All Forum Posts by: Darryn Carter

so happy you posted this, i am a novice I have 2 properties 1 in the weston Ranch area that barely seem to meet the rule. although the property was purchased at a great price (185k ) i have to many rental properties in the area with lower rents. im anxiously wanting another deal in stockton but i need to figure out how to make the numbers work

Thank you @joe McLain

@Bonnie Laslo it's a foreclosure action. It's my first one so it's kind of intimidating.  I plan to watch a few properties and see what they go for and talk to some of the buyers.  The tax lean and tax deed actions seem very interesting too.

thank you so much @bonnie laslo

Hello all,

I am very new to the real estate world and playing on attending a local auction in a few days but confussed on if the property once purchased is free and clear or do you aquire the dept the home come with. For example I'm eyeing this property that has a starting bid of 20,000 but the Total estimate dept $38,769.59.. would I pay the 20,000 + 38,769.59?

Hello all,  

I am very new to the real estate world and playing on attending a local auction in a few days but confussed on if the property once purchased is free and clear or do you aquire the dept the home come with.  For example I'm eyeing this property that has a starting bid of 20,000 but the Total estimate dept $38,769.59.. would I pay the 20,000 + 38,769.59?

Looking to get started in the business. Me and my wife are thinking of purchasing a new home for our growing family, or land to build a dream home and rent out our current residence.  If I did the math right (50% rule) we should cash flow between 400 - 500 a month.  But we have been thinking that maybe we should stay in our current home and buy some rentals... we have a significant amount of equity in my current home. both have stable jobs...looking to make a wise decision to break in real estate.