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All Forum Posts by: Ashley Rice

Ashley Rice has started 2 posts and replied 6 times.

Post: Any advice about Tax Overage income?

Ashley RicePosted
  • Farmingdale, ME
  • Posts 6
  • Votes 3

@Wayne Brooks

Thank you. That is what I suspected. 

Post: Duplex, Triplex, or Quad?

Ashley RicePosted
  • Farmingdale, ME
  • Posts 6
  • Votes 3

I am new to this, but from everything I have found and heard on the BP podcasts, you are better off going with a quad. You can use a residential loan if you live there which helps. Also as long as the deal is right, if you end up with a vacancy, more units allows you more wiggle room in your financial burden for the property. I hope this helps. 

Post: Any advice about Tax Overage income?

Ashley RicePosted
  • Farmingdale, ME
  • Posts 6
  • Votes 3

I was introduced to the idea of finders fees for reuniting home owners of tax foreclosures with overage money by a webinar today. The program calls for you to pay over $1000 for a training program to learn how to do this. I am skeptical about programs you pay for, especially online. Has anyone ever done any "investments" like this? These guys get finders fees of 35-40% of the funds returned for the tax overages. They market the program as "A Robinhood Approach". 

Any advice? 

Post: New Member, New to Maine, New to the game

Ashley RicePosted
  • Farmingdale, ME
  • Posts 6
  • Votes 3

Thank you @Mark Nolan. I will check it out right now! 

Post: New Member, New to Maine, New to the game

Ashley RicePosted
  • Farmingdale, ME
  • Posts 6
  • Votes 3

Thank you everyone for the warm welcomes. 

Post: New Member, New to Maine, New to the game

Ashley RicePosted
  • Farmingdale, ME
  • Posts 6
  • Votes 3

Hello everyone! I am very excited to be a new member of bigger pockets.com. I have been listening to the pod casts for about a year and now that my husband and I have settled down in the great state of Maine, we are ready to invest.

My husband and I have traveled and lived all over the nation and now that we are done with the military and school, it is time to start getting serious about real estate. Right now we own a home, and rent our previous single family home. Renting has given us insight into opportunities we have been missing out on, and we are ready to dive in!