Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Kiet N.

Kiet N. has started 11 posts and replied 89 times.

Will the same rules applied regarding long vs short terms ? 

Thank you in advance for your inputs !!!

@Mark Nolan

This is how i did before I learned about SM:

* Background:  applicant to submit BG which can be obtained from local / county police station.

* Credit: meet applicant in a public place with free wifi - tenant then pull the free credit report from the government official  anualcreditreport*com.  i would not accept a print out CR. 

I am not a lawyer nor knowing MA laws. However, the third party - mysmartmove - charges the screening fee, and the landlord does not taking any money. Is this still a violation ? 

Mysmartmove has both options: landlord pays or applicant pays !

Post: How do you sell your tax deed properties?

Kiet N.Posted
  • Atlanta, GA
  • Posts 91
  • Votes 67

@Anastasia Jordan

How do you advertise these sales ?

Post: How do you sell your tax deed properties?

Kiet N.Posted
  • Atlanta, GA
  • Posts 91
  • Votes 67

@Garrett Pohl 

Per GA O.C.A *48-4-48(2015) 

However, I also have heard that title companies are simply refusing to work with this law. So we are back to square one. 

"Owner finance" is an option. Just wonder what would happen when the buyers seeking title insurance for themselves.

Taking this to another level, when the buyer becomes the seller (in future) - what would happen to the NEW buyer ? Will the tax-deed seller has any liability ?  

In my market, concrete saw is available in tools rentals of big box stores.  Cutting concrete is not expensive but very messy - especially indoor. Dry cut creates A LOT of dust. Wet cut makes running mud. 

Any handyman with a concrete saw and a good chisel drill (to break apart the concete) should be able to tackle this job in 2 hrs. 

The expensive part of the job is to replace the finish floor. 

Post: How do you sell your tax deed properties?

Kiet N.Posted
  • Atlanta, GA
  • Posts 91
  • Votes 67

Laws for Tax Deed/Lien Sale are state specifics, and there are a lot more info needed for your answers. 

Base on your profile location, I assume you brought the deeds in GA. Since the state is "hybrid" deed state which has one year redemption period. After the wait is over, a foreclosure of redemption rights or "barment" (another 45-60 days) - is needed to take possession of the property. However, the title is "cloud" - unlikely to get title insurance- ,hence "quiet the title", or "title service" is used to perfect it.

Where in the process you want to sell will dictate what needs to be done.    

Post: Purchasing Right of Redemption

Kiet N.Posted
  • Atlanta, GA
  • Posts 91
  • Votes 67

@Bruce Lynn

very interesting idea,  please share information if you have any !

Post: Sandblaster Atlanta, Georgia

Kiet N.Posted
  • Atlanta, GA
  • Posts 91
  • Votes 67

@Adam Abdel-Hafez

If the pressure watch does not cut, how about grinding ? 

Sandblasting in open air is very dusty - The neighbors would hate you very much... !!!!