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Welcome back to another episode of the y ‘all are crazy ranch podcast We’re excited to be with you today and before we get started. We would like to ask you to push pause Go into our podcast Thing on Apple podcast when you call it the tab and leave us a rating and review it really helps other people find us
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Yep, so today we’re gonna talk about how sheriff sales work. And we’re talking real estate today.
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What is a sheriff sale?
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So a sheriff sale is, I guess there’s this, well, there are several instances that a house could come upon sheriff sale. Let’s say somebody passes away and they had a mortgage on the property and therefore that mortgage never got paid. Eventually the bank will foreclose on it, goes through a big long process. I think usually they take a couple years. It’s kind of our experience. I don’t know if it’s different in other parts of the country, but. And then eventually it comes on the sheriff sale.
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and it could happen too if somebody just doesn’t pay their mortgage and goes through bankruptcy and I don’t know just abandons the house you know and then or is still living there but just not making payments yeah that is true too and then they you know the the sheriff’s department in your county will have a list on like a website that shows the properties that are coming up for sheriff sale and explains kind of the rules and like for us it’s on like I think it’s the first Tuesday of every month it might be the second Tuesday of every month at 10 a .m. at the courthouse yeah so every county is a little bit different what got us interested in purchasing sheriff sales I think this is important to start kind of at the beginning because obviously
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we love purchasing properties that are on the MLS system. Being a real estate agent, I have access to those and we can go see them whenever we want and we have purchased a lot of houses that way. That’s more of the conventional way. You have your realtor, you find a house on MLS, you go see it, you make an offer, you go under contract. And sometimes we still find great deals that way. However, those are obviously more, the public is more aware of those. So sometimes you are not as able to get as great of deals. Sheriff sales, you can get some really great deals if you are brave.
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That’s the key. So buying on the MLS, you’re usually gonna buy a house that’s in a lot better shape, usually. Usually it’s not gonna be left completely full of junk and trash.
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But we will talk about tiny house in this episode. It’s a…
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Cabeat it was. Yep. Yep. Forget about that On the sheriff sale you have to be willing to you have to be a risky person a risk -taker Yes, because most of the time you don’t get access to the property before you buy it, right? You know, we will drive by them Kind of try to see if anybody’s still living there peek in the window Yeah Which you’re always worried like I’m gonna get shot, you know, somebody living in there There are definitely sometimes squatters my friend Becky. They had they had a squatter living in one they purchased yeah, so you have to be very comfortable with taking risk and Not knowing what the inside might be and it’s an adventure. Yes and
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You know at the same time you’ve got to know your numbers and make sure that what you’re paying for it You’re comfortable with whatever you perceive the remodel budget is gonna be Yeah, and you know the the big the number one thing about sheriff sales other than being a risk -taker Is that with a sheriff sale you have to pay cash? I think so We think so that’s all we’ve ever done The way it works is is you know you show up to the auction at in our case 10 a .m Tuesday morning the sheriff comes out and he’s got the Oklahoma Grassfed Beef papers of the different properties Some are houses some are pieces of land just whatever the properties that are on the docket and it’s an auction He’s like hey now. We’re bidding off case number CJ
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You know whatever and like the opening bid is usually the county goes out and does an appraisal of the property and It’s usually a low appraisal Compared to like if you were listing the house and selling it, but they take into account I think the condition it’s in so And then the opening bid is usually two -thirds of the amount that they appraised the property for So I think we did one last week. I think it appraised for a hundred and twenty five thousand Don’t you can check my math, but I’m not doing math in my head right now and the opening bid was eighty eight thousand If that’s two -thirds and so the sheriff’s like opening bid eighty eight thousand anybody, you know, then you’re like, yep You know, then there’s anybody else in the Oklahoma Grassfed Beef room. They’re like, alright eighty eight thousand Anybody eighty nine thousand, you know, and in our case, I don’t think I competed against anybody on that one
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No, I don’t remember how it went, but whoever’s the highest bidder gets it and then you’ve got to go put your 10 % down of whatever you paid for the house agreed to pay. Take a cashier’s check to the court clerk’s office.
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Within 24 hours.
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Within 24 hours you got to put your 10 % down and so that’s kind of why we say is we do them with cash because if you had to go I don’t know get a bank or…
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Well and honestly most of these are not in the could get a loan on them. I mean that’s the truth.
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Not a conventional loan.
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Right well yeah definitely not a FHA or a VA. So it you know I’d most lenders would not lend on these houses because
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Well, normally they can’t get into them because they’re locked up and you don’t have a key. There’s no realtor involved. So, and then a lot of them might have foundation issues or the roof looks terrible. So just a lot of these alone would not be possible on them.
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No, but maybe you have a line of credit, you know, that’s just doesn’t matter how you use the money. You could use that. Something like that. And then there’s usually a court date, you know, about 30 days after the sale was, you know.
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What is that court date called?
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A confirmation of sale, I believe. And so like we just did one last week and the confirmation of sale, the court date is like April 29th at 9 a .m. So I’ll go to the courthouse. You have to have the remaining balance of that house paid for before that court date.
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And so if you had, if you were trying to use a mortgage, you, you know, I just don’t, it wouldn’t work. Um, a line of credit would work as long as it wasn’t tied to anything, you know, maybe an unsecured or a home equity line of credit would work. Um, but you got to have the balance paid before the court, that court date. And then the judge, you know, has the paperwork and, uh, from the attorney and saying, hey, this person has taken over this property, a share of sale for this price. And they sign off on it, confirm the deal. And then, um, you take some paperwork and go to the sheriff. They sign it and then you file your sheriff’s deed with the, um, uh, with the other office of John a blank, uh, court clerk, the court clerk or the, yeah, county clerk or whatever.
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and then they will put the deed in your name.
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Okay, well let’s talk about some fun things, because I feel like that stuff is all very official and you need to know it, but let’s tell some stories.
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Oh, there’s some stories.
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That’s the fun part about share of sales is the stories that go along with it. Okay, so one thing I wanted to say is, like you said, you have to be knowledgeable when you buy these things, because if you overpay, just like with any property, you don’t want to overpay, because with these, you’re gonna have to put money into them, so you have to make sure that what you buy it for plus what you put into it is going to be worth it at the end, so you have to be knowledgeable about your local real estate market where this house is being bought. Like for us, it would not bode well for us to go buy a share of sale potentially in another area that we don’t really know, you know? So we’re familiar with where we buy because we know our market.
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we know This is how much it costs to put a roof on to put an HVAC To do the paint and the flooring and and at the end of the day We know pretty close what this house is gonna appraise for You know and sometimes we have been wrong on this appraisal Mike It comes in lower and we’ve fought appraisals and got it to the amount we needed to get to Because we are confident in our numbers, right? So if you are doing this contact a realtor that you trust that can help you with these numbers and help them make sense yeah, and we might tell you all the one we’re working on right now and what what what the numbers are and what we project it to be and give you guys like a real -life example, but
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you know starting off with like the stories you know when you get a sheriff sale too they don’t give you a key to the house it’s not like congratulations yeah closing day here’s a Oklahoma Grassfed Beef basket and your keys for your new home they’re like we are not responsible for anything of the property it’s all you you’re buying it as is don’t come to us for any questions you know like that’s it’s all you and you usually document entering the home for the first time usually with john wane well yeah so john wane’s been a part of several of our sheriff sales and we kind of have an inside joke and i always tell him john be sure to bring your key you know and his key might be bolt cutters it might be a
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What do you call those things like Jackie Ram? Well, he brought like a t -post driver that we were actually gonna use to like ram the door Or it could be his foot, you know, yes kicking in we have kicked in doors a couple houses ago I think I kicked in one of the doors, but you never know what’s behind those doors That’s the scary and I honestly don’t like to be the first one to go over there No, I like letting you and John go first. Yeah, cuz it’s a little scary There might be a squatter in there, you know or something you never know you have your gun ready. I’m sure always Yeah, always and this last one, you know, we had a it had a garage door That was like wooden panels and it had glass kind of eye level And these in this garage doors rotten like it’s been really bad It’s bad You could tell the bottom was just really rotten and we had tested all the windows the doors We couldn’t get in it was all locked and so John just
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John just kicks the garage door bottom panel and just knocks it down you know and creates a hole in the Oklahoma Grassfed Beef garage door and then We said we sent Evan his son in, you know crawl You know most houses they never locked the garage the door that goes from the garage to the house and so Evan crawled in under there and then went in and got into the house and he opened the door and he’s like 20 like let’s be let’s be clear.
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It’s not a child that we’re sending into this home. Okay, Evan is a man He’s a man. He’s a young man. Yeah, he’s an adult.
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So yeah, you know little 12 year old in there he’s like, oh man, you know and he walks into the house and lets us in the front door and may we walk in there and it’s just
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I don’t know, you know, moldy, mildewy, just moisture. You could just sense the moisture walking in. This kind of funk.
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Well, it probably hadn’t been opened in what, four or five years?
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I don’t know.
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Probably, based on what we have heard.
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You know, but here’s kind of a deal. Like we looked from the outside and the roof looked horrible, okay? Oh yeah. So anybody can look at this roof and go, okay, first thing, I gotta put a new roof on. We knew that, right? Well, what we didn’t really know was when I walked in the house, I mean, there’s junk everywhere.
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As is with most sheriff sale houses. Very rarely will you go into one that it’s just cleaned out for ya.
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And you go towards the back door and then in the kitchen and the whole ceiling is caved in The insulation from up above is just covering the whole kitchen counter the floor The entryway to the back door What I love about this story is you came home that day and I said how was the house and you said overall good Not bad.
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I feel good about it Well, then you know you posted a video of you and john walking through the house And some of my friends were like, oh my gosh like that house you guys bought was like terrible And I said, you know, what’s funny bronson walked in and told me overall good and they’re like, how is that good? That was terrible.
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We’ve done a lot worse, you know a lot worse And what was crazy is is this person had Like those storage tubs like those totes those plastic tubs. They’ve got the lids In the kitchen like up against the wall. I’m talking like the 30 gallon size
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and they were completely full of water. He even had little Tupperware dishes like on the window sill, completely full of water, moss growing in them to catch the rain that was coming in through the roof. There’s a hole in the roof.
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So was it like that when he lived there? So he lived with his roof in that condition.
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Yeah, oh yeah.
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Yikes.
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So in that area there’s mold on the wall and stuff like that and it’s just gross, stinks.
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Every house tells a story.
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It does.
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And like you said, roofs are costly and that’s why a lot of people don’t like Oklahoma Grassfed Beef sheriff sales because the things that have to be fixed are normally very expensive. A roof, easily 15, 20 ,000.
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Yeah, for sure. HVAC very common to have to replace because it’s either broken or people have swiped the units or the parts that go with it.
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Yeah.
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You know, so those are like, oh, that could be a $30 ,000 combined fix right away that have to be done.
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It does. It does. But, you know, I remember when we walked in, there’s a fish tank in the Oklahoma Grassfed Beef living room. Luckily, no water or dead fish in it. Surprising. And I was like, oh, there’s a fish tank. And John’s like, well, here’s a fish. And it was a large mouth bass.
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We should bring that, babe, and hang it on in the podcast studio.
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The large mouth bass? Yeah.
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That’s a pretty good one. Is it mounted on like a log?
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Oh, it’s a mat.
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Well, yeah. Yeah. We’ll hang it up and then it’ll be a memory.
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Yeah. And he’s like, here’s a fish. Anyway, that was just kind of funny because it’s like a dead bass. It’s never been in that fish.
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take obviously but whatever happened to Papa’s bass mounted bass I don’t know I think maybe dad or over any gun we should get one of those they were kind of falling apart well Philip fish get kind of scaly yeah well they are scaly they just kind of fall apart I feel like anyway fish yeah that was funny yeah that house is but we did walk into the garage and guess what I found guess a treasure a true and this is not the first time this is the oh yeah what did you find what is behind door number one we got a 2005 Ford Explorer that’s the year we graduated high school and now that is like vintage yeah 2005 Ford Explorer it’s like it’s like royal blue it’s a VA four -wheel drive leather seats
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So you better believe I’m gonna be rolling around well, what’s funny is our son He’s 12 Bowen was like that’s gonna be my car.
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I mean what 12 year old is like, yeah I want that but he’s excited about it Yeah, and we’ve had this happen before on one property and we found a 98 Ford Taurus in there. I think we’ve told that story Thankfully you sold that I did but drove it for a couple you were so proud of that and I was so embarrassed Of it was great. So what was one? It’s got like the oval headlights, you know And then the windows are kind of you act like this is good. Oh, it’s great. It’s not I mean when you see that kind of that car, you know what it is. Like it’s that Taurus.
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It’s that year those years So fancy is funny, but it is funny to find a car. That’s not like normal No, but it does happen. And so what it’s illegally we have to like
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Get title is a process. So you have to you know, I got a lady that does these things called a title 42 or something but they you know, they make several public notifications of I don’t know if this belongs to anybody else other than a title donor if There’s an heir to this or something and anyway It takes like three months to get the title in my name and we started that process this week And so we’re getting a new car guys. Yeah exciting.
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I think in the Middle -to -late June we should have a title in our name So and what’s funny is now that you’ve gone over several times you’ve checked the the property out made sure it’s safe Yeah Now you take Bowen over there with you I think you guys have gone twice and Bowen like loves it because this guy was a hoarder as are a lot of these Serif sale properties and so he’s like what treasures am I gonna find today? Oh, yeah, he came back last Sunday after y ‘all went and he’s like mom. He found flashlights that had never been used
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pocket knives, like a boy’s and man’s treasure chest.
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Oh yeah, tools, hatchets, little shovels.
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That ice chest that had never been used with a seat that goes on top of it.
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Yeah, oh yeah, yeah.
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He’s like, mom, look, so cool.
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Yeah, we spent a couple hours over there at least and he can’t wait to go back. And so we’re sorting through, you know, throwing away trash and finding treasures at the same time.
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Well, what I love about this is because of this kind of thing that we do, we get to have some in -depth conversations with our kids. And so both of us at different times have had conversations with our 12 year old about, okay, this is why we do this. This is why we buy real estate because real estate appreciates over time. This is what that means.
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This is why we buy properties cheap, fix them up. This is what equity means. We didn’t learn that growing up, and now we, nobody does, like who learns that growing up? So we wanna teach that to our kids. And also like, okay, a car is a depreciating asset, and like this is how that works. So these kind of things allow us to have conversations with our kids that are gonna help them in life.
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Yeah, and they get to see real life examples. You’re not just talking to them.
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Another thing we love about doing things like this is we get to make an impact in our community. We take a house that’s been dilapidated and forgotten about and has just been rotting, and we get to make it beautiful again and make it habitable so that someone can live there and raise their family. Like that’s a blessing to us and to others.
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Yeah, I mean we had several people comment on my video that they’re glad we bought it.
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because we’ve kind of built a reputation of we’re going to make those properties great.
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We’re not just slapping lipstick on a pig as they call it. Like we don’t just be like okay fresh paint move in a slumlord type of situation. Like we actually make them really nice.
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Yeah and that would be kind of one of my pieces of advice on this stuff when you’re doing this kind of real estate stuff is do it right the first time. Do it nice and do it right the first time. Spend more money doing it right and then you won’t have any issues as a landlord moving forward renting it out. So we’re putting a whole new roof on. It’s got two layers of roofing on it. We’re going to rip it all off. You know do it all right. We’re going back to a really high quality roof. Fixing the soffit in the face. Putting all new gutters on. Just that right there is a $20 ,000 fix.
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absolutely so you know that’s just and we’re put you know we’ll check does it need a new HVAC if it does we’ll put that in because you don’t want to have a window unit in every room yeah so yeah doing things right we take pride in making the color scheme right doing nice countertops like making it nice so granite countertops in yeah and I feel like you know when we buy a property like this we basically look at it with three options we can either flip it and sell it which we don’t do very often because of tax reasons and such but that’s an option and I have friends that that’s that’s all they do like they they they flip for profit that’s an option renting it out is an option or turning it into an Airbnb is an option and we have done all three in this case we’re gonna use this as a rental property but we look at each house case by case and say what do we want to do with it yeah
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Yeah. And it’s not fun to go spend 20 ,000 on a new roof and everything.
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That’s, you know, but we knew going into it.
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We did. Yeah, we did. And we got the price that we needed to do this. But, you know, and we hire a good roofer, you know, good. We hire, try to hire good contractors on those things to get the job done. Right. Don’t cut corners and go with some shade tree person. That’s, you know, going to not do it right.
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You’ll have more problems down the road.
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You will. You will. And you’ll build a bad reputation of, you know, shortcutting everything. Nobody want to live in your properties. You know, for us, at least right now, when we post a property or, you know, people are always asking us, do you have any more to rent? Do you have any more to rent?
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We have a wait list at this point, which is what we wanted to create when we started doing this.
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We want to provide a good home for people to live in that they can be proud of. And then we can charge a little bit better rent on that because it’s a nicer property and get a little better tenant that hopefully won’t cause as many issues for us. It’s kind of a win -win.
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But, yeah, so this house, we picked it up for $88 ,000 on the share of sale. So three bed, two bath, did I say it was 1 ,700 square feet? Is that right?
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Probably.
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It’s right around 1 ,700 square feet, two car garage, brick home, nice kind of corner lot. You know, big wooded, you know, kind of lot. And how much you think we’re gonna spend to fix it up? I think it’s gonna be about 40.
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I was gonna say 50.
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It might be 50.
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With the roof and the potential HVAC, I’m gonna say 50.
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It could be 50. So if it’s 50, we’re gonna be in it for 148 ,000, right? Is that math right?
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Yes.
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138 ,000.
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Yes, 138.
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Let’s say 140. So call it 140 ,000.
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And that’s we got to repaint all on the inside a lot of sheetrock repair all new flooring all new plumbing But we just did a house in this neighborhood a couple years ago, and we know what that appraised for Yeah, just a few houses down around the curve and we got a new backsplash in the kitchen I’m just trying to think you know new showers and So hey, I think we’ll be in it for about a hundred and forty thousand And then what do you think it should appraise for you think what did the other house appraised for in that neighborhood? I think it was 210.
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I don’t know 215 yeah something like that So we feel pretty confident that we’ve got that the good equity in that and if we wouldn’t have okay Say you were at the sheriff sale and the price kept climbing which happens sometimes
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and we basically go into a share of sale with this is our highest amount we’ll pay. So if it would have kept climbing into the 115, 120, you know, and sometimes it goes so high that you’re like, okay, this doesn’t make sense anymore. This goes past what we agreed upon. We know that we don’t feel comfortable that we have enough equity in this. It doesn’t make sense. And sometimes with share of sales, you might really want a house going into it, but you can’t get too attached because sometimes you gotta let it go. Because if it does not make sense, you should not buy it. With this one, we were very confident and we got it for the price we needed. And we know that we have the equity in it that makes sense.
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Yeah, it’s like that saying, you gotta know when to hold them and when to fold them.
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Yes, you have a good poker face too.
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Oh yeah. Yeah, I like to mess with people on the bids and have some fun when it’s at the sheriff sale, you know.
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You do. Yeah.
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I might show up in my overalls and boots. I might show up in a suit.
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You never know.
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You never know. They’re always like, who’s this guy? Sometimes I’m bidding right out the gate. You know, I think on this last one, I let two guys bid back and forth like several times and I didn’t even bid once. And then the sheriff was like, all right, going once, going twice. And then I was like, boom, I’ll take it. And that guy, the other guy was like, what?
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Came out of nowhere.
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And then he counted me one time and I counted him back. And I think he knew, you know, I wasn’t going to back down anywhere around in there.
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that price and we got it so it’s a lot of fun.
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Well I want to talk about two properties too that we did not buy from Sheriff sales but they were in really bad condition. I mentioned tiny house so we’ll talk about that real quick. That was an MLS property but it was a foreclosure which is not always on MLS but this was. Okay the tiniest house we’ve ever seen it’s 520 square feet you can walk in the front door and see every room in the house. It’s like a little apartment basically but it’s a house two bed one bath. We bought this thing for $12 ,000. Okay but we took this thing down to the like I say the studs but it was past the studs. It had to have a brand new foundation and and new studs put in so it’s like people are like what did you save from it and I’m like the footprint of the house I guess like the layouts the name as it was but everything else is new.
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That was an adventure I never even knew.
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The good thing about is it was
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So like the materials weren’t didn’t cost as much because the footprint was so small Yeah, I mean, you know this house was built with a rock foundation and the foundation was a hundred years old in parts There’s parts of it that were like rock, you know Not cinder block and there wasn’t like a concrete footing poured around underneath there So man we went in there and ripped the whole inside out all the things I remember we tore off paneling off the wall in the living room Just took the paneling off and then you could see outside. No insulation There is no insulation and this the wooden siding on the outside was so rotten it had holes in it And so it was like man That still to this day like one of our favorite houses we’ve ever done that is an Airbnb So it’s our route 66 theme house and it is just literally the cutest house you’ve ever seen inside and outside
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But it’s brand new and what I love about it is we made it such a cute thing a cute house on a on a street That is not full of cute houses.
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Like we renovated that Yeah, and I mean we took the floor out and then we ended up having to like run boards underneath the entire house and Jack the house up in the air. Yes So the house was suspended in the air for quite a while while we knocked all the old foundation out And then we had to dig a footing all the way around pour concrete in it and then build new foundation with block Back and then set the house back down on it People look at looked at that house who drove by it and they’re like what is going on?
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Like there’s a house up in the air But see that goes back to like doing it, right?
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We could have not touched the foundation and just redone the house on up but didn’t you we’re gonna have problems later on when that thing’s starting to buckle and sag and
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Anyway, you got to do it right and that was a fun one.
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Yeah, the other one I’m thinking about is the first house We bought when we moved to Chandler Which was the Thacker house? Yeah, this is now an Airbnb It’s called sweet home sweet home, Oklahoma But this was the house we lived in for a year and a half when we first moved to town we’ve talked about this before because we moved from our Million, I don’t know 1 .5 million dollar home 1 .8 million dollar home to this little We bought it for 125. Yeah this this house that was literally like abandoned falling apart We didn’t do inspections when we moved in because we kind of knew what we were getting into for the most part But man we moved into this house. Well, I remember walking into it. We were just looking and I was like babe, we’re gonna live in this house
[00:29:06.500]
And you’re like, why, why, why would we live here? But mama’s in mama’s intuition. I’m in touch with the Holy Spirit, okay? So when I feel that and I speak it out loud, it’s gonna happen. So, and we did, we lived there for a year and a half, slept on air mattresses, no heat in January, three month old baby, five other kids, like dust blowing up in the ducts. That was an experience, very humbling. I think everyone should do this in their life, okay? It’s a very humbling experience. But we bought this house for 125 ,000. I don’t remember what we put into it, but we did a lot of work. Although this was our first flip and we made mistakes. We did things too cheap in a lot of ways and tried to just make it quick. And we’re still like annoyed at some of these things, like the flooring, because it wasn’t done well. So don’t just do things the cheapest.
[00:30:01.500]
but we have a lot of equity in that house.
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Yeah.
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Cause we’ve got it at a great price, but we would have let it go if we wouldn’t have gotten it for a good price. Um, you know that saying, I think they set it on fixer upper, find the best, the worst house in the best neighborhood kind of thing. That’s like, that can be a true statement. You want to find good locations because location, location, location. Um, but you want to find a house. That’s a great price.
[00:30:25.300]
Yeah, you do. And you know, a share of sale is definitely not for everybody. Okay. It’s definitely not, especially maybe if you’re a newbie and this is your first time, I probably wouldn’t do it. Um, because you never know. You might have something that could be, you might have a big plumbing issue. You got to cut the floor out. Like she said, HVAC, um, you could have stuff that’s and just kills your budget. And so what we like to do is make sure that there’s, we kind of say, okay, we can buy it for this. We think the remodel will be this.
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Then we think it will appraise for this and we’re making very educated. Yeah, this is all educated guesses Yes, it’s not we’re not just picking numbers out of the air But you’re not gonna be perfect either like I can’t be like, I know this is gonna appraise for 215 Yeah, that’s that is not the case, but I can be pretty confident in a range Yeah and so we buy him with cash fix him up with cash and you can do that too and then maybe you can either just leave it paid off or What we try to do is have have more than enough equity in the house that we can go to a bank and pull all of our Money back out and still have at least 20 % equity in the property.
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That’s called a cash out refi Yeah, and so
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and then you have all your money and you’ve got at least 20 % equity in the house. Somebody comes in, rents it, pays all the bills and you take your money, you can go on and do the next one.
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Move on to the next.
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And that’s kind of the move we’ve been doing. And then on certain properties, if you make a bunch, you can kind of go back and use some of that money and pay off another one or something like that. But you got to understand how that part works. We’re not talking about that today, but on the share of sales, that’s kind of our strategy.
[00:32:10.200]
Yeah, I mean, and this may sound like very overwhelming, too much work. And it is, you definitely don’t want to look at it as passive income, as we’ve talked about before. It’s anything but passive. For us, we like real estate, we understand real estate. Real estate doesn’t scare us. So it does have to be, you have to be a risk taker. You have to have some funds to put into it. You cannot go into these with zero dollars.
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Like the commercials try to tell you that’s just not true Yeah, and you just yeah you have to and you have to have a desire to do it that kind of a passion for it Yeah, you do and if you do it well, it can be very rewarding But if you do it wrong, it can it can hurt you.
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So it’s very Risky, but with risk comes reward if you do it, right?
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That’s right. We hope this was helpful We’ve done an episode on Airbnb’s so we thought this would be helpful to do an episode on sheriff sales because This is a good way to buy homes and remodel them if this is your forte.
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Yeah, so That’s pretty good.
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Hope this was helpful till next time