Always follow through on the paperwork but also attempt to find alternate solutions.

I haven't been bidding quite that much, but I've had a few failed attempts over the last few weeks as well.

Hi Justin,My husband and I just attempted our first BRRRR in the Bozeman area.

We were focused on BRRRR strategy attempting to buy SFR for cash--our target price was $150K or less/rehab up to $50K/all in at 75% ARV/$200 per month cashflow/min 15% CoCROI. 

Does everyone think I should attempt to buy the first SFH as the second is not guaranteed and see what happens down the road assuming the SFH shows well when I see it and etc. and play the second one by ear?

As others have mentioned, I recommend serving notice when the resident is late the next time...and also attempting cash for keys (which likely won't work because he won't have many places to go and he's got it made for the near future).

At this point they owe me more than 20k and just ignoring all my attempts to talk to them.I really have no idea what to do but hope and pray that I can get them out one day and maybe just maybe collect the money owed to me over many years as their balance is quite large.Very frustrating and has me petrified of my few other tenants in terms of trying to get them out and or get a rent raise to just cover the recent massive hike in real estate taxes the county put in place to cover their supposed deficit, never mind getting to market rent which has skyrocketed last few months (im in valley stream) for large single family homes.

With COVID this is understandable, but with restaurants opening back up I think we should attempt a meet up.

@Lisa Jones I have a lot of experience in Florida doing what you're attempting to do, buy the property before the tax deed sale happens.

However, due to the fact that there is no cash flow from the property and a significant amount of equity tied up (should net ~$250-300k), resulting primarily from the appreciation and essentially earning no return on that "new" money...along with the archaic laws/rules Seattle has/is enacting that will remain long after COVID ends, I decided to sell.