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24 February 2025 | 16 replies
Have proof on hand (easy enough to find) online of the missed tax payments and any documentation that supports that he specifically didn't pay his taxes.Probably a simply mistake on his part, but now if he wants to develop on it, he either has to land lease it from you or buy it back.I'm not sure how the whole tax deed thing works, so that would be something you have to figure out between the two of you.
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16 February 2025 | 44 replies
And the fact that your post had at least three votes for it when I posted this shows that there are lots of other people who would probably be losing in PA under those same assumptions that just happen to be FALSE in Pennsylvania.Pennsylvania has some rather complicated rules when it comes to tax sales; the particular type of sale that the OP purchased at is one that does not divest any liens; it simply changes the party that is the owner, with the new owner taking title subject to all liens and encumbrances of record.With tax sales, the buyer must be aware of all the local rules under which the tax sale is being conducted, because the rules vary all over the place.Now, what the OP seems to have failed to do in his research was to cross index the recordings at the county recorder; the "missed" mortgage would have showed up on a search by parcel number if that sort of cross check was done (and assuming all indexed documents at the recorder are properly indexed of course - I have seen mistakes made attaching a document to the wrong parcel).
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28 January 2025 | 4 replies
Financial freedom isn't simply about replacing your current income, because inflation continuously drives up prices, making a fixed income insufficient to maintain your standard of living.
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24 February 2025 | 147 replies
What the adherents of this program lack in understanding of investment finance is startling.
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4 February 2025 | 11 replies
Sometimes you can bring to life an old cabinet simply by painting it, putting new hardware on, and maybe updating a light fixture in the room that shines brighter, and not yellow.
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23 January 2025 | 5 replies
@Olga DaiselI think we are lacking some key details of your plan.
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12 February 2025 | 19 replies
You simply disclose your license to the Buyer and then use the correct documents and verbiage, you're fine.
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30 January 2025 | 7 replies
On the other hand, I’m hesitant to simply pay down more of a property, as we don’t need the immediate cash flow.Fortunately, both my wife’s job and mine are recession-proof, which allows us to be a bit more aggressive with our investments.I’d really appreciate advice from investors who have experience with frequent moves or military service.
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18 February 2025 | 51 replies
I am scared to pay for the lack of interest.
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19 February 2025 | 27 replies
It's simply a gross-revenue-to-price ratio.)I'm thinking of a few recent STR clients.