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All Forum Posts by: Carolyn Morales

Carolyn Morales has started 30 posts and replied 475 times.

Post: Tax deeds and surplus

Carolyn MoralesPosted
  • Investor
  • Jacksonville, FL
  • Posts 504
  • Votes 217

@Vladut Bujoreanu

if you mean how to pick land, my first land investment was in 1989. It just takes time learning what works. As far as that lot I let go back to auction. I have since learned the city planner was wrong and I didnt need a waiver after all. I will contact the new owner and let him know as the deed from 1977 has the easement. I have bought land locked parcels sold to neighbors also and made decent money. It's a research play you just really have to pay attention and dig all potentials.

Post: Tax deeds and surplus

Carolyn MoralesPosted
  • Investor
  • Jacksonville, FL
  • Posts 504
  • Votes 217
Originally posted by @Vladut Bujoreanu:

@Carolyn Morales - Are there any resources you used to help learn how to do this? 

I am not sure BP will allow this info to stay here. But it was a 30 min Audio book that was really cheap written by a lady that had worked most of her career in the Flagler County Tax Deed Office.  She put Florida Statute 197 on Tax Deed sales in an easy to understand audible format. I love that it is just the facts and there are no elusive upsells.

The book is called LOW RISK INVESTING WITH FLORIDA TAX CERTIFICATES. It touches on all aspects of the process. I learned this process on purpose when we had to give my 18 yr old little brother 26k out of a family probate rehab we did. I wanted to inspire him to invest it wisely. I listened many times to this audible and learned the term, "Lands Available List", where you can buy and own NO BID properties OTC 90 days after the sale date. I found my brother a 1st great tax deed OTC and he refused to buy it So I bought it for $7600.00, a vacant lot, with no Idea  I would sell it 8 months later for 65k after also doing a quiet title suit for $2300.00. I have been a freak ever since and have bought about 13 more all profitable.

Post: New to Jacksonville and REI

Carolyn MoralesPosted
  • Investor
  • Jacksonville, FL
  • Posts 504
  • Votes 217

Generally parts of 32206, 08, 09, 19 and 54 have larger inventories of cheaper properties but I do not recommend for out of area investors...local self managers are doing ok.Just my 2 cents. Unless you want to get in on the Opportunity Zone incentives.

Post: New to Jacksonville and REI

Carolyn MoralesPosted
  • Investor
  • Jacksonville, FL
  • Posts 504
  • Votes 217

Why are you picking those zip codes? 

Post: New here in Bigger Pockets! Looking for my 1st ever property!

Carolyn MoralesPosted
  • Investor
  • Jacksonville, FL
  • Posts 504
  • Votes 217

@Jean Santiago

I have been in Jax area since 1975 and I have 29 years USPS and am also an investor. Feel free to reach out for my intel. My inbox would be empty if I didnt know Jacksonville Florida intel.

Post: Jacksonville, Florida Market

Carolyn MoralesPosted
  • Investor
  • Jacksonville, FL
  • Posts 504
  • Votes 217

@Elioe Burgos Jr,

I didnt see this til now.

I MO there are always a ton of Tax deeds and foreclosures in Jacksonville due to the size of Jacksonville. It is huge, 30+ zip.codes. What other city has that many zipcodes?

@Mark Fries, I have that LA list narrowed down to 38 Viable houses still. But I usually do not buy houses as tax deeds. I buy land as tax deeds. I see the LA list fluctuates between 400 and over 700 properties big.

Post: Contractor Recommendations for a total rehab

Carolyn MoralesPosted
  • Investor
  • Jacksonville, FL
  • Posts 504
  • Votes 217

It is hard to answer without seeing. And you can play hit and miss with contractors. I would find one to oversee the whole thing  that is licensed. But get him from colleague references. @Mark Fries may have some references or suggestions. I mainly buy land from the post auction list. Other than that we buy bank owned or short sale primaries to live in rehab and later rent. 5x over now....with land and tax deed land mostly on the side as investments.

Post: Where to Find Eviction Cases on County Websites

Carolyn MoralesPosted
  • Investor
  • Jacksonville, FL
  • Posts 504
  • Votes 217

They are recorded as JUDGMENTS in Duval County Florida so you would be finding a ton of other stuff just searching Judgments. Maybe there is a way to further break the search down in Oncore public records. cant post the link or this thread will be deleted likely

Post: Tax deeds and surplus

Carolyn MoralesPosted
  • Investor
  • Jacksonville, FL
  • Posts 504
  • Votes 217

@Robert Dobbs I have a history with land beyond the tax deed subject so I do know what to look for. I am in the largest County so there were over 700 otc deeds available. And that list remains. I have all the links down pat for important research in the County I work in which is likely easy to guess. Other than that we buy bank owned or short sale primary residences and we live in rehab them to later rent. The latest is a 5 acre farm. We may 121 tax free exchange this at the 2nd year mark for a better farm primary residence, we have not decided yet. 

Have you let any go back to Auction? I also buy mature 2 year certs and apply for tax deed and win on no bid sometimes or earn 18% I also attend live County Tax deed sales local to me and apply for tax deed sale as a cert holder there as well.

Post: Modular Homes in Jacksonville FL BRRR

Carolyn MoralesPosted
  • Investor
  • Jacksonville, FL
  • Posts 504
  • Votes 217

I cant believe you have a house called a modular. I have one that was considered a modular on 1.39 acres then Duval said they took away that category and are now calling money a MH there is nothing mobile about it