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: P.J. Reilly

P.J. Reilly has started 4 posts and replied 30 times.

Post: Northwest Arkansas Investing

P.J. ReillyPosted
  • Investor
  • Denver, CO
  • Posts 30
  • Votes 17

NW Arkansas is one of the areas that I've been looking into to begin multifamily investing.  Let's connect!

Post: North Denver Metro Area Meetup Groups

P.J. ReillyPosted
  • Investor
  • Denver, CO
  • Posts 30
  • Votes 17

Any good meetup groups in the North Denver Metro area?  The "BadAss" Group in Erie is great but I'd like to find at least one other group to hit regularly.  Thanks!

Post: Denver meet up for long distance real estate investing

P.J. ReillyPosted
  • Investor
  • Denver, CO
  • Posts 30
  • Votes 17

Any chance there will be another out of state investing meetup soon?

Post: Tax Deed Sale in Alabama

P.J. ReillyPosted
  • Investor
  • Denver, CO
  • Posts 30
  • Votes 17
Originally posted by @Denise Evans:

@P.J. Reilly, Yes, getting a quitclaim clears out the redemption rights and lets you quiet title more quickly. Often, a title insurance company will not even require a quiet title lawsuit if you have a quitclaim.

 Just purchased your, "Possession, Ejectment, and Quieting Title Video."  Great content!

Post: Tax Deed Sale in Alabama

P.J. ReillyPosted
  • Investor
  • Denver, CO
  • Posts 30
  • Votes 17
Originally posted by @Denise Evans:

@P.J. Reilly, Yes, getting a quitclaim clears out the redemption rights and lets you quiet title more quickly. Often, a title insurance company will not even require a quiet title lawsuit if you have a quitclaim.

 Great!  Thanks again, I appreciate your help!

Post: Tax Deed Sale in Alabama

P.J. ReillyPosted
  • Investor
  • Denver, CO
  • Posts 30
  • Votes 17
Originally posted by @Denise Evans:

@P.J. Reilly, You must possess the property exclusively and continuously for 3 years before you can quiet title. It is really hard to prove that with vacant land, so you will have to file an ejectment lawsuit first. That puts you in legal possession, so you do not have to be in physical possession. It might seem strange to file an ejectment lawsuit when no one is there, but you are cutting off someone else's rights to possession, and legally establishing your own.

Thanks for the quick response!  If I am able to get a quit claim deed from the previous owner would that help in any way?

Post: Tax Deed Sale in Alabama

P.J. ReillyPosted
  • Investor
  • Denver, CO
  • Posts 30
  • Votes 17
Originally posted by @Denise Evans:

Is it a residential property?

 What about vacant land?  If I have a deed to the property can I quiet the title immediately or do I need to wait 3 years?

Thanks @Ned Carey!

Hey all, buying my first house at tax sale.  I've bought a lot of vacant land properties at the tax sale but this is the first structure.  Should I sell the property with a quit claim deed, selling it "as is" and let the buyer know where the property was purchased, or go through the quiet title process?  Just curious to hear your experiences.