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All Forum Posts by: Robere Istatia

Robere Istatia has started 8 posts and replied 26 times.

Post: Best Apple laptop for real estate?

Robere IstatiaPosted
  • Accountant
  • Tampa, FL
  • Posts 28
  • Votes 5

Hello @Lavaud Charlemagne,

In my opinion, I would say it depends on the type of work you do. If you are constantly on the move or in less than desirable areas I would be hesitant to put my Macbook Air on a moldy/dusty/undesirable counter top but I would have no problem putting my $300-500 laptop on the same counter bc they are easily replaceable just in case something happens. If you are mainly in an office or meeting with clients I would go with Mac bc it is more prestigious and automatically gives you credibility. (No one questions why you have a mac in a meeting, they may look at you funny if you have a less than desireable pc in a meeting where everyone else has macs) 

I personally use a Macbook Air, Ive upgraded from a normal Macbook after Ive used/abused it in college. It finally got to a point where I said "I know I need to upgrade but this thing wont break" I did upgrade but still use my older Macbook to download music because they just dont get viruses. I know its a hard decision but to make the cost a little more even you can get a slightly used MB off of C-List or refurbished or slightly used and have full confidence that it works/looks great.

Post: What to do with A TAX DEED

Robere IstatiaPosted
  • Accountant
  • Tampa, FL
  • Posts 28
  • Votes 5

@Wayne Brooks Where do you find the template for the deed. Does the county have a format they require? 

@John Underwood Do you have any tips on how to find a reputable RE Attorney in my area, ever had a bad experience?

Post: What to do with A TAX DEED

Robere IstatiaPosted
  • Accountant
  • Tampa, FL
  • Posts 28
  • Votes 5

@John Underwood thank you for your response. I realize that the Tax deed is a quitclaim but how would I sign it over to someone else. It is just a plain document that shows the Tax Deed being bought by me but no way to transfer it to someone else. Are you familiar with how to create a document/ template so I can sign it over to someone else once I find a buyer?

Post: What to do with A TAX DEED

Robere IstatiaPosted
  • Accountant
  • Tampa, FL
  • Posts 28
  • Votes 5

I just bought my first Tax Deed here in FL. When I went to purchase the deed, I was provided with a piece of paper that reads "Tax Deed". I am wondering how I can make a quitclaim deed out of this. I am aware I can go through the quite title process to get a warranty deed but the process is expensive and I believe I can sell the deed as a quitclaim deed. The property is raw land in a residential neighborhood. The property seems to have the base of a structure as the property may have burned down or construction ceased on the property, which is unlikely in a residential neighborhood where homes literally surround the property. If there is any additional information you would like or any contacts you can provide it would be greatly appreciated. BTW I am located in the Tampa Bay Area.

Post: Note Servicing Questions

Robere IstatiaPosted
  • Accountant
  • Tampa, FL
  • Posts 28
  • Votes 5

Thank you to all for the responses, 

This leads to an additional question of mine for 

@Edward B. and @Chris Seveney:

How is the escrow handled with notes and to what extent am I going to have my money "locked up" in escrow and for how long usually. I have been learning about note investing but I haven't heard or seen escrow being applied to the examples, how often does this happen?

Post: Note Servicing Questions

Robere IstatiaPosted
  • Accountant
  • Tampa, FL
  • Posts 28
  • Votes 5

Hello All,

I am interested in buying a performing note. I have been looking into investing in notes but I am a little hesitant because

  1. What is the pay structure (How much I need to pay them and how frequent) and the services that Loan Servicing companies offer
  2. Is there a certain amount of minimum loans that they will service
  3. In the case of a delinquency how would I go about the foreclosure process

If you can provide any feedback on these questions of mine or provide targeted links for me to do some more personal research whether it be on BP or an external source.

Thanks in advance :)

Post: I want to start investing in tax liens

Robere IstatiaPosted
  • Accountant
  • Tampa, FL
  • Posts 28
  • Votes 5

To add on to previous posts, if you would like just a broad overview of the business and to look at a little more detailed introduction (Probably similar to the things you will learn at a seminar that costs) you can use youtube. They have a lot of videos that literally walk you through the websites and what buttons you need to press. Depending on the county you are interested in they might have examples online, if not you can call the clerks office downtown and they will have someone that can walk you through the site. 

Post: Loan Servicing Questions

Robere IstatiaPosted
  • Accountant
  • Tampa, FL
  • Posts 28
  • Votes 5

Hello All,

I am interested in buying a performing note. I have been looking into investing in notes but I am a little hesitant because 

  1. What is the pay structure (How much I need to pay them and how frequent) and the services that Loan Servicing companies offer 
  2. Is there a certain amount of minimum loans that they will service
  3. In the case of a delinquency how would I go about the foreclosure process

If you can provide any feedback on these questions of mine or provide targeted links for me to do some more personal research whether it be on BP or an external source.

Thanks in advance :)

Post: I am looking for help on developing a tax lien strategy

Robere IstatiaPosted
  • Accountant
  • Tampa, FL
  • Posts 28
  • Votes 5

I have been trying to generate a strategy to acquire properties through tax liens. Is there any experiences that you have made to get the property after sending it to the TDA(Tax deed auction). When I am looking for properties I am making sure the county does not have any liens on the public records and I am physically driving by the properties before I purchase the lien. Also, tax liens are refreshed every year only once a year, do you try and purchase as many as you can when they are first released or is there a way you are constantly purchasing them year round and still maintaining the quality in the property/lien?

Post: Tax Lien LLC or LLP, which is better

Robere IstatiaPosted
  • Accountant
  • Tampa, FL
  • Posts 28
  • Votes 5

I am in the process of creating an LLC or LLP for my company that will start buying tax lien certificates. I wanted to know what the BP community has done and what the experience has been with either of these options? Which do you prefer/recommend.