House Buying for Fixup and Resale

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This are notes I took during a workshop on house buying. Any misinformation is the fault of the note taker.

 

  • Use the online list as it is most current property list to see what has been removed.
  • Don’t do in-depth due diligence until about the last week.
  • Get exact start and stop of auction.
  • Narrowed the list down to the most valuable. and removed vacant. etc.
  • Take out columns you don’t need in an initial first visit.
  • Property on zillo says it’s not for sale, ignore that. It just means that’s it’s not on the market.
  • Blue link that points to the opening bid, improvement amount.
  • The bigger the list, the more chance people can get a property they like.
  • You need to see what real-estate values are going up to determine where to buy.
  • Maybe talk to investors who want to buy land. maybe ask investors where they’re looking.
  • CA: real-estate properties are high in ca.
  • If going through foreclosure, you ca still buy it.
  • Call the country about question about 60 days hold title.
  • Zillo will not bring up apt. just homes.
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