All Forum Posts by: Laura Tabarez

@Denise EvansThank you so much! I will create that sheet. I appreciate all of your help! I am purchasing a tax lien from an LLC who originally acquired the tax lien. What I am hearing you say is that I need to find out how much that LLC originally paid for it as I will NOT get back what I paid +12% in AL, correct?

@Denise Evans how would we check what redemption rights the original owner had and the value? 

Wow! Thank you, everyone, for the quick response. These are great tips, and I appreciate them! 

@Denise Evans, I will make sure to check out your posts. I have already started following you as well for future courses. I appreciate all of your help in advance. 

@Adam Hobson where would be a good start to finding someone who can provide second opinions? 

@Tai Bhattad, I did get some videos of the properties as I currently live out of state. 

Hello Community! 

I'm so excited for my initial post. I am finally ready to jump into real estate investing as I have been saving up for the last couple of years to do so. I am looking into getting started with tax lien certs to gain hands-on experience with the business, and with lower risks. I have made a connection with another investor who is offering to sell some tax liens over to me. I am familiar with the auction process, but not with whole selling tax liens. Can anyone help me with how I can make a better-educated decision about this? What questions should I be asking? He is also a contractor who says we need minimal (2.5K) repairs to make them "livable" - that term scares me. Anything would help! Thank you in advance for this AMAZING community. 

Here is an idea of the offers I currently have. 

3 properties for a bundle price of 12K

1. Tax Deed
2/1 1008 sq ft
750/Rent estimator - Comps average 60K

2. Tax Certificate: 2019
3/1 1069sq ft
650/rent estimator - Comps average 60K

3. Tax Certificate: 2018
3/1 912sq ft
650/Rent estimator - Comps average 50K