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Updated over 10 years ago on . Most recent reply

Marci Stein's profile image
Marci Stein's profile image
Marci Stein
  • Rental Property Investor
  • from New York, NY
  • Member since Jun 10, 2011
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Marci Stein's profile image
Marci Stein's profile image
Marci Stein
  • Rental Property Investor
  • from New York, NY
  • Member since Jun 10, 2011
Connect
Marci Stein
  • Rental Property Investor
  • New York, NY
504
Votes |
946
Posts
Buying & Selling Real Estate

Don't do what I did

Marci Stein
  • Rental Property Investor
  • New York, NY
Posted

Placed a bid on Auction.com and put down my $2,500 deposit for for a SFH an hour

away,thinking if i get it at this price I can't lose. Wrong!  I then looked up property to find out taxes are 8,000 a year, with rents between 700-800 a month !

When will i learn from all you smart people here to do my research first .

Luckily, someone outbid me , but not before i was up all night worrying i might win it. 

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