All Forum Posts by: Jermaine Chad Ingram

I’m just wondering if there are any reliable places to get house plans online, that take into consideration the Florida building code. I’m looking to get house plans, of different designs, that I can then take to my architect and ask them to “edit” and stamp them.

I’m hoping that this would save me a little bit of money and also a lot of back-and-forth with the architect over the design.

@Bruce Park what’s the standard for the neighborhood? I’d adhere to the local norm.

Out of the 100 tax liens I’ve invested in 47 have been redeemed for the 18% over 2 years  and I have filed TDAs for 5 lots total. 

 If you’d like to know the criteria by which I choose the liens I buy, just ask. 

 I do get your point, but I must say that this trade was/is  successful as I have a signed contract right now to sell the place for $9000 which does give me a nice little profit for 18 months work. and since I have 57 other liens in the area going through this process I should be able to acquire several multi unit lots as well as capital to help cushion future projects. I know that it will take time but in Florida we have a ton of areas that have been devastated by storms.  no one is paying property taxes and the entire community  is starting to become more and more resource deprived. since it’s an area that I want to retire to I feel it is my duty to help try to revive the area and the only way the area is going to be revived is if someone pushes these lots onto the market.  On the open market the lots are selling for twice (knock on wood) what I get them for if I’m lucky enough to have no one else bid against me

I don’t like the stress of auctions so I could hardly participate in one of them and hope to get a lot at a reasonable price. Know they self 

More on the $9000 contract soon @waynebrooks has a point. 

MileIQ!!

Holding cost for vacant lots are generally low. The lawn on this particular lots was No cost to maintain and the taxes are as follows: 

$196.64 for 2018

then you get the document of your year long process. You’ve won! 

after winning the auction, in order to issue the tax deed there are more recording fees and a surprise “Omitted Years Taxes” WTF! Just roll with it and make sure you have reserves. FYI,  I had never expected these added fees. I initially thought I’d be all in at the TDA cost. 

those of you using TDAs to acquire property should expect to be hit with administrative fees of all sorts. These fees had to be paid before the auction could be held. The amount paid here is added to the total opening bid. 

@Wayne Brooks is there a local lawyer you’d recommend for quite title actions?