All Forum Posts by: Jon Finister

With that said, what options do we have to buy tax lien certificates in different states. I am based out of California. Would I be able to buy a tax lien certificate in Indiana?

Coming from someone who makes less than the national average income, in one of the most expensive places to live in the nation, house hacking either a duplex, tri, our quad is the technique that is taking most of my free time.

I understand that most people don't want to live anywhere near their tenants and possibly have families to take care of, but in my current position, buying a SFH at my current income would not only be impractical, it would close to impossible.

On the other hand, when I am in a position to utilize this technique in the right are, on a great piece of property, it takes that impossible goal, and turns it into a tough yet attainable goal. 

Like everybody has stated before, living with their tenants isn't ideal, but my goal is to achieve a sense of financial freedom, take control of my life and my expenses sooner than my siblings (I'm the youngest),and finally, build a business upon which I will be proud to claim as my own. 

If dealing with a broken toilet or two, or hearing some footsteps above my head are the small challenges I have to deal with to climb to the top of an everlasting empire, then I'll put some gloves on, and sleep with ear plugs in if I have to. 

For the rest of you, make sure you have your priorities straight, and your goals in line, and your life path will fall into alignment soon enough.

From what I understand about tax lien certificates in California is that California does not sell tax lien certificates. California is a tax deed state. 

I have been researching the laws regarding tax lien certificates in California and I am definitely hungry to learn more. 

I have also been trying to find the tax deed auctions in California, but it looks like each auction is handled by each county seperately. Am I correct in thinking this information?

I have been trying to compile the same list, and it looks like this is very comprehensive. My question for everybody is what order should all of this be done? 

In regards to due diligence is there a certain that you should perform each part of the list?

That is definitely an interesting question and I am curious about what the conclusion is going to be. Not to change the topic of the thread, but if you have trouble getting financed, then look into the Home Ready mortgage program. You can use the rent from the existing tenants as verified income which should help with financing. 

Reit's are actually the vessels with which I plan to use to save up for my first investment. I plan to put all of the funds I need in order to get started in real estate in a higher yielding reit and when I have enough to make my first purchase, I am going to liquidate the funds and buy my first property. I just heard about a new one called Rich Uncle. 

To be perfectly honest, it almost seems like most if not all the information that they may have compiled in one place can be found here. It does seem like a god idea to have it all in one course, which would help to expidite the process. 

I am going to watch their webinar tomorrow evening, which I am sure they are going to end with a pitch about buying their system, but I am going to watch it nevertheless. 

I will stay locked into this topic to post my thoughts and also look for updates if anybody has more information. 

One idea that might be worth a shot is teaming up with one more individual who would like to share the cost of the product, and also have joint access to the account. If anybody is interested in doing this, please send me a private message.

I have a friend that lives out in Austin. I hear alot of good things about Texas, and within the next year, my plan is to fund a few projects out that way. What experience do you have so far?

It seems like Cleveland is a really good area to invest in. What exactly do you guys look for when you are analyzing deal in that area?

I have been trying to figure out the exact same thing. I was just curious if I should get licensed as a real estate agent, or just work gaining knowledged, and try to use seasoned agents to make my goals happen?