All Forum Posts by: Kendall Morgan

The fact that you are literally trolling on a Bigger Pockets forum that was created specifically for members in ALL aspects of RE to share stories, ask for and give advice, etc.. Well, I'll just say, it really tells a lot about your character. I'm sure you can understand this was the LAST place I wanted to air my personal business out, my reputation means a lot to me, (clearly it's not too important to you) that's why I stated at the end of my post that I take full responsibility and I know I got myself in this situation. It's not a blame game, it's a fact that unfortunately in a lot of different ways I believe that the system is set up so that we will fail. However, I am educating myself now, & with the help of Bigger Pockets, I have received an overwhelming amount of support not only through this thread but also through direct contact. I'm actually surprised at how much I learned just by posting ONE thread. I'm also connecting with some really great people who I'm excited to possibly be doing business with in the future. So, contrary to your advice, my day actually turned out to be absolutely AMAZING.

Okay, wow... Where do I even start. Originally BP started as a place to help me expand my knowledge and further my career in REI. Now, I am reaching out for help regarding my OWN home.

In 2012 - I bought  my house for $60,000 cash in 32225 area in Jacksonville, FL. Being a single, and first time homeowner.. I was not aware that the initial homestead exemption that was on my property was from the previous owner and that I was supposed to re-apply after that year was over. My realtor, nor the title company informed me of any of this.. Nor was I ever informed of the procedure with paying property taxes. I guess I was just supposed to know these things, shame on public schooling for not actually teaching us these types of things that ACTUALLY matter in life. This is one of those, I-wish-I-knew-then-what-I-know-now type of situations. 

Fast forward to this year.. I've gotten into wholesaling.. I am a very fast learner, I am extremely creative, & I am very good with negotiations. With that being said, I got a HUGE deal under contract within just the first few weeks of starting my journey. However, because of probate, the deal will not be closing for several months. I have several other prospects,  but in this off-season, nobody wants to do any business until after the holidays.. And unfortunate for me, I don't have that much time.  

So, let me just get straight to the point. Upon doing some research on other properties, I searched my own house just for fun. Yeah, what I saw was not so fun. Apparently staying 2 years behind on property taxes is not okay. So 2 years ago, a bank picked up my taxes, paid them/held onto the certificate for 2 years & this year applied for a tax deed certificate. According to the Duval County Property Appraiser, my house will go up for auction as soon as January. I've gotten the run around as to an exact date. I've been told that I have to call in January to find out the date, but that it is probably  going to auction in early January. And because I never filed for homestead exemption, EVEN THOUGH this is the ONLY property that I own and I have clearly lived here the whole time, they say that by law they do not have to contact the home owner. Had it been homesteaded, they would have contacted me 2 years ago when it first happened. & now the only way to stop the process is to pay the full amount of the certificate which is $4,200. 

So, here is where I need help/advice..

Another thing public school did not teach me is the importance of credit..... So, I totally screwed my credit up before I even turned 20.. And so here I am at 28, feeling the repercussion. I have tried applying for loan after loan.. everyone is turning me down because of my credit score. My house is FREE AND CLEAR and the property value has nearly doubled so I can't understand why a credit union/bank/loan company would not want to give me a loan with my house as collateral.. but, that's not my field so, whatever! 

Now, I am considering trying for a hard money loan. I planned on renovating and selling my house in a few more years, but because of the circumstances, I am considering just doing it now so I do not lose my house over $4,200!!! 

If ANYONE can offer ANY advice... or refer anyone or ANYTHING. Please, no negative comments. I totally understand it is my responsibility & that I got myself in this situation.. I get that & don't need anyone bashing me.. Please.. I am a mother of 3, I worked very hard to get where I am now, unfortunately I just was not educated enough as a single, first time homeowner. 

Thanks in advanced... 

Welcome aboard Christopher!  I am also a fairly new wholesaler in Jacksonville. BP has been extremely helpful & has helped me make several great connections. There is an amazing plethora of informative articles, forums, tools etc. What are some approaches you've taken so far to jumpstart into wholesaling ? 

@Danielle Fattizzi I just downloaded it but I dont see REIA?

 Jacksonville is on FIRE in a ton of areas! Springfield,  San Marco and Riverside are unbelievable. And of course Jacksonville beach (my hometown) is skyrocketing! I've got a few really amazing deals in the making! 

Hello everyone! My name is Kendall, I am a 28 year old wife and mother of 3. My husband and are about 1 month into our venture in wholesaling and we are confident that we will crush the Jacksonville market!  We are still in the learning stages so any advice or tips PLEASE feel free! We have 2 amazing mentors out if Atlanta GA, but all the help is appreciated!  Thanks! 

Hey everyone! I'm a newbie wholesaler out of Jacksonville FL.  I am trying to decide which marketing methods walk be best. I'm not fond of yellow letters , but I do want to make some bandit  signs. Which brings me to ask..  Any ideas fo creative wording? 

Thanks in advance

I'm getting car magnets made! Have you heard of drop cards?

I was about to post with the same question!  Marketing is on my agenda for today and I'm not sure where to start..  Bandit signs and yellow letters seem a little overdone in the Jacksonville market..