All Forum Posts by: Michael Badin

Has anyone ever heard of investorcompsonline.com?  It seems to give you a good amount of information but not sure if it is worth it.  Has anyone used it, and if so what did you think?

I read a great idea in a different post but I don't remember who said it.  Anyway if the foreclosure process is not complete try to contact the Owen (not the bank, the prior owner/ residents.) they may still be able to "redeem" the property by paying off the loan in total as well as all fees. (Assuming the numbers make sense.)  When you speak to them try to get them to redeem the property with your money and offer them $1-2,000 to do it. Obviously you also need them to sign a sales contract getting them to deed the property to you.  Check your state laws; here in PA the owner can redeem the property up to one hour before the auction takes place.

Good luck!

Thank you all for the warm welcome.  @ Steve, I am going to look into DIG thanks.

Hi all My name is Mike Badin.  I am a very new real estate investor having just obtained my first rental property in January 2015.  The property has 5 garages, 1 small barn and two apartments.  It also has a basement that I am considering converting to a third unit.  Need to run some numbers on it to see if it is actually worth it.  Any guidance as to any resources that could help me evaluate is greatly appreciated.  

Although I strive to become a full time investor I do still have a day job as a Field Staff Insurance Adjuster. I have been an adjuster for about 14 years with the last two years primarily dealing with properties in the REO, foreclosure/ pre-foreclosure and vacant properties. I inspect the properties and determine what damages exist and complete an accurate estimate to repair the damages.

Prior to being an Insurance Adjuster I served 8 years in the Marine Corps as a Military police office, and yes I was overseas and yes I am a combat vet.  Not all my years in the Marines were fun but they have helped shape me into the man I am today.  For that I am great-full to all The men and women I served with.

After purchasing my first rental property I was researching REI and stumbled across BP. (THANK GOD!). I have learned more in the last week on this site than I did in the previous year without BP. It is amazing to me that so many seasoned investors are not just willing to help others but actually want too. Thank you to all you seasoned REI veterans.

On a personal level I am a Christian.  I believe that Jesus Christ is my Lord and Savior.  I try to live my life in a way that would make Him proud to call me is son.  As all other sinners I do fail; but thanks to His grace I am cleansed and welcomed into His arms.

If you are interested in getting to know me more send me a note.  I would love to converse with and meet other investors.

If this introduction is long and drawn out than I apologize, if not than let me thank you for taking the time to read it.  Time is a precious commodity and the fact that you took the time to read it is a blessing to me.

God Bless to all,

Mike