All Forum Posts by: Roy Ghai

I am certainly not restricted to PA, wouldn't mind investing in NY, or neighboring states where I can travel and check out the properties in person as opposed to just seeing the pictures. So if PA is really that stringent will look into NY.

Ned Carey perfect explanation, and thanks for that! William C. - well I have always had interest in real estate. Acquiring something for $200k when I only have limited amount to play with, is certainly hard and that's when I came across tax lien/tax deed. I do like the lien aspect as it's a constant interest you get from the owner, and you might get lucky and get the property foreclosed but again that's an IF element there and the returns can be variable if the property is redeemed. On the other hand tax deed, atleast that's my understanding - there is more room to make money, and you actually own the property yourself. I hope someone corrects me if I am saying something wrong or have different idea for this entire thing.

Thank you so much for all that useful information. I will definitely look into those things prior to making my first sale.

Hello everyone, 

I am trying to get into tax deed/sale, and had couple of questions. I understand every state has a different law in terms of tax deed/lien, and they go based on that. 

- I have encountered states like Pennsylvania which is supposed to be tax deed, but has tonne of tax liens and no tax deed?

- Also, does the tax deed sale usually happens once a year?

- Is there a central database where you can access different websites for different states/city/county which has tax deeds listed or googling particular state/city/county "tax sale" is the right way to go?

- For the research/due diligence, not being a real estate agent - would you recommend using some resources/websites in particular to start off, and see what would be the real value of the property?

- As a newbie would you guys recommend any useful tips or things to keep in mind starting off?

Thank you for all your help!