All Forum Posts by: Brian Holt

Hi all,

I'm wondering if anyone here has had success reaching out to occupants of a home you bought at a tax deed sale? I'm wondering the best approach to get off on the right foot as I imagine it can be a pretty sticky situation. Any letters that have gotten a good response from a resident? Would love a sample if so. I am attending a tax deed sale later this month and have driven by most of the listings and many of the ones I am interested in appear to still be occupied. Thanks in advance for any and all input.

Thanks,

Brian

Looks amazing! Great Job and nice profit.

Appreciate you allowing us to learn from your experience!

Anyone have a group or meeting set up in central Pa? Specifically, Northumberland, union or Snyder county? Thanks!

Being new to the real estate investment world, I have a question for the seasoned rental property investors on bigger pockets. I have looked at several duplexes in my area and what I am finding is that I can get a duplex for as low as 45-50k that will bring in rents of 450-550 per side. Or, I can buy a duplex for 70-80k with rents of 600-700 per side. With the actual numbers I have run they all generally have cap rates between 9.5 and 10.

I have been really leaning toward the more expensive buildings because as you can guess they are in much nicer shape, more updated and I would be much happier showing units like that to prospective tenants. Obviously with the less expensive units I could buy more, quicker....but probably pay a more for maintenance. Thoughts from the group?

Looks amazing! Congrats.

Wow, what a mess! Best of luck getting everything straightened out.

Thanks all, appreciate the warm welcome!

So I'm another new real estate investor in Central PA. Currently scouring opportunities in Snyder, Northumberland and Union counties. 

I have been reading a ton of books, researching online and recently found Bigger Pockets. What a great resource!

Look forward to learning more and hopefully one day being able to help wherever possible.

Thanks everyone for the input!