So a house is coming up on tax foreclosure in our purchasing neighborhood. 2015's taxes have to be paid before April 2nd or it goes over to the county.

So a house is coming up on tax foreclosure in our purchasing neighborhood. 2015's taxes have to be paid before April 2nd or it goes over to the county.

I had no personal connection to them previously, but did my homework before renting to them and it paid off. 

Here is my current financial situation: My primary residence is paid off and my current equity is worth about 200k.

When handling taxes because interest is deductible I would consult a CPA because I’m not sure if you could deduct the interest paid if it’s not under the LLC’s name.

I will assume you have insurance against loss but the quality of the ins company can make a HUGE difference, and god forbid you need to be made whole from a catastrophe you will wish you had paid a little more for a top rated firm.

When selling I do the same but also if I don't get any calls within the first week, I like to post a paid Facebook ad targeting likely to move, and the income level that my property is best suited for.

Not being local, if you outbid these local guys, you likely over paid.....nothing is going to “slip through the cracks” in the active counties.

I'm a deep South gal at heart, specifically HOTLANTA, but circumstances moved me to Central PA and my REI blood, sweat, and tears paid off in a big, personal way.

Initially we went with this product and signed-up/paid for 12 months.