All Forum Posts by: Juan Gomez

Carol Donaldson unfortunately I can't help with your issue, however I do believe in the power of social media so I think you should publish the name of the company. I for sure will not work with them after your experience. I hope you can solve this soon. Happy new year.

Thank you very much @Josh Carr, I see that you are in the same line of business... May I ask you a couple questions:

1. In your opinion, which is the best state for a Tax Lien investor that is interested in receiving the properties that do not redeem?

2. Any watch outs when investing through a company like Tax Liens Buyers Club?

Merry Christmas,

Juan

@Marty N. I would check with a CPA your case because for a Company USGAAP would treat your ideas as prepayments and those can't be expensed until they are really due. Not sure if it would be treated differently for a person (cash vs accrual methods).

Happy holidays!!!

@Carolyn Morales I am no expert at all, in fact I have yet to invest in Tax Liens. I am interested in it because of the following apparent reasons:

1. High yield investment (fixed rate) if the lien is redeemed

2. Potential of receiving a property for a very low cost  if the lien is not redeemed (here is where it gets very tricky from what I have read)

I am in a learning process here.....

Hello @Wayne Brooks, thank you very much for your comment.

You bring an excellent point, which has made me doubt investing in Tax Liens in FL, unless it is seen just as an alternative to CDs, Stocks, etc. One advantage on buying from the secondary market is that you avoid the bidding process so you know what you will get (from a return perspective). However the promise of owning a property with a couple thousand dollars will never apply because you have to go through the auction.

Hi @David Bateman ...

Can you expand a little on your recommendation of being cautious in Miami? I am in the process of getting started and Miami-Dade is my initial target (I am not sure how efficient I would be if I expand my target to Broward).

Thank you very much Chris, indeed I did think their education resources were very good. I have yet to call them but I do want to learn and invest in Tax Liens, I will probably give them a call next week to get started.

I was under the impression that they would let you choose between their inventory. Was that not the case? Do they bundle a package ?

Sorry, the correct name is Tax Lien Buyers Club.

Hello BP!!!

Does anybody have experience being a member of Tax Lien Investment Club. I was quite quick to join them in a "free real estate investment seminar" from  Success Path, but after realizing that Succes Path is not what they promised, I started doubting Tax Lien Investment Club (after all they are working together).

In theory, they are a secondary market for tax liens that they purchase from large hedge funds. My worry now is that they would just sell the "trash".

Any experience with them?

Thanks a lot for everyone's help.

Juan

Hello everyone... 

I am interested in adding a water feature to a courtyard in a townhouse in the Miami area.

Does anyone have a supplier to recommend?

Thank you very much!!!

Regards,

Juan