How to make money and or buy properties at the Indiana real estate tax sales!

3 06 2009

Lee’s Notes: This is another interview from Jon Zorer with Michael Keefe, a real estate investor near atlanta GA who specializes in buying and or investing in real estate via buying tax deeds or liens at real estate tax sales. 

Would you like to make high interest return or buy a property for pennies on the dollar? Michael Keefe talks about buying homes at tax sales. Each state varies on their returns, and timelines involved, but this is another highly creative way to get great returns on a real estate investment in Indianapolis or wherever.

The general principle is that you purchase the property at a tax sale. The owner has a certain amount of time to buy-back the property(1 year generally) with interest of around 10-25%. During this redemption period, you(as the investor) can’t really do anything with the property(put a tarp over a leaky roof maybe, but no renovations are recommended). If the owner doesn’t redeem, then you can file the appropriate paperwork(s) to get the deed in your(or your companies) name, and then that home in Indianapolis is all yours! This all depends on your local state laws regarding tax liens/deeds, but you get the picture. Definitely want to check with your local real estate attorney or another real estate investor to find out all the bonuses and pitfalls, but overall a great way to put your money to work for you!



Actions

Information

20 responses

2 05 2013
promo how can you make money

Make sure you follow their simple rules, otherwise you won’t get your money. Once Upon a Child buys gently-used children’s clothing, while Plato’s Closet buys teen and young adult clothing to resell. These numbers are boosted to six and 39, when using a jade merchant.

4 07 2013
property taxes

I was curious if you ever considered changing the structure of your site?
Its very well written; I love what youve got to say. But
maybe you could a little more in the way of content so people could connect with it better.
Youve got an awful lot of text for only having 1 or 2 pictures.
Maybe you could space it out better?

12 07 2013
maple kitchen cabinets

Hello, i think that i noticed you visited my blog so
i got here to return the prefer?.I am trying to to find things to enhance
my website!I guess its adequate to use some of your concepts!
!

16 07 2013
healthcare customer satisfaction

Link exchange is nothing else however it is simply placing the other person’s web site link on your page at suitable place and other person will also do same in support of you.

19 07 2013
rosacea home remedies

It’s going to be end of mine day, except before end I am reading this impressive piece of writing to increase my know-how.

19 07 2013
property letting edinburgh

I’ve learn some good stuff here. Certainly worth bookmarking for revisiting. I surprise how much effort you place to create the sort of wonderful informative web site.

22 07 2013
my company

Whoa! This blog looks just like my old one!

It’s on a completely different subject but it has pretty much the same page layout and design. Excellent choice of colors!

24 07 2013
wireless communications schools

We’re a group of volunteers and starting a new scheme in our community. Your web site offered us with valuable info to work on. You’ve
done an impressive job and our entire community will be thankful to you.

25 07 2013
short term lenders online

Hello, after reading this amazing post i am as well glad
to share my know-how here with colleagues.

25 07 2013
finance career

whoah this blog is great i really like studying your posts.
Stay up the good work! You already know, many individuals are
hunting round for this information, you can aid them greatly.

26 07 2013
security camera in delhi

I was recommended this web site through my cousin. I am now not sure whether or not this put up is
written by him as no one else understand such distinct about my difficulty.
You’re amazing! Thanks!

28 07 2013
trade show graphic

Do you mind if I quote a couple of your posts as long as I provide credit and
sources back to your site? My blog site is in the very same niche as yours and my
users would definitely benefit from a lot of the information you present here.
Please let me know if this ok with you. Regards!

30 07 2013
finances make sure

Its such as you learn my thoughts! You seem to understand so much about this,
such as you wrote the guide in it or something.
I think that you could do with some percent to pressure the message home a bit, but instead of that, that is great blog.
A fantastic read. I will definitely be back.

30 07 2013
kim chiu official twitter account

I read this article fully on the topic of the comparison of hottest and preceding technologies, it’s awesome article.

31 07 2013
car finance

Thank you for the good writeup. It in fact used to
be a amusement account it. Look advanced to far delivered agreeable
from you! By the way, how could we be in contact?

23 08 2013
scrapbooking die cut machines

I think the admin of this website is in fact working hard for his site, because here every material is quality
based stuff.

28 08 2013
thermal imaging services

Wow, that’s what I was searching for, what a material! present here at this web site,
thanks admin of this web site.

6 09 2013
home scents

This post will help the internet viewers for creating new website or
even a blog from start to end.

3 03 2014
Great Clips Hours

Excellent blog right here! Additionally your website so much up very fast!
What web host are you using? Can I am getting your associate
link to your host? I wish my web site loaded up as
quickly as yours lol

15 05 2014
car accident attorney Long Beach

This paragraph provides clear idea in favor of the new viewers of blogging, that actually how to do blogging
and site-building.

Leave a comment