Baltimore Real Estate Investing Blog

The Daily Record is reporting that Harvey Nusbaum will plead Guilty to tax lien auction bid rigging on February 12, 2010. His partner Jack Stollof pleaded guilty in January and will be sentenced March 25.  Steven Berman pleaded guilty in 2008 and paid a $750,000 fine in the same investigation.

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Baltimore has announced the dates for the 2010 tax lien certificate auction.

Monday February 1, 2010: Last day for homeowners to pay taxes with a personal check. Homeowners  Help for homes going into tax sale.

Wednesday March 17, 2010: Listing of 2010 tax sale properties will be published in the Baltimore Sun. This listing will [...]

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Back in July of 2008, I reported that Steve Berman had pleaded guilty to price fixing at Maryland tax lien auctions.  Others were implicated at the time.  Many of us active in local tax lien sales have been waiting for the other shoe to drop.
Jack Stollof has pleaded guilty to fixing bids at Maryland tax [...]

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I am already getting a lot of hits to my site for people searching for information on the 2010 MD tax sales.  To get more information about tax sales and how to participate, see my past posts on tax sale investing.  More on tax sales here.
Watch my site for updates.  I’ll let you know as [...]

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The Baltimore City Tax Sale was held May 18, 2009.  A total of 8569 liens were sold with a total face value of $20.8million. There were 172 bidders. 91 bidders had winning bids. There were a total of 33,426 bids meaning about four times as many bids a liens awarded.
If you compare that to [...]

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I will get a post up shortly with the Baltimore City tax sale results. If you would like to share your experiences in the tax sale click the title heading and leave a comment. Several of you have left comments already – thank you. I will respond when I get a chance, still lots of [...]

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This blog is focused on real estate investing. I have written a lot about tax liens and the tax sale process from an investor’s point of view, however I have gotten several questions from homeowners and tenants that are wondering what they should do. So here is the tax sale process from a homeowner and [...]

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Baltimore County Tax Sale

The Baltimore County tax sale will be held Wednesday June 3, 2009, at the County Council Chambers, 400 Washington Ave,  Room 205, Towson, Maryland at 9 a.m.  You must pre-register for the sale by May 29 at 4:30 p.m.  Registration is free. More information and the property list are available a the Baltimore County [...]

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Take Massive action
Something my friend Pete Gardini often says is to take massive action. You are not going to be successful by sitting around doing nothing.  Goals are great, thinking and planing are important, research is necessary, and going to seminars and reading real estate books ( and my blog ) are all [...]

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Do you want to learn how to invest in tax sales?  Do you want to learn the best neighborhoods to invest in Baltimore City? Which neighborhoods are the good the bad and the ugly? Do you want personal mentoring and all you investing questions answered?   If so contact us.
Crab Properties, LLC is looking for  [...]

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The Baltimore City has announced that the date of their annual sale of tax lien certificates is scheduled for Monday May 18, 2009.
Other important dates for tax sale bidders.
Wednesday, March 11, 2009. Properties that are delinquent will be listed in the Baltimore Sun along with instructions for bidders. Bidder registration begins. If you missed the [...]

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Perusing the web recently, I found a post about the Anne Arundel Tax sale. It reminded me of something you will sometimes see at a live tax auction. Anne Arundel’s tax lien sale instructions say that if someone is there to “clear the family title” they should speak up and others are asked not to [...]

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The Baltimore Sun is reporting that Steven Berman has pleaded guilty on charges he conspired to fix bids at a number of Tax lien auctions in Maryland over a several year period. Mr Berman is the husband of Heidi Kenny, the attorney that I had reported won so many bids at the recent Baltimore City [...]

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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 their taxes [...]

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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 the [...]

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