All Forum Posts by: Sean Mooney

Just getting in to the game. Looking at two HUD properties. One is a town home the other a single family with a pool. I know both neighborhoods pretty well. Aware actually getting these properties can be tricky. Looking for any advice, especially on getting prepared to bid on the property and pulling off the buy.

Great advice Kenneth. I am already looking a two properties this weekend. Both are HUD offerings. I hear they can be tricky and there is an art to knowing what to bid. Feel if I keep taking action and moving forward I will get where I want to be. Your comments are much appreciated.

Thanks Mike. What method do you think is best from your view point, still buy and hold?

Great information Mary. I have purchased and sold many homes over the years. Realize I should have held on to a few but certainly understand the concept of buy and hold. Have even done an Airbnb for a year with a home before moving back in to it so I am well versed on what is involved in ST rentals. I have obtained a real estate license but have not pursued beyond referral because also working as a W2. Looking for the best path to take at this point now that I have more cash to invest. Very interested in flipping but concerned about tax downside and know deals can be hard to find. That is the definitely the question... what path do I take? I think starting here has been a great first step.

Are rental properties still a good option when you are buying after 60? Are short term rentals better or flips? I have more drive and determination than time. Would love to hear from people in the same situation and anyone else who might have thoughts on the subject