Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Alfred Castillo

Alfred Castillo has started 4 posts and replied 49 times.

Post: 4-Plex in High Bridge South Bronx

Alfred CastilloPosted
  • Residential Real Estate Broker
  • Bronx, NY
  • Posts 86
  • Votes 5

Where in the south bronx? I know the south bronx very well.

Post: Who can purchase tax liens in New York City

Alfred CastilloPosted
  • Residential Real Estate Broker
  • Bronx, NY
  • Posts 86
  • Votes 5
Originally posted by Dennis Xenos:
no you can not buy tax liens from NYC

The city will take the property first if there is a default on taxes and sell it at auction

But Neighboring Westchester County Does sell tax liens, considering the Municipality. I have done it for over 5 years now.

If you're interested, let me know.

NY tax lien rate is 12% bi-annually

How do I find the auctions dates for the tax liens?

Post: Gary Keller: Millionaire Real Estate Investor

Alfred CastilloPosted
  • Residential Real Estate Broker
  • Bronx, NY
  • Posts 86
  • Votes 5
Originally posted by Mike Tooley:
It's actually called SHIFT. Just came out a couple of months ago. Haven't read it though.

I did just buy The Millionaire REI! So far it seems like an excellent book!


I have been slacking to read that book. I couple within the week it came out, but I haven't gotten a chance to read it.

Post: Who can purchase tax liens in New York City

Alfred CastilloPosted
  • Residential Real Estate Broker
  • Bronx, NY
  • Posts 86
  • Votes 5
Originally posted by Dennis Xenos:
no you can not buy tax liens from NYC

The city will take the property first if there is a default on taxes and sell it at auction

But Neighboring Westchester County Does sell tax liens, considering the Municipality. I have done it for over 5 years now.

If you're interested, let me know.

NY tax lien rate is 12% bi-annually


Where do you go to get more information on the Tax Liens in Westchester County?
Originally posted by jawsette:
Originally posted by Dennis Xenos:
12% is the max you can get. Do your reasearch. VERY VERY IMPORTANT



Not sure where you get that from. Depending upon the state the interest alone can get as high as 25% and it is written into the state laws. If you actually get the property then you could get over 1000% return. I bought one for 1376.00 and am in the process of selling same for 125K wich is well over that 1000%.


What are the process once you have the lien and the property owner has not pay you?
Originally posted by jawsette:
Originally posted by Dennis Xenos:
12% is the max you can get. Do your reasearch. VERY VERY IMPORTANT



Not sure where you get that from. Depending upon the state the interest alone can get as high as 25% and it is written into the state laws. If you actually get the property then you could get over 1000% return. I bought one for 1376.00 and am in the process of selling same for 125K wich is well over that 1000%.


What are the process once you have the lien and the property owner has not pay you?

Post: Who can purchase tax liens in New York City

Alfred CastilloPosted
  • Residential Real Estate Broker
  • Bronx, NY
  • Posts 86
  • Votes 5

I am interesting on tax liens in New York! I read couple of books on tax liens and got couple of advice from my friend and told me not to mess with them. The 12 percent a year is not a bad deal.

Post: I need a Wholesaler for New York City

Alfred CastilloPosted
  • Residential Real Estate Broker
  • Bronx, NY
  • Posts 86
  • Votes 5

Never mind he found what he was looking for already! Thanks for the help anyway.

Post: I need a Wholesaler for New York City

Alfred CastilloPosted
  • Residential Real Estate Broker
  • Bronx, NY
  • Posts 86
  • Votes 5

My partner is trying to get some brownstones in the Upper Harlem area.

Post: Buyer in AZ-REO-Tape-Properties

Alfred CastilloPosted
  • Residential Real Estate Broker
  • Bronx, NY
  • Posts 86
  • Votes 5

I sent you a email!