All Forum Posts by: Edward Ferrer

30+ Self Storage Unit. Excellent passive income investment opportunity! 

Location: 30 minute drive to extremely populated college town: (SUNY Oneonta & Harwick College). Storage facilities are in high demand. 

Income Generated: In this particular are units range is between 45-115/month. Condition: Cold Warehouse UnitSize: 150 × 30

Hi BP,

I need a little clarification on the redemption laws for NYS on Tax Sales? 

I also welcome any supporting website on this topic.  

Thank you. 

@Zachery Buffin, 

Can you recommend a title company that can run a title inquiry?  

Thanks again for the insight on state redemption laws. 

Cheers! 

Hi BP, 

Is it recommended to reach out to an attorney for tax sale purchases in order to properly secure asset?  

If so, What are the risk reductions for reaching out to an attorney? 

Experienced investors welcome. 

Thank you!

Hi BP, 

Need some advise on Tax Foreclosures/Sales? 

What's your top 3 educational resources on Tax Foreclosures/Sale?

Thank you!

@Zachery Buffin, thank you for advise!  

@Darren Kresge, Thank you for the auction info.  

@Zachery Buffin, 

Thank you for the insight!  This is very clear. 

Any suggestion how to access IRS Liens online/public record? 

Just out of curiosity, How is the 12% calculated on redeemed property?  Compounded? 

I like it when the sky is the limit! 

Cheers! 

@Darren Sager, 

Thank you for the advise.  I won several bids on NYSAuctions & all I have are title search for each property w/ www.ustitlerecords.com.   Back taxes are indicated.  Should I expect any other hidden liens not indicated in the title search? 

I have never visited the property.  I judged deal based primarily on Tax Assessed Value.  What do you think? 

Thanks.

Hi, 

I need some advice with my current tax foreclosed property.  

What would be the best exit strategy for my current deal.  Experienced investors welcome. 

 Thank you.