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Updated almost 5 years ago,

User Stats

15
Posts
1
Votes
Laura Tabarez
1
Votes |
15
Posts

Tax Lien Investment in Alabama

Laura Tabarez
Posted

Hello Community! 

I'm so excited for my initial post. I am finally ready to jump into real estate investing as I have been saving up for the last couple of years to do so. I am looking into getting started with tax lien certs to gain hands-on experience with the business, and with lower risks. I have made a connection with another investor who is offering to sell some tax liens over to me. I am familiar with the auction process, but not with whole selling tax liens. Can anyone help me with how I can make a better-educated decision about this? What questions should I be asking? He is also a contractor who says we need minimal (2.5K) repairs to make them "livable" - that term scares me. Anything would help! Thank you in advance for this AMAZING community. 

Here is an idea of the offers I currently have. 

3 properties for a bundle price of 12K

1. Tax Deed
2/1 1008 sq ft
750/Rent estimator - Comps average 60K

2. Tax Certificate: 2019
3/1 1069sq ft
650/rent estimator - Comps average 60K

3. Tax Certificate: 2018
3/1 912sq ft
650/Rent estimator - Comps average 50K

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