeff Gingell
  • Olympic Peninsula, WA
Posted

Hi everyone, I'm new to BP and in the limited time I have spent so far browsing some of the discussions on here I have learned that I am definitely in the right place! So much knowledge, all I can say is thank you! My wife and I are starting to take a serious look at REI and are in the planning phase of it at the moment. We know we want to invest, we don't know exactly what our first investment will be yet (rental, flip, wholesale are our three top picks). We have some time to decide as we recently did a family member a solid (major solid) and now we have found ourselves starting out from (kind of) scratch. Paying down a little debt but we own our own little home, and the adjacent lot which is pretty much raw, in a good hood. Recently though have been looking at maybe starting a little early if we can find a good enough deal on a flip. Anyone here familiar with tax foreclosure/sheriff sales? I see them listed on our county website as potential sales with very low monetary values listed next to them, so I am a little leary that there must be some serious risk in buying them otherwise everyone would be doing this. Thoughts?