We will be on TV and suddenly you will become a TV producer over night as your name will appear on the credits and you will get a return on your investment (TBD) when we talk.2nd project: RV PARKI'm in the process of developing a unique RV park concept in an area which will be soon boom like ORLANDO, FL...yes, you read it, ORLANDO, because the company that runs Disney World has proposed a theme park as big as Disney World and it has been approved."

Section 40-10-74Right of purchaser or assignee to possession; redemption when lien is recorded.Any purchaser of lands at a tax sale other than the state or anyone claiming under him shall be entitled to possession of said lands immediately upon receipt of certificate of sale from the tax collector; and, if possession is not surrendered within six months after demand therefor is made by said purchaser or his assignee, the said purchaser or his assignee may maintain an action in ejectment or a statutory real action in the nature of ejectment, or other proper remedy for the recovery of the possession of the lands purchased at such sales and shall be entitled to hold the possession thereof on recovery, subject, however, to all rights of redemption provided for in this title.

NJ is a great place to start flipping, the problem is that in some areas the market is dead and in some areas the market is booming that you can't buy anything as beginner.

This is usually followed by "how can I collect or how can I prevent it?" 

Boom goes the dynamite!

Boom.  

I soon realized, driving around, that there is a killer area around 6th avenue that is pretty much booming.

If there aren't jobs being created and/or a reason for people to move to an area, property values, rents etc. remain pretty linear.A hybrid market has somewhat linear growth for a bit, then it may have a "boom" of sorts; however, the boom wouldn't be comparable to say the California market.

the trick to bad debt like this is getting the judgment.. ( which can be quite costly) then sitting on it for 9.7 years.. then skip tracing them and garnish and hit their checking account 9.9 years later .. they have forgotten about it.. and are not actively trying to evade creditors at that time.. this is how my friends company works.. they buy 10 to 20 million a year of this paper.. so you can imagine lots of money out for a long time.. but when they start to collect its big payoffs..its not uncommon that a 3k lien that is 10 years old is now up to 10k.. and they paid 150 bucks for it.. ( now they buy the judgments the credit card company has already done the legal tried to collect and just off loads the paper.. you will have to spend the money to get the judgment.. there might be some debt collectors out there that will do a equity share with you.. that's pretty common in the debt collection industry.. just google around.

Boom!