The notice will contain information on the security interest being foreclosed as well as terms applicable to all bidders such as deposits and time to close.

My only real estate experience is in tax compliance for a few residential property investors and mortgage backed securities funds.

It is a 1 year lease and per the lease I will keep the security deposit.

We paid one property off last month and all others will be paid off within the next 2 years (on the one's where the tenants did not secure outside financing for & purchase from us).If done right, a program like this can work well.Best of luck!

Just this week end we cashed out 3 buildings and have a mobile part, a VFW Hall and two commercial properties ready to sell.So ------ 18 years ago I went to work for an auctioneer - learned the business and became an auctioneer and started my own company.So-------- I would suggest that you look into selling your contracts (buildings) using the auction method of marketing ----IT'S GREAT - the great thing is you don't need to deal with a buyer's agent, their bank or worry about turn-downs due to any number of thing.

Has anyone ever obtained a secured loan from a bank using a pool of Louisiana Tax Liens (Tax Sale Certificates) as collateral?

Luckily, the single family property I'd owned since 2012 and just sold last year provided about $60K of that (which was a great example of the power of real estate considering I'd only put $12K down on it five years earlier).I plan to use the BRRR method going forward to make my money go further.

Hey @Jacci Konkle, would you mind expanding on what some of this "sweat" and "work ethic" and "grind" methods are?

The key is to use these methods wisely.With that said, what are some of your go-to social media strategies when attempting to market your real estate business?

The solution is to figure out a method to bill back the tenants for the water usage.