All Forum Posts by: Joshua Morrill

@Giovanni Gravesande Welcome to BP!

I have only been on here a very short time. I am new to investing in RE but I can say that this sight has had more knowledge than any other waste of money seminar I had attended previously hands down.  The best part is I haven't been tempted by one "shiny object" or magical formula that includes dumping my wallet out on a counter.

Happy Investing!

@Qulia Brunson 

I am new to this REI world and L/O is what I want to focus on. I will be keeping track of this thread to see what you settled on.

@Don Harris 

Thanks, I will check the site out as soon as my "time for money" day is over

@Mark Gruetzmacher 

This is only information I have found myself doing research. I started out doing a ton of research on Tax liens. The one constant I have found is that none of the county workers want to deal with you unless you know all the right questions.

Not all states are lien states, some are deed states and a few are hybrid states.

Also every county varies. The tax lien sales are very different from county to county.

So the county you researched may only have their properties listed by parcel ID and the next county over may have a sale the same month and theirs is a complete description.

In North Carolina it is only a deed state. But South Carolina Is a Lien state and offers 12% return with a 2 year redemption period.  You are not obligated to purchase the lien for all 3 years on that case, you can purchase only one year and whoever buys the consecutive years will have to buy your lien out before they can exercise their right to foreclose assuming the lien is never payed by the owner.  So in that sense you are guaranteed your money. Also if the list only has the parcel ID call the assessors office and ask them for a key code to decipher the parcel ID. Most of the time they have it handy and are willing to give it to you. This will help you decipher single family from commercial and vacant vs. improved. It will also give you location so you can weed out the bad areas and ensure a good return. Again this is just the information I have found but I did about 45 hours of research trying to figure out what field of investing I wanted to get into.

@Don Harris 

Thank you! Could you point me in the right direction oh who to contact to join.

I am still very new to this but learning a ton everyday!

@Anthony Fleming 

@Dmitriy Fomichenko 

Thank you!

I appreciate all the responses

@Chris T. 

 Thank you! This is a new avenue in life for me, but I know it will be very prosperous.

@Ricardo S. 

Thanks! 

Thank you all for the warm welcome! 

@Arlan Potter 

The Intimidators stadium is practically in my backyard. I love going to the games, I always enjoyed Minor league, so much fun! 

@Chris Purvis 

Thank you! It is always good to see and hear from other new "players" I look forward to the road ahead.

@Brandon Turner 

I started reading the beginners guide last night at .... "work" for some strange reason I am beginning to despise that word haha. Thank you for the support!

@Paul Timmins  

I will absolutely check out those reads. I am starting my book collection currently and I am always looking for good titles. If there are any other recommendations please let me know!

Thank you all very much for the warm welcome! 

@Brett Synicky

Thank you!

I look forward to learning as much as I can!