Quote from @Chris Seveney: Quote from @Eric Henson: Do you guys ever take the risk of buying a foreclosure at sheriff sale with the previous owner still living in it?

My vision is for this meetup to be informal and organic.

My wife and I are hoping to buy another single family home that is bigger sometime in the next year for our new family and potentially rent out our current home to tenants.

@Dennis Bragg, how did you factor improvements and market appreciation into the buy-back price?

Quote from @Arthur Savery: Quote from @Jaycee Greene: Quote from @Arthur Savery: Investment Info:Condo buy & hold investment.

I’m weighing two options for our housing situation and would greatly appreciate your advice, given the complexities involved.1.Renovate and Buy Another Property•Invest to renovate our current home adding a bedroom to the house given our family outgrew the house.

A common theme amongst those who are successful scaling a real estate portfolio and affiliate real estate businesses is organization skills that allow for systems to be implemented.

@Sakib KhanRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Feel free to inquire about their staff qualifications if it's a larger organization.2.

These are three phases in the buying process where the buyer could walk away from the deal.