taxsale
Bob Diamond
3Following9410Followers75.7KLikes
🏠 Real Estate 📈 Tax Sale Overages 💰 Surplus Funds
Videos
Liked
When investing in real estate, I use the 1% rule. This means that if monthly rents are 1% of the purchase price, the property is worth looking at and further analyzing. You need to stick to numbers and a formula.
Most rental properties that are listed with real estate agents are not good prices. They don’t make financial sense. When you see properties listed at prices that don’t make sense, consider making an offer at a price that makes sense to you. New investors make the mistake of just wanting a deal but the smartest investors spend time shopping and buy when the deal is right.
##realestate ##realestateinvesting ##realestateinvestingtips ##propertyvalue ##1percentrule ##cashflow ##rentalproperties ##investing ##realestate101
Most rental properties that are listed with real estate agents are not good prices. They don’t make financial sense. When you see properties listed at prices that don’t make sense, consider making an offer at a price that makes sense to you. New investors make the mistake of just wanting a deal but the smartest investors spend time shopping and buy when the deal is right.
##realestate ##realestateinvesting ##realestateinvestingtips ##propertyvalue ##1percentrule ##cashflow ##rentalproperties ##investing ##realestate101
Tax Deed Investing. When the property owner fails to pay the real estate taxes, the property can be auctioned off and bought by highest bidder. With tax deed investing, you can acquire properties, very cheap and turn them into cash flow.
You should always conduct thorough research into the properties at auctions. You want a list of properties that are available in your target area so that when the tax deed auction comes up, you are ready.
##taxdeed ##taxdeedinvesting ##taxdeedauction ##taxsale ##excessfunds ##realestate ##entrepreneur ##realestateinvesting ##moneytok
You should always conduct thorough research into the properties at auctions. You want a list of properties that are available in your target area so that when the tax deed auction comes up, you are ready.
##taxdeed ##taxdeedinvesting ##taxdeedauction ##taxsale ##excessfunds ##realestate ##entrepreneur ##realestateinvesting ##moneytok
What I like best about having my own business is getting my time back. When I was a lawyer working in law firms, I was out of the house at 7:30 in the morning and didn’t get back until 8 at night. Now, I get to spend a lot more time with my wife and family. I get to have a lunch & dinner with the kids and usually stop working around 5PM. Owning your business is terrific. Of course, it has its own stresses, but the benefits outweigh them tremendously.
##businessowner ##businessownertips ##smallbusiness ##businessmoney ##successfulbusiness ##entrepreneur ##businesstiktok ##moneytok
##businessowner ##businessownertips ##smallbusiness ##businessmoney ##successfulbusiness ##entrepreneur ##businesstiktok ##moneytok
Knowledge and research are the keys to being successful with your tax deed investing. You want to research your property very thoroughly. Search for factors that will impact the property value. For example, location makes a difference. One property might send the kids to a really nice school, and one block away, another property might send their kids to a really bad school. This makes a huge difference in property value.
You also want to get advice from real estate professionals. Get advice from real estate agents, or brokers, experienced attorneys, and experienced tax deed investors. They can provide valuable insight and guidance with your investing journey.
Be prepared for the challenges with Real Estate Investing. Every investment has risk and you must mitigate that risk. Stay plugged into the market and develop a well thought out plan.
#taxdeed #taxsale #realestate
#realestateinvesting #propertyvalue #investments
#excessfunds #entrepreneur #realestatetips
You also want to get advice from real estate professionals. Get advice from real estate agents, or brokers, experienced attorneys, and experienced tax deed investors. They can provide valuable insight and guidance with your investing journey.
Be prepared for the challenges with Real Estate Investing. Every investment has risk and you must mitigate that risk. Stay plugged into the market and develop a well thought out plan.
#taxdeed #taxsale #realestate
#realestateinvesting #propertyvalue #investments
#excessfunds #entrepreneur #realestatetips
How do you transform a tax deed sale into a profitable investment? First, make a plan. Determine what kind of property this will be. Is this a fixer & flip? Rental? Maybe this is your next home.
Next, you have to assess the value of the property. You will most likely need renovations. This will increase the value of the house and make it more attractive. Enhancements, the location, condition, the housing market are all factors to consider when attracting tenants. Don’t forget about wholesale too. Plenty of investors for that.
#ta#taxdeed e#realestate i#fixandflip e#rentalproperty e#realestatemarket h#wholesalerealestate n#entrepreneur o#moneytok u#businesstiktok
Next, you have to assess the value of the property. You will most likely need renovations. This will increase the value of the house and make it more attractive. Enhancements, the location, condition, the housing market are all factors to consider when attracting tenants. Don’t forget about wholesale too. Plenty of investors for that.
#ta#taxdeed e#realestate i#fixandflip e#rentalproperty e#realestatemarket h#wholesalerealestate n#entrepreneur o#moneytok u#businesstiktok
Don’t try to take on the IRS. File your taxes honestly in accurate. Do you want to have a good representation and avoid making mistakes on our tax returns.
Last month I received a letter from the state of Pennsylvania saying I owed $65,000. I was surprised by that because I don’t live in Pennsylvania. My CPA made a mistake & entered my information on the wrong line. That caused Pennsylvania to think I owe them money for taxes. I got my issue resolved and had no tax bill. Get good representation.
#t#taxes i#irs f#fileyourtaxes t#taxattorney c#cpa t#taxreturn t#taxesfordummies t#taxreturns t#taxesdone
Last month I received a letter from the state of Pennsylvania saying I owed $65,000. I was surprised by that because I don’t live in Pennsylvania. My CPA made a mistake & entered my information on the wrong line. That caused Pennsylvania to think I owe them money for taxes. I got my issue resolved and had no tax bill. Get good representation.
#t#taxes i#irs f#fileyourtaxes t#taxattorney c#cpa t#taxreturn t#taxesfordummies t#taxreturns t#taxesdone
The real place to make money in real estate is the area that people want to live in and work. This is how to have a successful and profitable business with long term wealth. The ghettos always look like they have great cashflow on paper, but rarely is that true in reality. They have a lot of costs and end up taking all the profit. They are not a good investment and do not create a pathway for long term wealth.
#realestate #realestateinvestingtips #realestatetips
#housingmarket #investments #realestateinvestments
#entrepreneur #realestatetok #realestatemarket
#realestate #realestateinvestingtips #realestatetips
#housingmarket #investments #realestateinvestments
#entrepreneur #realestatetok #realestatemarket
Warren Buffett sold $13 billion worth of stocks. At this point, he’s accumulated over $100 billion of cash. Berkshire is following his footsteps and sells over $13 billion worth of stocks. They added $2 billion to their cash total which is now $136 billion.
But Warren Buffett only bought $2.9 billion in new stocks - what does this mean? Warren Buffett is getting ready for the buying opportunity that’s going to come from this recession. If we can mimic what he does, we can prepare ourselves to be ready to buy when the time is right. Be patient and be ready.
#w#warrenbuffet s#stockmarket i#investing r#realassets f#foreclosures f#financialcrisis e#economy f#finance f#fintok
But Warren Buffett only bought $2.9 billion in new stocks - what does this mean? Warren Buffett is getting ready for the buying opportunity that’s going to come from this recession. If we can mimic what he does, we can prepare ourselves to be ready to buy when the time is right. Be patient and be ready.
#w#warrenbuffet s#stockmarket i#investing r#realassets f#foreclosures f#financialcrisis e#economy f#finance f#fintok
![It’s super easy to find properties up for tax deed auction. We do a Google search for “[insert county] tax deed sales” look for the county office link. They will have the most updated information and the info is all free. On the county website, there is a link “list of sale properties” click that. Search through the listings, you can see the pictures of the properties. Once you find one, you want to cross reference it on Google maps to check the condition of the house. We can see the latest photos and determine if it’s worth pursuing. #taxsale #excessfund #surplusfund #makemoney2023 #makemoneyfromhome #makemoneyonline #entrepreneur #moneytok #businesstiktok created by Bob Diamond with Bob Diamond's original sound](https://p16-sign.tiktokcdn-us.com/tos-useast5-p-0068-tx/79fac23be4924cb5991cb8edb78d7f44_1685217888~tplv-r00ih4996s-1:480:480.jpeg?x-expires=1686038400&x-signature=7SMUhqw17VIlV%2F6LCp65J1JVMfA%3D)
It’s super easy to find properties up for tax deed auction. We do a Google search for “[insert county] tax deed sales” look for the county office link. They will have the most updated information and the info is all free.
On the county website, there is a link “list of sale properties” click that. Search through the listings, you can see the pictures of the properties.
Once you find one, you want to cross reference it on Google maps to check the condition of the house. We can see the latest photos and determine if it’s worth pursuing.
#taxsale #excessfund #surplusfund
#makemoney2023 #makemoneyfromhome #makemoneyonline
#entrepreneur #moneytok #businesstiktok
On the county website, there is a link “list of sale properties” click that. Search through the listings, you can see the pictures of the properties.
Once you find one, you want to cross reference it on Google maps to check the condition of the house. We can see the latest photos and determine if it’s worth pursuing.
#taxsale #excessfund #surplusfund
#makemoney2023 #makemoneyfromhome #makemoneyonline
#entrepreneur #moneytok #businesstiktok
It is national mental health awareness month. I remember when I lost my mother, whom I was very close to. It really took a toll on my mental health. I was becoming distant, started to drift, and just wasn’t myself. A couple of things that helped me during this time were: a Bible and human connection.
For me, it was easy to devote myself to reading the Bible three times a day. It helped build my confidence, feel better by myself, and move in a direction again.
A non-secular thing you can do is go out and be with people. That might mean going to the park and chatting with random people. Or, just doing what you’re interested in and surrounding yourself with people. Your life will greatly improve by just being with them.
##mentalhealthawareness ##mentalhealth ##mindset ##positivity ##positivethinking ##surroundyourselfwithgoodpeople ##griefandloss ##bible ##humanconnection
For me, it was easy to devote myself to reading the Bible three times a day. It helped build my confidence, feel better by myself, and move in a direction again.
A non-secular thing you can do is go out and be with people. That might mean going to the park and chatting with random people. Or, just doing what you’re interested in and surrounding yourself with people. Your life will greatly improve by just being with them.
##mentalhealthawareness ##mentalhealth ##mindset ##positivity ##positivethinking ##surroundyourselfwithgoodpeople ##griefandloss ##bible ##humanconnection
If you want a profitable and successful business, ask yourself, what unique thing do you know how to do that other people don’t.
Zig Ziglar once said, “the way to get what you want is to help other people get what they want.” But it’s missing something. If you want to have success, specialized knowledge is key. In business, you want to deliver something that will benefit your customer AND is some thing they don’t know how to do. Thus, they will pay you handsomely so they can get that huge benefit.
##businesstips ##success ##successmindset ##moneytok ##specialist ##learnaskill ##entrepreneur ##smallbusiness ##businesstiktok
Zig Ziglar once said, “the way to get what you want is to help other people get what they want.” But it’s missing something. If you want to have success, specialized knowledge is key. In business, you want to deliver something that will benefit your customer AND is some thing they don’t know how to do. Thus, they will pay you handsomely so they can get that huge benefit.
##businesstips ##success ##successmindset ##moneytok ##specialist ##learnaskill ##entrepreneur ##smallbusiness ##businesstiktok
Owning a family business has its pros and cons. Before you hire any family member, remember it’s almost impossible to fire them. You only want to bring on family members if they provide value and can stand on their own. If you start making a little bit of money, and then one partner starts to do less work, that’s not going to fly with the partner that’s working 7 days a week. Continue to learn. Continue to educate yourself. Continue to provide value.
##familybusiness ##realestateinvesting ##realestate ##investments ##taxsale ##excessfunds ##entrepreneur ##businesstiktok ##moneytok
##familybusiness ##realestateinvesting ##realestate ##investments ##taxsale ##excessfunds ##entrepreneur ##businesstiktok ##moneytok
When mortgage rates go up, house prices go down. But with higher mortgage rates, less people can afford houses. Overtime you will see a decline in price but that’s because they buy on payment. They talk to a broker for a mortgage, the broker gives them what they can afford based on their income and current interest rates, and they make a choice. But when interest rates triple, there’s a huge decrease in the amount of money people can borrow. If you can wait to buy a house and you don’t have to sell yours, just wait. Have faith in markets, they eventually work.
##housingmarket ##mortgagerates ##interestrates ##realestate ##realestateinvesting ##realestatetips ##mortgage ##homebuyer ##investingtips
##housingmarket ##mortgagerates ##interestrates ##realestate ##realestateinvesting ##realestatetips ##mortgage ##homebuyer ##investingtips
These three traits separate highly successful people from everyone else at work:
1. Optimism (self-confidence)
2. Emotional Intelligence (working with people)
3. Perseverance (work hard)
I go in depth for each of these traits and explain how they make a difference. Continue to work hard and stick to your hustle. Don’t change directions when things get tough. You will lose all your momentum.
##success ##successmindset ##selfconfidence ##workhard ##successmotivation ##emotionalintelligence ##entrepreneur ##persevere ##overcomeobstacles
1. Optimism (self-confidence)
2. Emotional Intelligence (working with people)
3. Perseverance (work hard)
I go in depth for each of these traits and explain how they make a difference. Continue to work hard and stick to your hustle. Don’t change directions when things get tough. You will lose all your momentum.
##success ##successmindset ##selfconfidence ##workhard ##successmotivation ##emotionalintelligence ##entrepreneur ##persevere ##overcomeobstacles
A lot of new entrepreneurs make the mistake of abandoning their goals too soon. One day they want to be a house flipper, the next they want to be a trader. You have to stick to something and work hard. Become good at it first and then you’ll be successful. Not the other way around.
##workhard ##keepworking ##motivation ##successmotivation ##keepgoing ##sticktoit
##entrepreneur ##successmindset ##besuccessful
##workhard ##keepworking ##motivation ##successmotivation ##keepgoing ##sticktoit
##entrepreneur ##successmindset ##besuccessful
It’s a domino effect. One bank, collapses, and then another, and then another. You can’t trust anything right now. To keep your money safe you have to have your own side gig. A side income that earns you your own money. And then you also want to save your money outside of the reach of the government and banks. You don’t want your account to be seized.
##bankfailure ##bankruptcy ##silliconvalleybank ##personalfinance ##moneytok ##moneymanagement
##economy ##finance ##fintok
##bankfailure ##bankruptcy ##silliconvalleybank ##personalfinance ##moneytok ##moneymanagement
##economy ##finance ##fintok