All Forum Posts by: Alex H.

I personally haven't run into any fees or applications, or inspections except from county or federal funding agencies with vouchered tenants...but I have had a "registration" required in Dayton, OH. I'm glad you brought this to our attention...we will need to account for those costs if we run into these on our future investments. Thanks for the info. 

Whitney Moore about my team members...I have an attorney in each county I've invested in that is familiar with real estate law (to help with foreclosures, etc...or to just answer my abundant questions) and I've buddied up with the county agency offering the liens. Those employees are usually very helpful if you catch them at the right time of the year, between sales. If I'm in town, I like to go to the office and talk to them in person. I've been buying liens online for counties that I am familiar with or that I can travel to when I'm out checking on my other investments... I live in northern CA and have been investing in the mid-west. Of course, the local title company is great to have answer questions. If I can't be somewhere in person to physically drive by potential investments as part of my due diligence, I hire a temporary assistant to help out. So far, I've had fairly good luck. But, I'll admit I've also purchased a couple duds, too. But that's how I learned a few things too. ????

@Ryan Byrne, I'm sure it was dumb luck...currently my liens are in AZ and IN.  The remaining initial liens redeemed and I still have some out there waiting to be redeemed...will be shopping again soon. :)

Hi Whitney. I'm new to tax lien investing too, but haven't seriously looked in your area just yet. I like doing the due diligence that is required with tax liens, and putting some of my investment $ into shorter term liens.  However, the first two liens I bought didn't redeem, so we are getting ready to move to the foreclosure process with an attorney as per that particular county's specifications. It's been a huge learning process, and I've quickly learned that having knowledgeable team members is crucial even in this type of investing. But, I do enjoy it. I've seen some of the lists in your area, and they are huge, so I'm sure you'll find some investments to meet your criteria. Good luck and update us on your progress. :)

We recently acquired a property in California via tax deed sale. The property was left abandoned with a vehicle and some other belongings. Has anyone dealt with this in CA? Also, not an issue with this property, but just as thought, what have you done with owners still in a house after purchasing the tax deed? Have you evicted just as you would a tenant?

Thanks, David, for the quick reply. I will make contact with First Place Bank first thing Tuesday morning. :). HAPPY FRIDAY.

Does anyone have a lender they are willing to refer me to...looking for a lender for a property in Dayton (currently an owner finance - ready to refinance conventionally or privately). I run into road blocks regularly with me living in CA and attempting to finance in Ohio. If you've used a lender that is investor friendly, let me know.

Thanks.

We are also interested. We will monitor this thread and hope to see you all there.

Welcome, Matthew. We are here in Sacramento/San Joaquin areas. We are multiple-family fans here too.

Absolutely agree that spending some time out in the area you're investing in, even if out of state, is crucial. We try to make it to Ohio every quarter, but at least every 6 months if we are really busy. Areas change from time to time, as well, and we can't really keep our fingers on the pulse unless we are interacting in person. At least that's our experience with our Ohio investments.