Alabama Tax Sale Investors and Improvements - Protect Your Rights
Tuesday, November 21
If you make improvements to an Alabama tax sale property, there are strict rules you have to follow if someone wants to redeem. Failure to follow the rules exactly can result in the investor losing tens of thousands of dollars. The rules are VERY easy, if you know about them. Many investors do n...
Alabama Tax Auction Dates
Monday, November 20
Most counties in Alabama have their tax auctions at approximately the same time each year. Shelby, the wealthiest county, will always kick off the season with its auction in late March. Montgomery, location of the State capital, will always end the season in early June. A county that had its t...
Alabama Redemptions and Improvements
Saturday, April 01
I have a new free article on my website, with guidance for the Mandatory Binding Arbitration process to establish the value of post-sale improvements after an Alabama tax sale, sheriff's auction or foreclosure.
Seller Financing - Older Sellers
Monday, October 24
Often, acquiring real estate depends on overcoming the unvoiced objections of the sellers. In other words, you must read minds to figure out the problem, and then solve the problem. This article addresses one such situation.Many older sellers are unwilling to sell because they want to take advant...
Free Tax Deductions
Sunday, October 23
This seems too good to be true, but I haven't found any reason it will not work. I learned about this in a webinar.If your business operates under an LLC, then your LLC can rent your personal residence for meetings or planning retreats, and deduct the "cost" as a business expense. The cool thing...
Property Manager Accounting Cheat Sheet
Thursday, October 06
I created this for Alabama property managers, to comply with the rules of the Alabama Real Estate Commission. People in other states should check with their own laws for local requirements. I know that some states REQUIRE a separate escrow account for tenant checks. Alabama allows the rent escrow...