A tax lien gives you the right to immediate possession (rents) of the property in Alabama.

@Elizabeth Hernandez It should be on the bill of sale and closing paperwork along with the possession date.

Learn these formula first.Your mentor should explain the many methods of negotiating - second stage negotiation - hybrid offers - controlling clauses - delayed settlement with right of possession and subject to the existing financing - built-in extensions - and assignments.Power Prospecting - where to find the real estate that will produce profits - how to make offers before looking at the property - working tax sales, foreclosures, expired listings, FSBO's, advertising - radio - internet - TV - agents -fiduciary buyer brokers.To mention just a few of the things you prospective mentor should be doing for you.Good luck - Charles

When you get possession the plumbing, fixtures and everything will be ripped out.

On all paperwork the property is under my clients LLC, but he doesn't pay the taxes cause it's actually owned by another company using his name.I know for adverse possession he has to be paying the taxes, but what about a lawsuit or claim to the building?

If Applicant is approved for occupancy, the applicant agrees to sign Landlord’s Lease and take possession of the property.

Here you'll hopefully find others with money who possess a real estate mindset, willing to lend to a proven flipper.

The rent due is $675 and the tenant is on a month-to-month lease (previous lease with previous owner expired in July 2019).I served them with the Demand for Compliance or right to possession notice (JDF101) on 11/6.

By that I mean that until you are legally able to take possession of the property you have only purchased the lien paper and still have to deal with the renters/owners.

.: Hello – I will be in possession soon of a property that I plan to sell.