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Updated over 9 years ago on . Most recent reply

Kevin D.'s profile image
Kevin D.'s profile image
Kevin D.
  • Investor
  • from Wilkes-Barre, PA
  • Member since Sep 30, 2014
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Kevin D.'s profile image
Kevin D.'s profile image
Kevin D.
  • Investor
  • from Wilkes-Barre, PA
  • Member since Sep 30, 2014
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Kevin D.
  • Investor
  • Wilkes-Barre, PA
42
Votes |
179
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Real Estate Deal Analysis & Advice

It's official... Today I bought my fist REI.

Kevin D.
  • Investor
  • Wilkes-Barre, PA
Posted

There was a Tax Sale (Judicial Sale) today and I scouted out some properties and set my max bids for each property. I lost on two properties, but got one SFH for $10k or just over $11k after transfer taxes. My first call was to get fire and liability insurance...

I was told that I couldn't go in to the property until I get the deed in 45-60 days.  Is that correct?

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Josue Montes's profile image
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Josue Montes
  • from Fresno, California
  • Member since Sep 25, 2014
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Josue Montes's profile image
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Josue Montes
  • from Fresno, California
  • Member since Sep 25, 2014
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Josue Montes
  • Fresno, CA
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Josue Montes
  • Fresno, CA
Replied

congrats!

almost 500% return is not bad

I am also looking forward to that first REI here in Fresno.

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