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All Forum Posts by: Cade Andersen

Cade Andersen has started 6 posts and replied 28 times.

Post: Auction.com potential purchase

Cade AndersenPosted
  • Rental Property Investor
  • Mount Pleasant, MI (48858)
  • Posts 28
  • Votes 6

@Steven Picker thank you sir

Is that 5% part of the 2500 down payment as in which ever is higher or are they combined?

Have you bought one off of the site before?

Post: Auction.com potential purchase

Cade AndersenPosted
  • Rental Property Investor
  • Mount Pleasant, MI (48858)
  • Posts 28
  • Votes 6

There is a property on auction.com in Mount Pleasant, MI if I were to bid and get it what is the process to taking possession. Any from MI know the process personally? It is showing vacant now. Thanks for the help!

Post: Buying from Auction.com, too risky?

Cade AndersenPosted
  • Rental Property Investor
  • Mount Pleasant, MI (48858)
  • Posts 28
  • Votes 6

@Michael Noto

Thank you!

Post: Buying from Auction.com, too risky?

Cade AndersenPosted
  • Rental Property Investor
  • Mount Pleasant, MI (48858)
  • Posts 28
  • Votes 6

@Michael Noto thank you!

Post: Buying from Auction.com, too risky?

Cade AndersenPosted
  • Rental Property Investor
  • Mount Pleasant, MI (48858)
  • Posts 28
  • Votes 6

Does anyone have experience buying from Auction.com? There are a few properties on there but all owner occupied? One has a case pending... is this risky?  How would I take possession and get the tenants out?

Post: Auction.com potential property

Cade AndersenPosted
  • Rental Property Investor
  • Mount Pleasant, MI (48858)
  • Posts 28
  • Votes 6

Looking at a house on auction.com that is now bank owner but still occupied. Any have experience not only buying through this site but also getting tenants to move out. What are the odds it’s trashed? Any recourse from previous owners? Eviction necessary?

Post: Questions on evaluating multi-family

Cade AndersenPosted
  • Rental Property Investor
  • Mount Pleasant, MI (48858)
  • Posts 28
  • Votes 6

@Courtney M. Just out of curiosity where abouts in Michigan is it?

Post: Commercial property advice

Cade AndersenPosted
  • Rental Property Investor
  • Mount Pleasant, MI (48858)
  • Posts 28
  • Votes 6

@Shawn Ackerman does the 50% rule include the cost of a property manager in general?