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How To Approach a Homeowner With a Redeemable Tax Lien

How To Approach a Homeowner With a Redeemable Tax Lien

How do you approach a homeowner that you now have a redeemable tax lien on? This is a question I’ve received several times before and it can be quite tricky. The first decision I make is if I’m going to approach them at all or not. In normal situations, I typically approach the homeowner. However, if I feel like it’s a high-end situation with a ton of value in the property, and they’re the kind…

Tips For Calculating Your Max Bid

Tips For Calculating Your Max Bid

This formula is what it’s all about! There are an unlimited number of ways you can approach setting this number. ** Rule #1 – When in doubt, err on the side of caution! ** What To Include In Your Formula: • Potential ARV (ARV) ARV (After Repair Value) You’ll need to run local comps and get good at crafting this number accurately. Remember to be conservative on this number. • Estimated Rehab Cost (ER) –…

Squatters Rights Law

Squatters Rights Law

Did you know that squatters have rights? The legal name for squatter’s rights is “adverse possession.” Squatting is a term used for somebody who occupies a property that legally belongs to someone else when that owner hasn’t given them permission. Squatter’s rights is an assertion that someone is entitled to own land after they’ve been squatting there, according to USLegal.com. Squatters are something we deal with regularly in the tax auction business, but it’s likely…

Forum For Your Future

Forum For Your Future

We’d like to invite everybody to our new Tax Auction Investors Real Estate Forum! https://www.facebook.com/groups/tairealestateforum/ We created this exclusive community for people striving to gain success in the real estate world. This group provides you an opportunity to network with other investors of all levels and experience. It gives you the ability to do deals, connect, share personal success stories and support each other. In this group you’ll be offered opportunities others won’t, learn strategies,…