
17 December 2024 | 5 replies
My figures are below.TaxDeed Winning Bid: $489.00 (My Bid May 2013)Property Clean-up: $450.00 (mowing, trash removal)Taxes & Insurance: $80.00 (2013 & 2014)Sale Advertising: $130.00 (Signage, Newspaper Ads, etc)Filings & Legal Fees: $245.00 (Deed, Lien Releases, Sales Agreement Docs)Total Costs: $1395 (approx)Sold for: $3250.00 (August 2014)That is better than the 25% I would have received if the property was redeemed during the redemption period.

16 December 2024 | 13 replies
from what I understand you're not supposed to advertise any deals or promote yourself.There are definitely good to great deals though.

19 December 2024 | 6 replies
Make sure everyone knows a cleaning schedule, expectation for common areas, how are you splitting utilities, guest policy, etc.

16 December 2024 | 1 reply
The most common options used by investors seem to be an LLC or Umbrella Insurance.

17 December 2024 | 3 replies
Only thing better would be initial deposit and then paid in full upon Certificate of Occupancy and punchlist complete.Of course, standard items should also be checked: licensed, insured, willing and able to pull all required permits, reference checks.I would also commonly avoid the cheapest bid you get.

21 December 2024 | 10 replies
I know our title plants in the metro areas of Or Wa are all off shore and its common to order title one day it gets worked up in the Philippines at night and back to Or the next day or 2 days.. but this one really shocked me thats why I thought to post about it.

19 December 2024 | 24 replies
I was told to do my own due diligence and I did and it was all falsely and fraudulently advertised.

23 December 2024 | 24 replies
This is Occupancy Fraud, a very common type of mortgage fraud.

17 December 2024 | 12 replies
I'm not sure if this is a local thing or if it's common in all markets.

15 December 2024 | 4 replies
List the property on MLS or with a trusted real estate agent, and market aggressively through social media, local advertising, and open houses to generate interest.