All Forum Posts by: Aaron Millis
Aaron Millis has started 63 posts and replied 172 times.
Post: Tax Delinquent - marketing methods

- Rental Property Investor
- Montgomery, AL
- Posts 179
- Votes 188
Post: Mortgage vs. Free and Clear Tax Sales

- Rental Property Investor
- Montgomery, AL
- Posts 179
- Votes 188
Post: Georgia Tax Sale Question

- Rental Property Investor
- Montgomery, AL
- Posts 179
- Votes 188
Post: Georgia Tax Sale Question

- Rental Property Investor
- Montgomery, AL
- Posts 179
- Votes 188
@Bob B. If there were other liens on the property would I be able to pay them off and then continue with my original plan? Assuming that the numbers work out and they don't owe $200K to some contractor?
@Roman M. That is a good point I did not think of that. But what you explained with the deed going to me and them signing a lease.. who would I have to go to to make that happen? An attorney?
Also I know that if there is a mortgage on a property and it goes to tax sale, the winner of the sale wouldn't have to pay the mortgage- they would just deny the redemption and then they would have the property free and clear. Do you know what would happen in my scenario if I ended up with the deed and the owner did not pay me back? Would I assume the mortgage, or would it go away? Or could I get screwed and the mortgage company say that all of the remaining balance is due now that I am the owner?
Post: Georgia Tax Sale Question

- Rental Property Investor
- Montgomery, AL
- Posts 179
- Votes 188
Hi everyone. So I live near Georgia and am interested in investing in Tax Sales in GA counties. I know basically how everything works but I had an idea/question and I would appreciate the feedback.
So I know in GA once a property goes to tax sales for delinquent prop taxes that the owner must pay the winner whatever their bid was plus 20% within the year. So if someone's property was worth $100,000 and they only owed a couple hundred dollars in taxes, and it went to auction, it's possible and I imagine likely that someone is going to bid tens of thousands of dollars. Because why wouldn't they? They could get a great deal on a property or a great return on a nice chunk of money.
Assuming everything that I just said is accurate, my idea is to reach out to these people who owe money on taxes and are soon to have their property sent to auction, and find a way to construct a deal with them where I put a lien on their property- pay their property taxes but still demand a certain interest rate or return back- and also make the time similar to Ga law or possibly shorter where if they don't pay me back the amount I can seize their property.
So an example is someone has a $100,000 property- owes $1,000 in delinquent taxes- Its going to auction soon- I step in and say I will pay their taxes but I want $5,000 with a year from now or I get the property.
So the idea is to make a good return on my investment while saving people from the bigger dogs just around the corner.
If this is possible how would I legally construct it? Who would I need to talk to?
I hope I worded this well enough for people to understand and thanks for any feedback.
Post: Likely Outcome For Tax Lien

- Rental Property Investor
- Montgomery, AL
- Posts 179
- Votes 188
For anyone who has experience with purchasing tax leans I am in the beginning stages of evaluating some from the local news paper. After digging I found that the current owners of the home are living in it as well. They are delinquent for 2015-2016 taxes, but they paid all their taxes from 2004-2014. I am just wondering what the common outcome of this might normally be? I assume that they must have a decent amount of equity, and would probably not want to lose their house..however I do not know their situation so its hard to predict the outcome. I know to plan for the scenario that you end up with the property, but I still would like to know how likely it would be in this instance. Thanks
Post: How to find address through parcel #

- Rental Property Investor
- Montgomery, AL
- Posts 179
- Votes 188
Cornelius and Brady thank you very much that was helpful.
Post: How to find address with parcel #

- Rental Property Investor
- Montgomery, AL
- Posts 179
- Votes 188
This may be a dumb question but I am wanting to know how to find the address to a property through the Parcel number that is in the listing for a tax lien. If it is state specific I am in Georgia. Thanks
Post: How to find address through parcel #

- Rental Property Investor
- Montgomery, AL
- Posts 179
- Votes 188
Post: Alabama Tax Sale Auctions

- Rental Property Investor
- Montgomery, AL
- Posts 179
- Votes 188
@Denise Evans Okay thank you it should have just sent.