Wherever you go, you are competing with local investors who feel the same way, except you have an additional cost burden and management inefficiencies because you are NOT local.

Once the fund receives a capital commitment, the clock starts ticking on the preferred return (or at least it should), so they’re motivated to deploy that capital ASAP.

Just thought I would take this opportunity to share with you some additional basics that I have learned within my short venture into investing with Tax Liens.My state (Alabama) currently has a 3 year redemption timeframe and pays approximately 12% per year.Ok, I assume you know the foundation on how to find listings and researching the properties etc.My discussion will begin with what happens after you purchase your Tax Liens.Firstly, be aware that most Tax Liens will be redeemed approximately 90% are repaid within the first year.Secondly, after the sale the previous owners are usually notified that their property has been sold and outline their rights of redeeming the Lien without additional consideration (aka cost paid to you the purchaser) if made normally within 10 days of notice.Thirdly, the annual percentage rate will only begin after you have held the Lien after 30 days; therefore you will receive only the original cost you paid on the Tax Lien; no more, no less.Lastly, you are not the homeowner just a Lien Holder therefore no keys, no access to the property, no look through so etc.  

If the inspection reveals a bigger problem, either you can try to keep the deal alive by offering a seller credit, which could motivate the buyer to move forward, or the buyer walks away. 

Additionally, I can assist with lead generation and other essential tasks to streamline your operations.If you’re looking for high-quality cold callers at a low cost, I can also connect you with a top-tier agency that specializes in this.

And depreciation recapture is an additional tax liability.

On another deal, I faced a major hurdle—a tenant with a two-year lease who wasn’t exactly motivated to leave.

But they have it included in the listing as an additional bathroom. 

The top # is the number of land seller lead submissions... the smaller (bottom) number is how many of them filled out a step 2 form that further qualified them (also shows motivation). 

In addition to Decatur, consider areas like Druid Hills, Kirkwood, and East Lake, which offer good rental demand and accessibility to Emory.