All Forum Posts by: Eric Mullen

Please send me the flyer/details for this property.

A few things....
1. Be aware the majority of properties will be taken down from the list due to being paid in full. This includes properties still on there only hours from auction start time(delayed updates to the clerk of courts site). This is a MAJOR time sink when you drive 20+ properties to only see 2-3 go to auction.

2. Competition is fierce, don't over pay.

3. ALWAYS check the tax assessor website to check for county liens on the property. They add up fast on a vacant property.  These survive the tax deed and will be passed to you.

http://fl-duval-taxcollector.publicaccessnow.com/P...

I personally stopped bidding due to how long it takes for money to post to your clerk of courts account(basically ties up this money permanently) and too much wasted effort when 80% of the properties I am interested in are removed minutes prior to auction.

-Eric

Hi Kyle,

Could you post the zipcodes of the properties. 

Absolutely agree, that should be outside of the quoted ROI. I looked into JWB and was very impressed with the people there, but not the numbers. Low estimates on Occupancy and Repairs, high mgmt fees and purchase price. I simply thought that I could get into a home at a lower cost myself(and outsource management) so decided against them.

I am looking for contractors / scrappers to tear down a 1970s double-wide mobile home in Jacksonville, FL. I am looking to get a few bids and start work as soon as next week.

I am a buyer in Jacksonville and would be interested to see the details.

I have been bidding on Duval county Tax Deed sales the last two months and have found it to be very competitive at least on the properties I have tried for. It is all done online now through the Clerk of Courts website. It is free to sign up and watch the bidding.

I just joined the JAX REIA group this past week. The next meeting open to non-members is tomorrow (7/29).

http://jaxreia.org/

You could start by wholesaling a few homes to save the needed capital.

Another newbie here who will also be attending the meeting.