Hi - thanks for the video. What is the exact difference between property records and legal records. My understanding is that the deed information is usually contained in the property records through assessors page while the lien info is listed in the legal/court records. Is that correct? Thanks!
I recently signed up for a membership and started my LLC, so I'm in the process of reading through the guides; would I need to do a lien search prior to the auction for a property I'm looking to purchase the tax deed for?
Hello TDJ, we are so glad to have you as a member! Yes you will want to review for any government liens before buying a tax deeds. Go ahead and check out some of the Research and Due Diligence Videos we have in the training center of www.TaxSaleSupport.com. We have some past webinars where we review the steps to research for government liens. Also, as a member you can ask any questions you have in the Members Forum of the website. We will usually be able to answers your questions quicker in the Members Forum. So be sure to let us know if you have any other questions and we are excited to have you on the TEAM. Thanks again, Stephen
Where can we find the webinar about searching liens ? I purchased the online kit and did not see any thing so far. With Tax Lien Certificates are other liens problematic ? I also purchased a report on a property from a company for $1 and it had list of owners and title holders but no liens as far as I could see.
I looked trhough some counties in FL and the results showed 0.25% on the Lien Cert. Auctions apparently large Banks like Florida and spend $millions on Lien Cert. and bid down to the lowest with the intention of getting the 5% minimum ? Perhaps with rates being so high maybe they wont be so low on the bid.
Great question, it really depends on how much you want to invest and your strategy. Like mentioned below by the Note Doctor its not necessary in all situations. Many investors start in their own name and then as their business grows the set up an LLC. But in can make a lot of sense to set up an LLC if you are buying tax deeds. Hope this helps! Thanks, Stephen
Very informative. You put this out in 2021 - I wonder how the forecast is in 2023.
I plan on only doing OTC
Great way to start...
Hi - thanks for the video. What is the exact difference between property records and legal records. My understanding is that the deed information is usually contained in the property records through assessors page while the lien info is listed in the legal/court records. Is that correct? Thanks!
Thank you so much for the great information!
Thank you some much for the support!
I recently signed up for a membership and started my LLC, so I'm in the process of reading through the guides; would I need to do a lien search prior to the auction for a property I'm looking to purchase the tax deed for?
Hello TDJ, we are so glad to have you as a member! Yes you will want to review for any government liens before buying a tax deeds. Go ahead and check out some of the Research and Due Diligence Videos we have in the training center of www.TaxSaleSupport.com. We have some past webinars where we review the steps to research for government liens. Also, as a member you can ask any questions you have in the Members Forum of the website. We will usually be able to answers your questions quicker in the Members Forum. So be sure to let us know if you have any other questions and we are excited to have you on the TEAM. Thanks again, Stephen
Where can we find the webinar about searching liens ? I purchased the online kit and did not see any thing so far.
Where can we find the webinar about searching liens ? I purchased the online kit and did not see any thing so far.
With Tax Lien Certificates are other liens problematic ?
I also purchased a report on a property from a company for $1 and it had list of owners and title holders but no liens as far as I could see.
I looked trhough some counties in FL and the results showed 0.25% on the Lien Cert. Auctions apparently large Banks like Florida and spend $millions on Lien Cert. and bid down to the lowest with the intention of getting the 5% minimum ? Perhaps with rates being so high maybe they wont be so low on the bid.
Should I have an LLC established if this is something that I am looking to invest in?
No, not necessary
Great question, it really depends on how much you want to invest and your strategy. Like mentioned below by the Note Doctor its not necessary in all situations. Many investors start in their own name and then as their business grows the set up an LLC. But in can make a lot of sense to set up an LLC if you are buying tax deeds. Hope this helps! Thanks, Stephen