All Forum Posts by: Enda Hoolmaa

I have registered with a few counties and am considdering flying to Texas to see the properties before bidding. Iv'e researched the tax arrers, google street view, zillo market price and other leans/exemptions on the properties already. I was wondering if there was a community doing this through bigger pockets or am I alone in the wild?

Nothing through BP that I have ever heard of. Many people on BP are doing it independently.

Absolutely drive by any property you are considering bidding on. Update your list right before and daily when doing your driving to minimize driving by properties that have recently redeemed.

Hi John,

I see you've been Tax lien investing fot a while now. Is there a living in it?

My wife was a manager at the hospital. I was an Electrical engineer.

We quit our jobs and have gone into early retirement from W-2 jobs due to the houses I have acquired cheaply for cash from tax sales. Most of these are now rental houses now.

So yes there is a living in it.

That's good to hear John. Do you buy deeds or liens or both? What states do you buy in and or what states would you recommend? I'm based in NYC.

Thanks in advance

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Quote from @John Underwood:

Quote from @Enda Hoolmaa:

Hi Hunter,

Nothing through BP that I have ever heard of. Many people on BP are doing it independently.

Absolutely drive by any property you are considering bidding on. Update your list right before and daily when doing your driving to minimize driving by properties that have recently redeemed.

Hi John,

I see you've been Tax lien investing fot a while now. Is there a living in it?

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Quote from @Ned Carey:

@Enda Hoolmaa actually ther are a lot of conversations here about both tax liens and tax deeds. Look for conversations by @Denise Evans @John Underwood among others. I write a lot about tax liens.

It is very imprtant to know the specific laws in the state you are buying. It is not always as simple as you buy the tax deed and you now own the house and can do anything you want with it.

Hi @Ned Carey

Yes, Im starting out and have consumed about as much free info as I can at this stage. Iv'e lined up a few properties so my next steps are to attend an auction online for the first one and see what's actually happening, how much the properties get bid up etc. Just wanted to see who else was out there!

2 Votes

Hi Hunter,

1 Vote

Hi Guys,

I'm looking at getting into Tax Deeds etc but I don't see anyone here talking about it a great length. Is anyone investing in those here?

Thanks,

Enda

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Hi Guys,

I'm buying a Multifamily in New Jersey and work full time in Manhattan. I'm looking to cost segregate and offset anything I can against my W2 taxes. Basically I'm looking for a competent CPA that will come up with a tax strategy for me.

Anyone interested?

Enda

1 Vote

New York City, New York

All Forum Posts by: Enda Hoolmaa

Enda Hoolmaa has started 2 posts and replied 6 times.

Post: Is anyone buying Tax liens/Tax Deeds here?

Post: Is anyone buying Tax liens/Tax Deeds here?

Post: Is anyone buying Tax liens/Tax Deeds here?

Post: Is anyone buying Tax liens/Tax Deeds here?

Post: Is anyone buying Tax liens/Tax Deeds here?

Post: Looking for a CPA for Cost Segregation and W2 offset