All Forum Posts by: Sergey Tkachev

Gotcha, thanks Wayne!

Thanks so much for your response!

I see - what would be the best way to watch it? i.e. is there a way to know when it hits the market aside from driving by and looking to see if a For Sale sign is up or continually scrolling through the MLS or the Homepath site to see if it popped up for sale?

I understand that those may be the only options but I'm trying to figure out if there is any way to save time and target the property specifically? I guess my question is technical, i.e. - how specifically would you "wait", what can you do so you don't miss it when it hits the market? :)

I think this is a somewhat unusual question as I searched and wasn't able to find a specific answer.

I found a boarded property that just recently transferred ownership from the prior owner to Fannie Mae, the deed appears that it was a foreclosure and recorded just a month ago.  In addition, there is a code enforcement case on it that is a couple years old and still open.

My question:  How do I contact Fannie Mae to purchase the property before they list it or auction it off?  In essence, I'm trying to buy it before other competition comes around.  Is that even possible, or are they obligated to sell all properties via auction / mls?

Is there an asset manager who can be contacted re the specific property?  It is in the Sacramento area.  Or do I have to wait for it to appear on Homepath and try to buy it the usual way?

Any suggestions would be really appreciated :)

I've had good experience with BPE Law Group in Fair Oaks.  It was just a short consultation regarding a matter.  They specialize in RE are knowledgable, the owner also talks at some of the local RE clubls.  But again, my experience is not very extensive :)

 Elijah, great to see you on BP!  Looking forward to the Summit :)

Thanks Tapan!  I've been multiple times - great club, would definitely recommend others to attend.  I'll come by once I'm back in town in about a month or so :)

Welcome to the community Albert!

Real estate is definitely challenging but very rewarding if done right - have patience and never give up.  Having a good network of fellow investors will help you get much farther much quicker, and BP is a great place to be but having local contacts in the area where you plan to invest is very important as well (and you can find many of them through BP).  

Like Tapan, I'm in the Sacramento area as well, feel free to connect if you have any questions!

Hoping to join you all the way from California (I might be in town that weekend)

I'm definitely interested! Just hope it won't be the week of March 8-16, I'll be out of the town. Earlier in the week is best :)

I'm interested in joining as well, really enjoyed the out of state meetup. Hoping it will be on a weekend when I'm in town - March 8th won't work for me either.

Agree with @Will Barnard on the topics he mentioned.