All Forum Posts by: Jean Norton

This is the wave of this next year and beyond. Just like Tucker Merrihew said - the A+ neighborhoods to feed the pent up demand. It's been happening in California and everyone I've spoken to have enjoyed bigger profits.

Hi Karen,

I'm a real estate investor/rehabber. I hold field trips throughout the country on how investors can make better profits by "rehabbing remotely". After this change in the market, I'm seeing people making significantly higher profits by building new homes on in-fill lots. This is really the best way to make money in these hyper areas such as Southern California, Northern California, Austin, TX and even more areas. Every city right now has their pockets where new construction is bringing much higher profits.

I'm using Austin as an example but this strategy works throughout the country right now, but will continue in a longer term in other areas too.

That's right, our own loving, supportive, and expertly positioned Bryan Hancock will be at the "Making Dollars From Dirt" event in Austin June 20-21. If you're ready to make step up your investing to the big leagues, this is a CAN'T MISS event.

Get to Austin any way you can and learn how people like Bryan have developed their well-oiled new construction machine and learn some of the secrets of those actually doing it. This new construction play is HOT nationwide for at least 12 months, more like 5 years in the Austin, California and other hyper-markets.

Last minute special available now - http://jeannorton.com/austin

Each state is different. I know in Florida the tax liens expire after 7 years.

Chicago buy and hold investors - don't miss out on this perfect section total rehab http://www.postlets.com/repb/8801061

Popular Chatham area - 3 br 1.5 bath.

I have a property totally rehabbed and ready at 8830 S. Michigan, 60619. Total gut rehab, everything new - 3 br 1 and 1/2 bath. Perfect for rental.

I enjoyed Kiyosaki's "The Real Book of Real Estate". It has several examples of paths to take with your career.

Yes, there are many that resell the liens on the open market. There is a nominal transfer fee to change the name on the lien.

If you bought a lien, then I'd say just wait for it to be redeemed. Rarely does one end up with the property from owning the certificate.

Florida laws allow owners 2 years to pay their back taxes. Once they are behind that long, you can go to the county and apply for a tax deed. You will have to purchase all other outstanding certificates. The county will schedule the property for a tax deed auction. If no bidders, then you have the option of buying any recent tax obligations and the property is turned over to you. If there are bidders, then you are the first to be paid, with interest.

Hi Paul - I've participated in the Florida Lien auctions and yes, many redeem quickly. Remember that some actually never get sold and you can find those as "county held certificates". You can then go directly to the county and purchase those liens.

If you have some cash reserves, a hard money scenario is perfect. You may have to wait 6 months to refinance.