All Forum Posts by: Kevin Hurney

I've come across a strategy where you obtain the list of properties that are going to be sold that month. Then you track down the owner and offer to pay the taxes and and an extra couple thousands dollars. The owner would then pay the back taxes and then sign the house to you using a "quick claim deed"? Anybody doing this strategy?

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Awesome no excuses now sending out 300 letters tomorrow

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Not sure if this is even the correct place to post this.

I was wondering if there is a way to take certain info from my mailing list (spreadsheet) to generate letters

For example

Dear (first name),

My name is Kevin and I want to buy your house at:

(property address)

I think it can be done for emails but I can't even figure that out, any help would be great!

Thanks

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Originally posted by @Wayne Brooks:

Free of private liens, but not govt liens or HOA debts, assuming all lien holders received proper notice. You have to do a quiet title process, 4-6 months, $1500-2000. If a mortgage/lien holder was not properly notified, they can redeem the sale, pay you your purchase price and recind the sale.

So if that did happen I would get my money back and not left out to dry?

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If I were to purchase a property through a tax deed auction would it be free and clear at the time of the auction?

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What happens when the tax deed doesn't sell at the auction? Is it then sold over the counter or does it depend on the county/state?

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Trying to find out what happens after you buy a tax deed from the county. What are the advantages of this strategy? How long would it take to realize a profit? If the original owner wants to buy it back how much interest do they have to pay? Any feedback would be great, thanks!

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Originally posted by Sharon Tzib:

"Am I crazy for considering this strategy to find my first deal?"

No, at not all. Many people use yellow letter and post card campaigns to find motivated sellers. Usually the type of seller you are targeting can somewhat dictate what kind of deal you're going to get, so that you can be better prepared.

For instance, if you mail to out of state owners, you may find sellers whose homes are in a state of disrepair and lend themselves to either wholesaling and/or flipping. On the other hand, if you target landlords, you may find properties who lend themselves to wholesaling and/or buy and hold investments.

Whatever you decide to do, your ability to purchase, whether through cash, financing, etc., is going to also dictate the kinds of deals you can do. You might want to take some time to scour this site, and especially the podcasts, to see how others are doing this before you spend money sending out letters.

I'd recommend you have a full business plan written out - Sam Craven's recent podcast may be a great place to start. Good luck!

Sharon I am just starting out as well I will definitely look into that podcast thank you

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Anyone doing any investing in the Pasco/Hernando County area?

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Have you done any wholesale deals yet?

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All Forum Posts by: Kevin Hurney

Kevin Hurney has started 22 posts and replied 65 times.

Post: Tax Auction Strategy

Post: Printing Letters Help

Post: Printing Letters Help

Post: Tax Deed Auction

Post: Tax Deed Auction

Post: After you buy a tax lien?

Post: After you buy a tax lien?

Post: Where to start

Post: Pasco/Hernando County FL area

Post: Tampa Investor