Woodside, NY · Member since 2016 · 18 posts · 2 votes
Hello RE people!!...I am Fanny-Olga from New York city, currently a self employed & getting my feet wet on the RE investing industry. I would like to invest in Florida (Yes, I took a course in tax lien & tax deed) and hoping to learn from the pros. i am particularly interested in Volusia county.
Woodside, NY · Member since 2016 · 18 posts · 2 votes
10y
guys, thank you for the input...i am currently looking at Volusia county but the properties/vacant lots offered are not the greatest...i was also told that the assessed value is not THAT important but rather the vicinity & this is where my problem arise...lets see how i get to go about this....Hope to bring better news next time...Thank you GUYSSSSS... p.s i missed the webinar on the newbies on real estate....UGRRRRR!!!
Woodside, NY · Member since 2016 · 18 posts · 2 votes
10y
Hello everyone..it is me....i was away for a few..Ok..here is my latest down on tax deed. i Saw a vacant lot in Miami (tax deed auction) with an opening bid of 8500USD and ASSESSED valued of 73!! (it sounded too odd) through a contact found out that this vacant lot CAN NOT BE SOLD because is is restricted as a ommom area to be developed as a park by the county(an not be touched not sold). ufff thought i save my self big trouble (and i am a newbie) but people bid for it anyway!! it ended up at 16500 use final close bid price....How can this be??..any thoughts??
Hello RE people!!...I am Fanny-Olga from New York city, currently a self employed & getting my feet wet on the RE investing industry. I would like to invest in Florida (Yes, I took a course in tax lien & tax deed) and hoping to learn from the pros. i am particularly interested in Volusia county.
Welcome to BP! This is a great space to learn more about REI!
Feel free to send me a message if you have any questions.
Wholesaler · Lehi, UT · Member since 2015 · 333 posts · 144 votes
10y
@Fanny- Sorry Fanny I missed this earlier post. Have you had success yet with finding the property addresses? It's pretty easy to do with the property appraiser in Florida. If you don't get the situs address of property location it just may not have one. There will always be a physical location posted on the property appraiser site. Make sure you are not looking at the mailing address unless it's the same as the physical or situs address. If you see something such as NE SHIMMER AVE, etc. then it is vacant property. If you look at the property appraiser GIS it will take you to an updated ariel map where you can see the location at least. This will give you an idea as to whether or not you have a good investment in the property at hand.
Woodside, NY · Member since 2016 · 18 posts · 2 votes
10y
dear bigger pockets colleagues!!!!!!...Yes it is me....lol....Ok i have some exciting news to share & I NEED SOME SERIOUS help here: Soooo, i finally acquired a property in Volusia County via tax deed auction...it is an old house 1 am. for 7600 $...it is NOT in the best of areas of Daytona Beach but i had to get my feet wet at some point?!...Ok now what do I do?...My sister (an arquitect) is completely against it buck she said what if asbestos, weak foundation etc... she was able to inspect it FROM OUTSIDE BUT at this point i could just: Do nothing & wait 1-2 yrs for the property to gain some value, OR try to sell it ASAP (quick sale)...The house is a wreck BUTi didn't invest much. What do i do Now, i have to search if any liens, obtain & process a title deed??....ANy ideas guys...i can send pics if needed & you guys be the judge...HELP...i am scared but happy overall..... ope to hear from you guys...
Real Estate Agent · New Smyrna Beach, FL · Member since 2016 · 31 posts · 12 votes
10y
Basically need to find everything thats owed on the property, pay it off and sell it at a price that nets you some profit or fix it upto the point you can rent it or sell it at a profit.