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As a real estate investment, many people ask about tax lien properties. They can represent a lucrative acquisition opportunity, but it is also a field filled with landmines. This article will focus on what properties ...
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Hello BP, My wife and I are jumping in to the REI world and buying our first property. I’ve been on BP for years and have dabbled a little bit but never got serious. Now I am. We are looking to buy our first home thr...
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Looking for information on making a bid on courthouse steps. If you win the auction, are you expected to have payment ready at that time? Or do they expect some sort of earnest money deposit in the form of certified ...
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By digging in the probate office I found an interesting property:
The owner did not pay property tax in 2006 ($494).
A local LLC company purchased the lien certificate with a huge excess bid ($22000).
The taxes were n...
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Hello! So, friend bought a property cash under their name and now refinancing (cash-out refinance) the property into an LLC that is jointly owned by both of us and we will be getting funds from this refinance for reno...
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When entering information on my Turbo Tax Premiere software I see a screen that asks the following: If this business shares common ownership and operates co-operatively with another business, you may want to report t...
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Does anyone have experience with the courthouse foreclosure process. I am bidding on a property that is being foreclosed upon by the first lien holder, however the final judgement amount is 120k more than the assessed...
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I have a vacant property that is causing issues for a property I own. The house will be up for tax sale later this year. I’ve never bought a tax sale before and am curious about how it works and if I should do it. Is ...
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Hello. I need some help. After so many attempts to get a hold of the tax delinquent list from my county. They finally gave me a tax delinquent list. It sais "Delinquent Taxes published summer of 2018" So I was wonderi...
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After 2 years of being on BP I finally got me pre approval letter for an FHA right around my 23rd birthday 🙂. Now I’m just looking for properties to invest in. I’m having trouble with the property taxes . I’m assuming...