Posts Tagged ‘Banks’

Ideas for investment today (Feb 2009) if you have $50k in cash?

Saturday, March 6th, 2010

What are some ideas for investing if one has around K in cash today. Moderate risk tolerance - don’t want to loose it all. Time horizon of 3-5 years.

Rental income properties?
Tax liens?
Buying a franchise?
Local mom & pop business?
Stocks? Bonds?
What are some ideas for investing if one has around K in cash today. Moderate risk tolerance - don’t want to loose it all. Time horizon of 3-5 years.

Rental income properties?
Tax liens?
Buying a franchise?
Local mom & pop business?
Stocks? Bonds

———————-
Further clarification: I was hoping for ideas that don’t have anything to do with banks, brokerages houses etc.. Maybe more of business or trade or hands-on value addition and not necessarily hands-off investment.

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if I buy a tax deed peroperty and it goes into forcloure?

Thursday, November 5th, 2009

will i own ownership? not sure? isnt it the banks? and the agent will try to sell it? then what happens? do I get part of the cut? will I get the note? am I the new seller? or is it the bank still?
thanks.
only expereinced Tax Liens Experts! PLZ
5points

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Florida Tax Lien certificate not paid after 2 year redemption period?

Monday, August 17th, 2009

I purchased a Florida tax lien certificate in 2005…The redemption period ended after 2 years & it hasn’t been redeemed.I found out I have up to 7 years to foreclose but need to go to County Clerk pay 0 & file for foreclosure…and then it goes into a Tax deed sale. Before I do that… my question is, what is the chance of getting the property? Property has 2 mortgages…Do the banks come & outbid & win property at auction? Is there a secondary market whereby I can sell this tax lien certificate wihtout going to tax deed auction.If I was to foreclose & win at Tax deed auction will I be responsible for other debts from previous owner? What is best course of action? Thx

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