All Forum Posts by: Jimmy John

It was an abandoned house. I got it through quit claim deed and I just get it approved from county assessor, auditor, and recorder. It was an abandoned house that is why I got it so cheap, i am just wondering when is the time limit to pay them off, or is there a payment plan I can negotiate @Tim Herman @Bruce Woodruff

Good afternoon,

I purchased an abandoned house in Indiana from a private seller. It has $4k in back taxes owed. How can I negotiate these to get removed? Can I get them extended so it doesn’t get sold in a tax sale? What should I do? I would like to use the $5k I have saved up to renovate the house. Not have to pay the back taxes. 

Good morning,

I am looking for advice on how I can acquire roughly $30,000 in cash to use at an auction to purchase properties to flip. I was wondering if it were smart to buy a $30k truck and refinance it to get the cash. I am a reservist in the United States Marine Corps and do not have much saved (a few thousand saved up) and am looking to go to auction to purchase distressed properties to flip. Any advice on how I’m able to acquire such large cash amounts as a loan would be greatly appreciated thank you all.

Hello I am new to investing in real estate in Chicago land area and am interested in mostly Section 8 housing so I was wondering what is easier to fill up, 1 bedroom, 2 bedroom, or 3 bedroom. I am looking for more senior citizen section 8 and easier tenants but whatever’s easier to fill up fast would be best. Thanks!