This the the 2nd and last part of an interview done by Clint Biesinger. This audio interview focuses on New Jersey tax liens.
Hope you enjoy it.
Joanne
It’s Wendnesday, July 1st and a couple of day’s ago I got back from Wendy Patton’s “Soft Market Investing Boot Camp.” I’ve been to a few real estate investing boot camps and seminars, but I was really impressed with Wendy. I’ll be telling you more about what I learned at the Soft Market Investing Boot Camp as I implement some of the tools and techniques that I learned about. And I’ll be sure to let you know about her next boot camp in November.
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Wendy has a great program for buying cash flow properties in Pontiac Michigan, right outside Detroit. This is an area of the country where rents are decent ($500 – $900), and homes are mostestly priced. Tune into this blog in the next few days to learn about how you can get a cash flow house in this area with everything already in place – including property management.
Happy and Prosperous Investing,
Joanne
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This interview was divided into two parts. It focuses on New Jersey tax liens
Be watching for Part 2 of this interview in the next podcast.
I got back yesterday from Gainville Georgia, where I went to coach my son Peter in his last school age championship. He did great and finished out his school age years in weightlifting with a personal record in the snatch, clean and jerk and total. He also set new school age records, won his weight class, and won the over all award for his age group. In addition to that he won the best male lifter award for the entire competition.
I just got back from Thailand last week where I made history as the first woman to be head coach for a USA Weightlifting mens team! I went to Thailand to coach the mens team for the First Youth World Championship. But I missed the Monroe county Judicial tax sale, which took place on May 20th. I did send my husband, Bill to cover the tax sale for me and find out how many properties sold and what they sold for. I wanted to see just what the trend was this year and I wanted to be able to pass that information along to you.
Here’s the information that he brought back to me from the sale. First of all, out of the 403 properties that were on the list, only 52 were taken off the list before the sale because they paid, went into bankruptcy, or were postponed. Out of the properties that were left a very large percentage did not sell at the sale. Only 100 properties sold. The most that was paid for a property was $160,000, but many properties were sold for the minimum bid. Only a handful of properties sold for over $10,000.
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