Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Anastasia Jordan

Anastasia Jordan has started 37 posts and replied 434 times.

Post: Little or no money investing

Anastasia JordanPosted
  • Investor
  • Birmingham, AL
  • Posts 446
  • Votes 304
Originally posted by @Shani Dixon:

What is Tax Lion Investing? And thank you everybody!

***if I am wrong in my explanation someone please correct me*** 

When property owners don't pay their properties taxes the state puts a lien on it and makes the lien available for sale at auction to the public. In Alabama properties that do not get bought at auction through the county are made available "over the counter" through the state on a first come basis.  Every state is different is you will need to be well versed in the laws where the property is located.  In my state lien holders can take possession and occupy the property if it is unoccupied. Other states are different.

Post: Little or no money investing

Anastasia JordanPosted
  • Investor
  • Birmingham, AL
  • Posts 446
  • Votes 304

I don't know anything about no money investing but you can start with tax lien investing for very little.

Post: First Flip at 21! Before and After Pics!

Anastasia JordanPosted
  • Investor
  • Birmingham, AL
  • Posts 446
  • Votes 304

EXCELLENT!!!!!

Post: Buying a tax lien property for personal use

Anastasia JordanPosted
  • Investor
  • Birmingham, AL
  • Posts 446
  • Votes 304

I'm in y'all.

Post: Buying a tax lien property for personal use

Anastasia JordanPosted
  • Investor
  • Birmingham, AL
  • Posts 446
  • Votes 304

Thanks @Denise Evans !

OK I just called the state and was told that they are waiting for Jefferson County to verify  that  the property is a homestead . Shelly Tice said that she will contact the county again and that I should receive my price quote in about two weeks and that they send them out on Fridays. I am the first in line also.

Post: Six Units Before my 22nd Birthday - Goal of 100 by 27

Anastasia JordanPosted
  • Investor
  • Birmingham, AL
  • Posts 446
  • Votes 304

Congratulations!!!!

Post: Buying a tax lien property for personal use

Anastasia JordanPosted
  • Investor
  • Birmingham, AL
  • Posts 446
  • Votes 304

Im trying to do the same thing. It's been 3 months since I submitted my app to the state. Crossing my fingers that I get a quote this month. 

Post: What's a Decent Curfew for a Multifamily Property?

Anastasia JordanPosted
  • Investor
  • Birmingham, AL
  • Posts 446
  • Votes 304

Give grown folks who pay rent a curfew? Where they do that at?

Post: First Deal Gone wrong or bad PM?

Anastasia JordanPosted
  • Investor
  • Birmingham, AL
  • Posts 446
  • Votes 304

Stupid question:  I thought turnkey properties were rent-ready?  Why was it needing to be rehabbed and what all rehab was done?   Why can't the property be insured.

Post: In case ex owner of a tax deed property redem within 3 years

Anastasia JordanPosted
  • Investor
  • Birmingham, AL
  • Posts 446
  • Votes 304
Originally posted by @Andrew S.:
Originally posted by @Anastasia Jordan:

In Alabama you get the value of the improvements yourself & you are entitled to that pack.

Example: If the home needs painting and I steal some paint and paint it myself, that costs me $0, but has now increased the value of the home by $2500, they owe me $2500.

 That's interesting!  Is there a cap to this reimbursement?  If not, you can probably significantly lower the chances that the ex-owner can re-claim the property by doing a ton of rehab?  That seems to contradict the intent of the redeem rules?

 I'm not aware of any cap but the previous owner can challenge your valuations.  Sometimes it is not even worth it but in the OP case an $100k property.....yeah I could see them putting up a fight.  

Curious.....do you know why the previous owner just left the property?