All Forum Posts by: Arthur Neves

@Wayne Brooks you hit the core of my question. 5% in a few months is a very good return for some. Including me.

However it is very low that you need to scale massively. And that’s what I want to get advice on.

From my experience, I always got the certificate paid after a few months. But indeed that it is not the truth. What is the percentage of certificates that get paid after 1 or 2 years? Anyone has that data?

Thanks everyone. Just want to update here after some months. We rented 95% of the units, raised rent a few times during the process too.

Very great final product we have now.

Thanks

What is in mind is not just about the method but what tool makes payment very hard to miss.

For instance, my cellphone bill is on auto pay, I will never miss it. Verizon gives me a discount if I leave on autopay

Is there any tool that the tenants can leave on auto pay? And that the landlord can either give them a discount if it is on auto pay?

Thanks

This tax liens cycle, in Florida, I am considering giving bids on 1k+ properties tax liens certificate. Anyone done it here before and have advices to share?

For the past 2 years I purchased some certificates, very low scale, about 1 per county.

From my experience, every 30 bids I get one certificate. However you usually get the certificates worth $600ish. Which 5% on that is nearly nothing.

I figure that for one to make some money you need massive scale purchasing certificates.

Some napkin math: if I aim to make $3k this cycle I need need to buy about 100 of the $600 certificates, which means I need to bid on at least 3000 certificates.

Is this what people do to make money on tax liens? Any advices one can share here?

Thanks

I was wondering, how a real estate agent keep up with their old leds. I see my agent keep sending some random newsletters that mostly don’t add value. Although I still remember her, because she is in my inbox ever 3 months or so. Then if I were to list I would probably call her and not the other in my region.

How are you, agent, making sure you get those re-listings? Or is this just a small market that it is better going after new leds instead?

Thoughts ?

To me there is no real answer as it is a combination.

I like the argument for REI as to have more control, with that I wonder who are the LP syndication investors out there. Because those will loose control and not learn with mistakes.

So I wonder if investors actually would like to invest passively in REI instead of stocks

@Johnson Best let me know if you don’t want to take the work and want to sell them instead

Go Memphis.

38127 is the place to invest IMO. Risky but lots of return

My insurance providers don’t do business in TN.

Any insurance company to insure MF in Memphis?

@Drake Holt we are seeing some good opportunities at 38127, which is a upcoming neighborhood IMO, and have seen some investment happening there. Including Amazon and Nike big plants being there.