All Forum Posts by: Randy Johnston

@Josh 

@Josh Gold, Welcome to BP, you've come to the right place for finding more information on real estate investing. I would also suggest that you check out Rarebird and Northwest REIA, both hold monthly meetings and are great groups for networking.

Good luck.

@Max Brunke Right of redemption is only available of a judicial foreclosure. The borrower has 180 days after the auction to redeem this right, but must not only come up with the unpaid balance, but also any fees and delinquent taxes. This option varies from state to state. For a non-judicial foreclosure, the borrow has no right of redemption.

That said, purchasing redemption rights is a big business and there are teams dedicated to calling homeowners who receive a notice of default (NOD).

I don't remember seeing podcast on this subject, but if you use the search box at the top and type in "right of redemption," I'm sure there are many threads out there.

@Mattin Noblia, Welcome to BP. You may be interested in checking out our local real estate investor groups. Both Rarebird and Northwest REIA hold monthly meetings and are a great way to connect with like-minded investors. Also, we are holding a Portland based BP meet-and-greet on October 11, in Northeast.

Good luck.

@Steven Schaefer, Welcome to BP. You may be interested in checking out our local real estate investor groups. Both Rarebird and Northwest REIA hold monthly meetings and are a great way to connect with like-minded investors. Also, we are holding a Portland based BP meet-and-greet on October 11, in Northeast.

Good luck.

@Kenny Jones, Welcome to BP. I would also suggest that you check out our local real estate investor groups. Both Rarebird and Northwest REIA hold monthly meetings where you can network with like-minded investors. Also, be sure to attend the fall BP meet-and-greet, on October 11, in Northeast, as @JR Hinds suggested.

I also live in Beaverton, let me know if you'd like to meet some time for coffee and to talk real estate investing.

Good luck.

@Chris M., Welcome to BP. I would also suggest that you look into the local real estate investor groups. Both Rarebird and Northwest REIA hold monthly meetings where you can meet like-minded investors. There is also a Portland BP meet-and-greet, on October 11, in Northeast.

Good luck.

@Josh Flaucher, Welcome to BP. I would suggest that you check out our local real estate investor groups. Both Rarebird and Northwest REIA hold monthly meetings and are a great place to network. Also, we are holding a Portland based meet-and-greet on October 11, in Northeast.

Good luck to you and feel free to contact me if you'd like to get together for a coffee or lunch sometime.

@Terry Guthrie, Welcome to BP. Good luck with your new career. 

@Account Closed has the right of it, purchase a multifamily (2 - 4 units) and have someone else help with the mortgage.

@Brandon Holmes, Welcome to BP. I would suggest that you start your real estate education on this site with all the great articles and podcasts. You should also check out the local real estate investor groups, both Rarebird and Northwest REIA hold monthly meetings and are great places to network. Also, there is a Portland based meet-and-greet on October 11, in Northeast.

Contact me with any questions you may have.

Thanks,