Hi everyone! Im 23 and just getting into real estate investing, and wanted to find the cheapest way to start accumulating wealth and I think I may have found it. The state of Alabama purchases the delinquent taxes fro...

This can be plaintiff or defendant in business disputes (partnership breakups), consumer DTPA claims, breach of contract, specific performance, probate (title issues), adverse possession/trespass to try title (quiet title actions for breaks in the chain of title), or suit for declaratory judgement (interpreting a contract or boundary).I am admitted to all TX state courts, and the Federal District Court for the Southern District of Texas. 

@Doug Pretorius that is pure GOLD!

But they are worth their weight in gold.

I think you're ready to purchase a tax-deed the major down-fall is that too many foreign investors and small capital groups come in and buy the best properties near or above market value....There's a bunch of posts on tax-deeds its just you have to spend sometime  learning how to title examine (this is a key skill you will have to learn).1/2) These properties are being "foreclosed" by the local government - in general its state specific for instance in FL it is true they can be redeemed until the second before sale however after you're pretty much done for (however if its a valuable property and any of the previous owners in the chain of title have a bit of cash to throw around you'll be forced to defend yourself in court which can be pretty expensive).

It sounds incredible, so if it checks out then you struck gold.

I had never thought about threads/posts showing up on Google and the chain of events that could happen after that!

You are the landlord you are in the power position not them you should adhere to the “golden rule “- you have the gold so you make the rules !

My "reserves" are actually invested in equal parts cash, long-term Treasury bonds, the total work stock market, and gold, which is a very defensive asset allocation that should theoretically hold its value and likely grow in just about any economic environment.

@Mary Gold if you sell your old property and do a 1031 exchange you must purchase at least as much investment real estate as you sell in order to defer all tax.