Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Tasha Jones

Tasha Jones has started 3 posts and replied 9 times.

Thank you soo much for the deep breakdown. Well, understood. Certainty wont be paying everything upfront been though that before. Its just the survey part threw me off. But thanks again for all your  knowledge.

Thanks for the response. So they can't do anything illegal with it right.

If a contractor is asking for a copy of the survey to your property so they can draw out a plan to remodel the inside of your house is that normal. 

Quote from @Luis Maqueira:
Quote from @Tasha Jones:

Hey BP fam, I have a couple of questions about buying foreclosure properties. I see a couple of them in my area are due to auction off next month and I wanted to know the pros and cons of buying foreclosure properties.. Any advice would help thanks..

Foreclosure is a big word.  It depends where you buy them if it is an REO most of the liens are satisfied and also property should be vacant. if you are thinking of buying at the court auction, my advice get together with an investor group that have the experience to do it.
It a all cash deal and can have many headaches, you will need the experience to clear them out.  Can you make a lot of money yes but you are going to have to work it. @luis maqueira 
@Luis Maqueira thanks for the feedback.

@Jon K thanks for the feedback. I did do some research about it. And i learned also that house flippers are usually the ones buying them and reselling them. It's too time consuming. Thanks for the info 👍🏽...

Hey BP fam, I have a couple of questions about buying foreclosure properties. I see a couple of them in my area are due to auction off next month and I wanted to know the pros and cons of buying foreclosure properties.. Any advice would help thanks..

Post: Newbie to the BP community

Tasha JonesPosted
  • Posts 10
  • Votes 1

@ Trevor Fleck thanks so much for your advice. With half of the money that was in the equity i reinvested it back into the house by remodeling it completely inside and out. Currently I'm still staying in the property but I soon want to rent it out so I can start to get back some of the money I invested into it. And work on buying a duplex to rent one side and stay in the other side. But thanks again I will be most definitely looking into the suggestion Rent to Retirement. 

Post: Newbie to the BP community

Tasha JonesPosted
  • Posts 10
  • Votes 1

Thanks for your advice Nathan G. As far as family dynamics me and my mom are very close she just didn't want the house cause she was moving out of the states so I suggested to her that I take over the mortgage payments. And she agreed cause I have always been a responsible person.

Post: Newbie to the BP community

Tasha JonesPosted
  • Posts 10
  • Votes 1

Hey BP community, new to investing for a profit but not to real estate. I live in Miami, Fl at the age of 25 i was giving my childhood house i grow up in from my mom. Under a couple conditions I was responsible for making the mortgage payments and maintaining the property until I put it in my name. As of the beginning of last year, that's what I did. But doing the process I managed to build over 150k into the equity by not letting my mom refi the property. Now I understand things more about the real estate world. I'm preparing myself to start investing more in real estate for a profit. Just wanted to know if anyone had any suggestions on where to start my journey. Thanks in advance