Anyone here get into buying properties via tax liens?

like
Posting as :
works at
You are currently posting as works at

Not in my area. Takes a decade. Be sure to review your states rules. Also think through how opportunistic you want to be and if that aligns with your character or what you want your character to be

like

I have clients who have created significant wealth for themselves buying tax lien properties… but personally, I wouldn’t do it… I own a few properties in NJ and TX… but they were properties that I lived in and know the market… buying just to buy isn’t my game…

Tax deed sales are a better route. Liens take longer to mature and with the deed you wipe out any mortgage. Rules for deed sales and redemption periods vary wildly by state. There is some good information on YT about it.

Related Posts

like

What is the salary range at Oracle for product manager II level Oracle India Oracle

like

Tata Consultancy Is there any chances of joining getting delayed in TCS for experienced candidates? Has anyone experienced such situations?Tata Consultancy

Does anyone have a job application tracking software they love? I’m mainly looking for something that allows customizable application forms that allow me to ask questions outside the normal and something that I can automate rejection letters and keep a database of applicants.

like

Which consulting firm values TS/SCI FS the most? Getting the feeling that Deloitte doesn’t

like

Hi All , I have an offer from CTS BANGALORE . Office location not mentioned in offer letter. Any idea what will be the exact work location in bangalore . Tech : SAP MM. HR WHO HIRED ME IS FROM PUNE HE IS NOT SURE ABOUT BANGALORE LOCATIONS

like

So are we getting that Google sheet or...?

like

Have you ever completely walked away from an offer without countering because it was too low?

like

What would be the monthly takeaway if my package is 6.9Lpa band 7? Thank you

I am a newly graduated fresher mechanical engineer working in an electro mechanical company at Dubai, My current salary is 2500 AED, I would like to know about your comments and suggestions regarding my career which could help me through my future ventures.

like

What types of work accommodations can help people with ADHD? I am starting to believe 35+ of having not managed my ADHD has really negatively impacted me in career growth etc. I'm realizing a lot of things about myself are because of the ADHD. I want better for myself and family but 1. I don't enjoy the same things forever 2. Imposter syndrome and RSD make me believe it's acceptable to start over in new places at low salaries. 3. Typical college won't work for me. 4. I also can't relocate.

like

Looking for 2 to 8 YOE for lateral hire in Technology consulting roles. Folks with red hat, open shift, RPA, BPM, Salesforce CRM, big data & Analytics experience and certification, DM me for referrals.

like

Hi fishes,

A quick suggestion...the trend earlier was
yoe x 2= good deal
Yoe x 2.5=great deal
Yoex3= amazing deal
Tier 2engg grad
Non mba
Consulting
Is this the same now?

like

I've written nearly all my friends' Tinder bios. And they're actually getting more matches. Definitely gonna put that shit in my book.

like

“have fun with this brief” they say before telling you the client is pretty conservative and needs to have safer options.

i know we don’t always work on stuff we’re thrilled about but i’ve never dreaded reviews for a client before until now

like

Anyone going to the singles event this weekend in Gold Coast?

like

Hi 
Can anyone refer me for a data science analyst role in Amex

Thanks .

EY India is hiring Scrum masters with following criteria points. If anyone is interested, pls DM. Will refer. Thanks

Post Photo
like

When are promotions due in ACs

like

Additional Posts in The Real Estate Bowl

Looking to buy a studio in NYC (~600k). How low should I go below asking price when making an offer (especially given that the price went down 5% two months ago)? I’m thinking 15% below asking. Location is okay, no view, and a month to month renter in place. Thoughts?

like

At what income level should one be comfortable to spend 2400/mo on rent in HCOL? Assuming single, no kids, no debt or major expenses.

like

For people who recently refinanced, bought or is in the process of buying a new home, what APR did you get?

like

Looking to buy in the DMV suburbs (northern VA). Is this the wrong time for such a move? Beyond down payment, got about 6mo emergency fund and must tap into it for moving&house expenses like furniture

like

Hi - any good books recommendations for getting started on real estate investing?

like

Hi guys! Looking to learn about real estate investing! I am a senior in college graduating with a degree in finance so I understand certain aspects, but am looking to learn more on my own about real estate specifically!

What books would you recommend I read?

like

What's the best city in UK to buy a buy to let property, with best returns?

like

If I'm adding multiple people to purchase a property but not on the mortgage, when do they get added - do they need to already be on the purchase agreement? I heard it's easier to do upfront vs. adding them later. I've asked this question in a thread but didn't get a clear response. If someone could please help clarify - how do I add other people on the onset on buying a property? This is a new build, buying directly from the builder.

like

Due to a family situation we are looking to move to a different state. Normally we would sell our current home and buy a new home in our new location. However, with todays prices and interest, will it make more sense to rent out our current home and rent a home ourselves vs. selling and buying immediately when we move? We are moving from Vegas to Sacramento and we are not sure how long we would stay in the new area. Thoughts?

Recently closed on a purchase between a land owner group and a NY based builder for 500 lots of of Florida.

We have similar buyers lined and looking for land owners leads.

Any real estate agent/attorneys with leads for land owners and/or builders please feel free to DM.

like

Anyone want to aspire and get their real estate licenses together for a side hustle?

like

Anyone here used Mynd or Ziprent property (or similar )property management companies? What has your experience been like? Would you recommend?

like

Any good HELOC recommendations?

Ideally 90% LTV, minimal closing costs, desktop appraisal.

like

I’m planning on getting my real estate license this spring! My biggest hesitation is that I currently live downtown Chicago and do not own a car. I really do not want to buy or lease a car as the area I live in requires a garage spot to park. Is it realistic to believe that I can be a real estate agent in Chicago if I rely on Uber/CTA?!

like

Where are you buying your kitchen cabinets? Used Ikea in the past but that's clear not going to work right now.

like

Better mortgage vs. Rocket mortgage - anyone shopped with both and what swing your decision?

like

New strat folks.
1. Buy a condo complex.
2. Put the land under said condos into a land conservatorship (for taxes)
3. Rent condos at discounted rates (for taxes)
4. A small fee of the rent goes to a trust as a land conservation fee in perpetuity (for tax reasons)
5. Have another business generating revenue to offset this.

like

Who has done FSBO? Thinking of doing it for 2 of my houses that I’m selling in the spring time.

like

Tomorrow is a big day for me!
Made a written offer on an apartment on Sunday. Owner‘s starting price was 500k. My offer is 450k. He thanked me and we are meeting this weekend to „negotiate“. Tips?

I recently bought my 1st home in TX. I want to get into real estate and eventually own/rent out multiple homes. Are there any good recommendations/tips on books/articles/websites that others have used to get started?

I've read about HELOC and cash out refinance to get a 2nd home but articles are so scattered that it gets confusing which is better in terms of tax benefits and immediate costs, etc. Anything others have found helpful that summarized how to get started would be great!

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal