We have set up filters and find some pre-foreclosure and foreclosure properties in our area which we want to look further. 

Once you start doing deals, you can roll the profits back in to the business and start doing direct mail - I’d start with your D4$ list and then add other niche lists as your budget grows.

My investing journey literally started with properties falling into my lap pre-2013 so when I started hearing all these terms I was confused.

Analyze deals, get pre-approved for financing, and set goals.Good luck!

To prepare:Line Up a Cost Segregation Specialist: Reach out to a reputable firm now so they can review your property soon after purchase.Document Pre-Purchase Costs: Any fees or improvements related to acquisition should be organized for easier allocation.Tax Strategy Planning: Consult your CPA to align this with your overall real estate strategy and optimize benefits for 2025.This post does not create a CPA-Client relationship.

Public records will reveal if a home is in the pre-foreclosure stage.

That would raise suspicion to me that they are not paying their appropriate taxes but I would check with your CPA about it.Using your money without consent, that is also a problem but that maybe part of something you signed.Frankly it isn't that much of a hassle once you get rolling.

Send me a DM and I'll send you my pre screening form I have them fill out.

The thing that got this whole idea rolling is that California just passed sweeping statewide regulations.

Compared to the recent pricing peak in May 2022, single-family home prices in Austin are down approximately 15%.For some broader context, here’s a chart of the median sales price of a single-family home in Austin over the past 10 years:As you can see, prices in Austin are still substantially above pre-pandemic levels.