All Forum Posts by: Rafael Floresta

Does the NJ region count? I've been going to the Gloucester county sheriff sale weekly. It seems a good place to get some deals, but the volume is very low.

Here is a count of properties per year that were sold in the Gloucester county auction. These numbers does not include the ones that were went back to the bank.

2014: 3

2013: 33

2012: 9

2011: 7

2010: 24

2009: 24

2008: 23

I dont have info on Philly yet... But I'd like to get that data and play with it...

interesting theory. Do you have some more info on it? This is the only thing I could find:

Most of the time you can get it by just stopping by the tax collector office. Sometimes it changes between counties, but most of them you can. I'd give them a call and ask.

@Michael Begley did you succeed charging more rent for a solar?

I'd love to hear what your experience has been so far.

I've heard the historic district in Wilmington is turning around really well. I wonder what are your thoughts being so close to it.

Ray, I agree that isn't the right formula to invest, but it might make sense to pay a bit more to get a home you love to live in.

But by all means, safer is better, not disagreeing there! :)

You should listen to this podcast then:

http://www.biggerpockets.com/renewsblog/2013/09/26/lifestyle-investing-podcast-aaron-mazzrillo/

If I lived close enough to this guy, I'd be knocking at his door everyday until he got me a deal.

loopnet is good for plexes. Might not be cost effective. Going to a local meetup with wholesalers might help.

http://www.meetup.com/Real-Estate-Millionaire-Mastermind-of-Northeast-Ohio/events/163045572/

@Anson Young what is the name of that company? I'd like to use their service as well.

I like what Andy said. Look for warning signs on your tour, and maybe try to get an "estimate" or a "checkup" from a specialist before you get the home inspection. Sometimes it wont work when buying a owner occupied house. It is easier to have two inspections when the house is vacant.

If you are doing a flip, maybe go to a couple REIA meetings, friend a flipper and have him walk it with you. They will be able to see a lot of things you wont, and even stuff that the home inspector won't say it is a "problem". For example, if the roof is 10 years old, but there isnt signs of leaks, the home inspector wont report as something that needs to be fixed, but a flipper will see it.

REIA is also a good place to get recommendations about home inspectors.

I urge you to review who you use afterwords. It amazes me how there are very little reviews on home inspectors.

I'd go with the most expensive one that has many reviews and would take a complaint seriously rather than a 0 reviews guy off the yellow pages.