Two Guys Take on Real Estate

Foreclosure auction Before and After Won for 136k Rehab 70k UA for 360k What do you think?

Just snagged a four unit for a steal from a foreclosure auction Winning bid: $87k Rehab: 57k Market value: $400k Expected monthly income: $4,800 The art of the deal? Knowing your market better than the competition. Who else is hunting for underpriced gems?

I don’t think people understand how much a $100k salary vs $100k rental income is after taxes.

Where are property taxes the highest: 1. New Jersey: 2.23% 2. Illinois: 2.08% 3. New Hampshire: 1.93% 4. Vermont: 1.83% 5. Connecticut: 1.79% What do you notice?

Won at foreclosure auction in 2019 for $26,500 This brings in $2,400/mo in rent The current value is $349,000 Would you keep or sell?

Tenant: I moved out, no need for final walkthrough, keep the deposit Us: Deposit?! Here is a 9k bill!

Our real estate portfolio over the last 17 years: 🏡 2008: $160K 2010: $470K 2012: $920k 2014: $5.2M 2016: $29.7M 2018: $50.1M 2020: $24.6M 2022: $44.5M 2024: $47M 7 deals under agreement in 2025 so far!

The market is still crazy Put this two family up this past Sunday for $379900. Two days later we had 4 offers at or over asking ( accepted a 400k offer ) How is your market?

If you think real estate prices are expensive now with 7-8% mortgages? If the Feds drop rates and we get a 5-6% mortgage rates Prices will 🚀 Agree?

The kitchen of a property we won at foreclosure auction For 12k, We are : White shaker cabinets Leathered Granite w/ 4 inch backsplash Tiled floor Paint walls We should be able to rent the house for $2400/mo

🚨 Don't stall your real estate growth! 🏠 Don't get stuck managing a handful of properties! 🤯 Consider 3rd party property management now! 🌟 Let your portfolio flourish! 💼

Foreclosure filings were down 1% from July but up 18% from a year ago Per ATTOM

Shout Out to everyone building wealth in Real Estate from scratch: • No rich parents. • No connections. • No assistance. • No excuses.

How is Real Estate not the best investment? - You Use the bank's money to purchase real estate - The Rental income from tenants pays off the real estate - The government gives you tax breaks to keep more $ - And you own the real estate

💰 Set a strict budget for foreclosure auctions. Factor in repairs, back taxes, and liens. Overbidding can sink your investment. Plan smart, win big!

🛠️ Inspect the property before a foreclosure auction if possible. No access? Research permits, violations, or damage reports. Know what you’re buying!

📜 Foreclosure auctions can be goldmines, but always verify the property’s legal status. Clouded titles or undisclosed liens can wipe out your profits. Stay sharp

🔍 Before bidding at a foreclosure auction, check for unpaid taxes or liens. A clean title is a must to avoid costly surprises. Save headaches, do your homework!

🏠 Buying at a foreclosure auction? Do your due diligence! Research the property’s title, liens, and condition. Hidden issues can turn a deal into a disaster.

5 Indicators where the economy is going: 1. Car repos - 📈 2. Auto repair costs - 📈 3. Hair salons - 📉 4. Pay day loans / Pay later loans - 📈 5. Shopping at discount stores - 📈 Where do you think the economy is going?

Foreclosure flip New issue Had a buyer using a VA loan. Everything went through well for the inspection and the appraisal, but just got the call that they did not get bank financing because... Bank called their current landlord and they don't have a good payment history! 😱 Going back on market 😭