All Forum Posts by: Sandi H

What are your thoughts about tax liens/tax deeds real estate investments for a first timer? Is this a good opportunity or should I run away from it?

Hi, I have just come across an opportunity to invest in a "Co-op" I am not familiar with investing at all, so this is where I need help to find out if this is a great deal, good deal, or not a deal at all. They are asking 7K to purchase a share, with monthly payments of $732 for the next 5 years. Eventually the co-op , which are now townhomes will become condo ownership. In 5 years I will have the choice of purchase for below market value (of about $40-50K) and I also have the right of refusal to buy or sell my share. So could someone please tell me is this something that I should invest in as a starter investor? Thanks for your input!

Greetings Everyone! My name is Sandi and I am looking to get my feet wet with real estate investing. I am very excited, but yet a bit apprehensive. I don't know much about this, but very willing to get out there and get started. I found this site surfing the net, and I think this is a great start. This is my first time doing this (blogging). I hope that this site will help me with starting my new endeavor! I am here to learn!

I am looking to get started with real estate investing very soon. However, the properties in my area (Maryland) that are worth investing in are very high. I would like to start off with a low priced property and then build from there. Are there any risks involved when investing in other states? Or should I just wait a while, and hope that the market improves in my area (state)?