Tax Lien Investors in Georgia

[Sundiata Jackson]

Hey everyone, 

I am looking at getting into REI and figured I would start with investing in Tax Liens. I was hoping to get in touch with people are are located or have invested in Tax Liens in Georgia. As this is my very first REI I am trying to get as much solid information before investing. Any information or tips would be helpful.

Thanks in advance 

Sundiata Jackson

[Sam Bagwell]

I play multiple sides of the coin on Tax Liens in GA.  I am an investor who purchases the liens.  I have had some redeemed, and had to do the foreclosure of right to redeem, and the quiet title action on others.  I am also a real estate attorney who does the foreclosures and quiet title actions for my clients.  If anyone has questions, but would rather do a little reading before asking, I have tried to break down the basics at

http://kimandbagwell.com/pitfalls-for-the-inexperi...

I only recently got started here at bigger pockets, so the best way to reach me is at my work email, which you can find on the website i just linked to.

Here lately, there are a lot of investors bidding way too high (presumably with other people's money).  I see no way some of these bidders have any sort of exit strategy on some of the properties they're bidding on. 

Final word of warning; Fulton County (where Atlanta is, mostly), is a bit of an anomaly in that the tax commissioner has transferred their tax liens on most properties to various sub-entities of Vesta holdings, Investa Holdings, investa services, etc... , and then the Sheriff's office is auctioning those liens off, rather than directly from the Tax office.  While there is case law out there to question the validity of these transfers, the County still operates in this way, and it can complicate the foreclosure of right to redeem as well as the subsequent quiet title action.