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Updated over 7 years ago on . Most recent reply

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Valerie Hazel Maddox
  • Arab, AL
2
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4
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New from North Alabama

Valerie Hazel Maddox
  • Arab, AL
Posted

Hi, 

I'm just joining from North Alabama - Marshall county, just south of Huntsville (I live in Arab). I'm new to real estate investing, so I've got a lot to learn. I went to a seminar earlier this week with NextPhase Real Estate with Cousins (from HGTV). I bought the 3 day training in Birmingham on Sept 1-3. I looked this place up before going and saw no reviews, either positive or negative - does anyone have any experience with them? I'd been to the Than Merrill thing a couple of years ago, and laughed my way out the door when they quoted the price. This one was much cheaper, and offers a money back guarantee in writing. Of course, I have the state mandated 3 day period to back out as well, but that expires tomorrow, so if anyone has any thoughts on that, please let me know. 

I also bought into the Tax Lien Buyers Club at that seminar, but when I got home and looked at the sight (riddled with typing errors) and the negative RipOff reports, I called and canceled. NextPhase handled the refund for me, as they guaranteed the Tax Lien Buyers Club as a partner in their seminar. They refunded no problem, and they admitted that the tax lien folks were the same as Tax Lien Vault, which had even more ripoff reports. So, at least they were being honest about it instead of trying to convince me that it was something it isn't. Anyway, I'm guessing that NextPhase is just too new to have many reviews, so I'm hoping someone here has some experience with them. 

Back to me...I was laid off earlier this year, and I have an adult son with high functioning autism. He's had a very difficult time holding a regular job, so I'm hoping we can learn this together and build something that he can continue after I retire or when I'm gone. My husband and I currently own 2 houses in Arab, and we're about to buy my mother's house at a steep discount (we're just paying off her mortgage, because she can't afford it since my dad died and she retired). It's a huge house with 10 acres that needs a lot of work, so I'm hoping to flip it after living there and making improvements over a period of about 5 years. The two houses we have in Arab I'm hoping to update and turn into rentals or sell. My preference would be rentals, but I'm thinking the houses and properties are too large to get the kind of $$ in rent that they should get in this market area, and we might be better off selling and buying smaller houses on tiny lots or in a different market area. I've also thought of building small rental houses on the extra lots that come with these properties. I'm not sure which way to go yet - we'll see, I guess. 

Sorry about the length, but that's all about me and my current real estate investing situation. Thanks for any feedback you might have. I look forward to meeting some of you and learning from you. 

Valerie

Most Popular Reply

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Denise Evans#1 Tax Liens & Mortgage Notes Contributor
  • JD, CCIM , Real Estate Broker
  • Tuscaloosa, AL
1,484
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1,566
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Denise Evans#1 Tax Liens & Mortgage Notes Contributor
  • JD, CCIM , Real Estate Broker
  • Tuscaloosa, AL
Replied

@Valerie Hazel Maddox, national "canned" programs about tax sale investing do not work in Alabama. Our laws are DRAMATICALLY different than anyone else's.  I have products that are much cheaper, if you want to check out my website and my many reviews.

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