Entries from May 2008
If you read my previous posts My Day in Court and What is a Receiver? You know the city is trying to take one of my properties and auction it off. The last time I was in court, the case was delayed for a month and a half to give me time to take action. Well a [...]
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Tags: real estate
What is a Tax Sale? After writing the previous post, Tax Sale Results part 1 I realized that some readers may not know what a tax sale is, so I will give a brief description and then the results. The bulk of the income for most municipalities is property taxes. To encourage people to pay [...]
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Tags: Advanced tips · real estate · Tax Liens
In my last post I mentioned how there were two empty lots scheduled to go to tax sale. They were assessed at upwards of $100k although the neighborhood was worth double that. I wondered if anyone would bid without inspecting the properties to see that they were actually empty lots. Yes, American Lien Fund is now [...]
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Tags: real estate · Tax Liens
It’s been a little while since I last posted because this is a busy time of year for me. One of the things I do is buy tax liens at the Baltimore tax sale. This is not really a direct investment in real estate but it is a way to get passive interest. In very [...]
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Tags: real estate · Tax Liens