Contractor · Cleveland, OH · Member since 2013 · 90 posts · 14 votes
So far so good as I have been getting the ball rolling, having bought over a half dozen tax liens so far, and doing thorough research on properties has become more natural with every new lien.
But now I must ask: does anyone know anything about TaxSaleResources.com? I've been getting emails from them for quite awhile, and am now wondering if it'll be worth it to subscribe to them.
Investor · Baltimore, MD · Member since 2008 · 17k+ posts · 13k+ votes
8y
@Eric B. I don't know anything about them or their services, but here is some food for thought. What information are they going to give you that you cannot get yourself? How up to date is their information? What is the value to you, to them supplying the information vs you finding it yourself?
Personally I don't have the least bit of interest in services like that. None can possibly supply the most important piece of information to me. What is the current condition and what does that make it worth?
A few people have contacted me and asked me what I would want in software for tax lien investing. My response is basically why would I want that? What can it do for me that I can't do better myself?
Investor · Baltimore, MD · Member since 2008 · 17k+ posts · 13k+ votes
8y
@Eric B. I don't know anything about them or their services, but here is some food for thought. What information are they going to give you that you cannot get yourself? How up to date is their information? What is the value to you, to them supplying the information vs you finding it yourself?
Personally I don't have the least bit of interest in services like that. None can possibly supply the most important piece of information to me. What is the current condition and what does that make it worth?
A few people have contacted me and asked me what I would want in software for tax lien investing. My response is basically why would I want that? What can it do for me that I can't do better myself?
Contractor · Cleveland, OH · Member since 2013 · 90 posts · 14 votes
8y
Great point @Ned Carey. Come to think of it, there's not really anything I can think of that they offer that compares to the reliably up-to-date information that Grant Street and other sites I use regularly offer. But keep in mind, I'm just going by what I already know about TaxSaleResources.com, which is not much.
Perhaps I should just stick to what I know is good and works!
@Eric B. I am beyond new to tax liens and obviously looking to learn as much as possible. What is Grant Street? I have tons of questions but I'll start there. Thanks!
Contractor · Cleveland, OH · Member since 2013 · 90 posts · 14 votes
8y
@CARL DECANINI Oh, Grant Street? Excellent resource for Florida and California tax deed auctions, as well as Florida auction & over-the-counter liens. Plus Florida auctions are held there year-round. Not all counties are year-round, of course though. Grant Street alone is more than enough to keep you busy for months!
@Eric B. Thanks. I am looking to get into tax liens locally for commercial properties, Chicago metro area only for now. I have done ZERO real estate investing but my parents and grandparents made their money this way. The goal is to pick up a property to hold and manage. From what I have found, the redemption period is 6 months on commercial. I will also look at acquiring commercial properties on the market in addition to using tax liens. I have a TON to learn. This site is the bomb.
Contractor · Cleveland, OH · Member since 2013 · 90 posts · 14 votes
8y
Yes, it certainly is! I wish I was able to advise you on a site that handles Cook County liens -- since your focus is the Chicago Metro area -- but unfortunately I don't know any. I do know a site through which tax deeds are auctioned on Illinois properties. But Cook is not one of the counties on that list. That's the bad news. The good news is there's about three or four dozen other Illinois counties on that site.
Investor · Baltimore, MD · Member since 2008 · 17k+ posts · 13k+ votes
8y
@Carl Lee just Google Grant Street Group tax liens or similar search, and it should bring it up. They likely have many sites. They handle the baltimore city tax sale you can see that at BidBaltimore.com. I suspect they have links to other auctions there.
@Carl Lee just Google Grant Street Group tax liens or similar search, and it should bring it up. They likely have many sites. They handle the baltimore city tax sale you can see that at BidBaltimore.com. I suspect they have links to other auctions there.
When do they start posting properties for Baltimore? Definitely interested when that rolls around in the spring!
Investor · Baltimore, MD · Member since 2008 · 17k+ posts · 13k+ votes
8y
@Nicole B. they usually update the list for the coming sale in March. It is the same time the publish the list in the Baltimore Sun. Sometime they list the dates of sale and the date the list comes out before that time.
This is an old post but I wanted to chime in for future investors that stumble upon this. Tax Sale Resources sell courses and seminars like all the gurus and use that money to bid for properties I guess. They give redundant common sense info you can get out of a book or a one-page article. I went to their 3-day seminar earlier this year. On day one they just chanted about how much money you can make and had hard money lenders pitching loans to us. I left before the day was over and to BBB to get my refund. Which I did. Waste of time. Save your money and go buy a tax lien with it.
This is an old post but I wanted to chime in for future investors that stumble upon this. Tax Sale Resources sell courses and seminars like all the gurus and use that money to bid for properties I guess. They give redundant common sense info you can get out of a book or a one-page article. I went to their 3-day seminar earlier this year. On day one they just chanted about how much money you can make and had hard money lenders pitching loans to us. I left before the day was over and to BBB to get my refund. Which I did. Waste of time. Save your money and go buy a tax lien with it.
This is an old post but I wanted to chime in for future investors that stumble upon this. Tax Sale Resources sell courses and seminars like all the gurus and use that money to bid for properties I guess. They give redundant common sense info you can get out of a book or a one-page article. I went to their 3-day seminar earlier this year. On day one they just chanted about how much money you can make and had hard money lenders pitching loans to us. I left before the day was over and to BBB to get my refund. Which I did. Waste of time. Save your money and go buy a tax lien with it.
biggerpockets is a great source for old, outdated, posts that get resurrected. Often with incorrect/bad information.
So I have to ask Jean, WHAT courses does "Tax Sale Resources" sell?? I am not aware of any. Are you sure you are talking about the correct organization? "https://www.taxsaleresources.com/" ?