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Updated almost 10 years ago,
New Member in Tacoma, WA
I've filled in my profile a bit so I'll be repeating some I think.
I'm an architect and my husband is an engineer. We have a goal of owning enough real estate (buy and hold) to provide a middle class family living so he can retire (I own my firm and my office is in our home so no retiring for me).
We have just jumped head first in to real estate investing with our fingers crossed and a ton of prayers said by purchasing a commercial parcel in Ocean Shores which we are designing a multi-family rental for and purchasing at auction an occupied single family home (I'm still cringing).
I am slowly learning as I've been "trolling" this site for a couple of months now. He has a bit more experience but we both still have a ton to learn.
We will be posting the "Notice to Enter" on our auction house tomorrow and are hoping the occupant (we believe it is the foreclosed on former owner) will just say "okay, I see it's my time to go." We're prepared to offer him some cash to move out this weekend (or next if we have to) so we can skip the whole 3 Day and/or eviction process. We've walked the perimeter and peaked in windows but we still have not actually been inside. I'm really hoping the whole story turns out to be the most boring one out there.
Anyway, we're thankful this site and all of you exist. My hunch is this is going to be a huge learning curve and I'm sure all of your experiences will be (as they already have been) invaluable.
Cheers