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Updated over 6 years ago on . Most recent reply

User Stats

20
Posts
10
Votes
Garhett Langer
  • Flipper/Rehabber
  • Bismarck, ND
10
Votes |
20
Posts

First deal! Handed a Sheriff’s Sale.

Garhett Langer
  • Flipper/Rehabber
  • Bismarck, ND
Posted

Hey Guys,

So may update with questions as I go, but first a little background and then on to the questions.

First off, no I wasn’t crazy enough to do a sheriff sale as my own first deal.  The short story is I found a partner who has purchased about a dozen himself and is just too busy to research the properties and manage the rehab.  That’s where I come in.  He basically needs me to figure out as much as I can on my own.

There property is currently still occupied by what we assume are the (previous) owners.  My questions is what’s the best way to monitor the property and know when the occupants move out?  Do I need to drive by every day for 60 days (right if redemption period)?  It’s been a cold winter in ND and we’re concerned about winterizing the property.

Any other advice about what to expect between now and the rehab?

Thank you!

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