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All Forum Posts by: Brandy Orner

Brandy Orner has started 1 posts and replied 15 times.

Originally posted by @Manolo D.:

That bill simply increases the existing program. MASH has a 54M currently, that bill increases it to 100M.

http://www.gosolarcalifornia.ca.gov/documents/MASH_Handbook.pdf

 Great, thanks for the response and the link to more info! 

Originally posted by @Manolo D.:

Brandy Orner I am interested to know more about your education, I am looking for REOs but maybe a tax foreclosure could work also. Anything that is really beat up is fine with me.

 Absolutely, I'm back in the US on Monday, I'd be happy to connect with you and bounce some ideas around about the market. Should I connect with you on BP or connect via phone? 

~Brandy

Hi all, 

I was just reviewing the LA Times article introducing all the law changes in California for 2016. 

This Bill (AB 693) allowing the state to offer incentives for solar panel installation on low income apartment buildings is interesting:   https://leginfo.legislature.ca.gov/faces/billTextC... 

Can anyone provide any insight to the bureaucratic obstacle course we might look forward to if considering this as an option?

Cheers, 

Brandy O

California Tax Foreclosure Specialist

Post: New Meetup in San Diego - Feeler

Brandy OrnerPosted
  • San Diego, CA
  • Posts 15
  • Votes 9

You can set up your keyword alerts to notify you whenever your keywords are mentioned. Go to MENU-->ALERTS-->MANAGE ALERTS and enter "San Diego Meetup" or whatever keywords you're interested in.

-Alex N.

 Thanks @Alex N and @Kevin Fox

I look forward to catching up with you both somewhere out there! 

Post: New Meetup in San Diego - Feeler

Brandy OrnerPosted
  • San Diego, CA
  • Posts 15
  • Votes 9

Dang it! I'm out of the country until the 23rd. I'm absolutely interested in the next meetup and connecting with other investors from San Diego! 

I'm new-ish to BP, is there an easy way to stay in the loop for the next planned event? 

Thanks! 

~Brandy

Post: Have a police to view vacant home in rough area?

Brandy OrnerPosted
  • San Diego, CA
  • Posts 15
  • Votes 9
Originally posted by @Chad K.:

Has anyone ever used a police or any type of security to view a vacant home In a rough neighborhood? Since in most vacant homes there may be squatters or other trespassing individuals

I haven't called police or security to come with me. I have, however, phoned the police non-emergency number, advised them I'm looking at an investment property in X neighborhood or near X cross streets that I'm about to attend alone and asked if there has been any recent violent criminal activity I should be concerned about. Most I've spoken to in that situation are happy to help.  

Good Luck! 

Post: Are Tax Deed Sales Lucrative?

Brandy OrnerPosted
  • San Diego, CA
  • Posts 15
  • Votes 9
Originally posted by @Alex N.:

Wow this is a really interesting topic.  Thanks to all who took the time to contribute, super informative!

So @Brandy Orner, at the expense of showing how "green" I am to REI, when your talking about AP what exactly does that mean?

Also, in your expert opinion would you recommend tax deed sales for new investors in CA, specifically the San Diego area?

-Alex N.

 @alex nombrano

It looks like your AP question has been addressed. 

The San Diego market is investor saturated! It's quite literally a zoo and most times the few valuable properties that end up remaining on list on auction day are bid up to full retail value or higher. Too many investors and not enough product to be worth the work to go to the auction. Also, there are a LOT of distressed property investors in the area using the tax deed list in San Diego as their working list of homeowners to seek out, all hoping to strike a deal with the homeowner prior to the auction. Further reducing the product available at auction. 

If you're interested in Tax Deeds, California is a great market. However, I would recommend you stick to cities that are not featured on a popular television show. (Past or Present) 

Good Luck! 

Post: Are Tax Deed Sales Lucrative?

Brandy OrnerPosted
  • San Diego, CA
  • Posts 15
  • Votes 9

@Rick H.

Thank you kind sir. 

No AP deals as an investor, not that I'm opposed. 

I travel so much between time with students, research time and travelling between auctions I'm only in San Diego a few weeks a year. Probably not back there til mid spring unless duty calls me back earlier. At this point in my journey, living out of suit cases is awesome! 

However, I'd love an introduction to Ward and Bil. 

Post: Are Tax Deed Sales Lucrative?

Brandy OrnerPosted
  • San Diego, CA
  • Posts 15
  • Votes 9

Thank you for your input David, I too have several decades in title, at least a few. Perhaps you're a bit more 'seasoned' than I. I've been investing since 1997, I worked in title a decade before I opened my own title insurance and escrow company, I personally trained my staff including examiners, developed continuing education courses for real estate agents blah blah blah, Let's say I could toot my own horn. 

I've had previous occupants rip the irrigation system out of the back yard leaving trenches. I've had tenants steal ALL the copper plumbing - through the walls. I've cleaned up after the hoarders. I've been greeted at the door of a new Tax Deed purchase by a highly irritated gentleman carrying a shotgun. 

My point is, there are awesome, entertaining and painful horror stories out there on all ends of the investor spectrum. Yours with six unrecorded deeds sounds like a good one! With this type of investing there will always be the the potential for unseen issues to pop up like the deed recorded in the wrong county. How could the investor have done anything differently prior to the auction to have avoided that situation? He couldn't. 

There are also great success stories and creative considerations for many situations. In California, barring any unforseen chain of title issues, Tax Deeds are fully insurable after the one year statute of limitations for the sale to be overturned is expired. 

Bottom line - I think it's possible that you and I absolutely agree on one very important point. Know your product, allow for surprises and due diligence is imperative.

Cheers to you. It's great to have veteran title experts in BP.   

Post: Tax deed sale advice

Brandy OrnerPosted
  • San Diego, CA
  • Posts 15
  • Votes 9

Well Frank, 

How did it go? Did you participate in Sacramento last year?