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Updated almost 6 years ago on . Most recent reply

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21
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1
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Patty Gonzalez
1
Votes |
21
Posts

out of state investing-how do I get someone to check it out?

Patty Gonzalez
Posted

Hi Bigger Pockets Community!  I purchased a tax lien on a property around May of last year and tried to foreclose to collect but the owner filed bankruptcy.  The bankruptcy protection has ended and now I have to pay the additional taxes that have accumulated totaling about $11K and file the foreclosure to collect.  This means I will either end up with the property if it does not sell at the sheriff's sale or I'll get my money back + the guaranteed 18% interest. My question is, how do I go about getting someone to go check out the property to see if the property is actually still standing.  Should I ask a realtor to drive by?  or a potential property manager to go look at it? I'm unsure what I will do with it if I acquire it (I may fix and rent and refinance or I may wholesale it). I'm in California and the property is in Maple Heights, OH (a suburb of Cleveland).  I welcome any advice. Thank you all!!!!

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Account Closed
  • Specialist
  • Paradise Valley, AZ
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Account Closed
  • Specialist
  • Paradise Valley, AZ
Replied
Originally posted by @Patty Gonzalez:

Hi Bigger Pockets Community!  I purchased a tax lien on a property around May of last year and tried to foreclose to collect but the owner filed bankruptcy.  The bankruptcy protection has ended and now I have to pay the additional taxes that have accumulated totaling about $11K and file the foreclosure to collect.  This means I will either end up with the property if it does not sell at the sheriff's sale or I'll get my money back + the guaranteed 18% interest. My question is, how do I go about getting someone to go check out the property to see if the property is actually still standing.  Should I ask a realtor to drive by?  or a potential property manager to go look at it? I'm unsure what I will do with it if I acquire it (I may fix and rent and refinance or I may wholesale it). I'm in California and the property is in Maple Heights, OH (a suburb of Cleveland).  I welcome any advice. Thank you all!!!!

 Have an Uber driver drive by and take a couple of pictures for you.

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