All Forum Posts by: Sonya Braddock

This is a very informative thread.  Thanks to everyone for sharing your knowledge and experiences.  I'm currently taking my pre-licensing course and look forward to building my real estate business.

@Ned Carey I was very surprised by how high the bids were and the competitiveness of the sale.  I was able to secure one nice property, but  was hoping to get two.   I look forward to next year's sale and plan to be more prepared.

@Ned Carey Thanks!  I submitted bids for today's sale and learned a lot through the experience.

@Ned Carey Re: Baltimore... How do you evaluate which tax lien properties to bid on?  Also, what is a good rule of thumb for determining a bid amount?  

@Michael Van My budget is $300,000 and I'm looking to finance with a local credit union.  I will not live in the property.  

Hi.  I'm a new investor looking to purchase a multi unit (4+) in Chicago.  Any recommendations regarding location?

Jenny, Thanks for sharing your investment experiences. Did you set up an LLC to purchase your properties?