All Forum Posts by: Shimira Greene

just bumping for visibility and curiosity 

Both locations would provide you with some good inventory and tenants. I'm not familiar with these cities to provide you with a drill down what areas or neighborhoods to stick to.

@Shane H. and @Denise Evans how could I verify if it's an easement, leased, or owned by the tax payer? This is a tax deed so I'm assuming since the potential billboard owner did not step into pay the taxes that this particular setup does not include the clause. With this in mind the only option is for them to redeem? 

@Denise If there is a permanent easement (prepaid meaning the tax payer received the funds) this would convey with tax deed, if I bought the tax deed (went through the steps for legal possession and ejectment and quiet title). I would have the rights to everything not included what's in the easement? If its a lease with a specified timeframe/length then once the lease ends and I purchased the tax deed (and complete the ejectment and quiet title) I would become the "landlord"? Meaning the lease would be between me and the billboard owner? If there is a quarterly/monthly lease that is active (paying status) and I file ejectment and quiet title would I still have no rights to assume the lease agreement or the land that the billboard is attached to?

@Shane H. how did you "See" the easement?

I see I have a lot to learn and research. I'm up for it as this has now been added to my list of income stream goals. Even if its not with this property particularly but another one. Thank you all for the input. I'm so glad I didn't just jump on this deed.

@Anastasia Jordan any update regarding this issue?

@Anastasia Jordan how did the negotiation go? Have you had any success with this method lately? Can I pay you for a copy of your counter letter?

@Anastasia Jordan how did your negotiating go with the state? Also can I get your insights on going through the qt and ejectment suites by doing it yourself? Thank you

So if I buy the tax deed, the only way to obtain legal rights to the lease and revenue of the billboard is to  go through the full ejectment and quiet title process? Or at worse since it's personal property they could "take/remove" the billboard? This is the only reason I'm interested in the lot. Would like to convert it to a digital board as well.

@Audrey Gory got to county or state's revenue site

@Donta' Collins did you negotiate? 

@Denise Evans,

If a tax deed property is an empty lot with only a billboard sign on it. How is this treated? Is the billboard considered to be real or personal property?