Is doing business in tax-defaulted properties virtually possible without needing to look at the property?
Can you really do the analysis (once you learn how to do it) just from sitting in the comfort of your home office?
Simple answer. Yes!
If you are interested to know more about investing in tax-defaulted properties, watch this short video now.
Over 10 years ago, Jay Drexel discovered Tax Default Property Investing. Today he owns over 700 Tax Default Investments and buys a couple every single week from his home office.
These investments are in multiple states, they are making anywhere from 10% to 25% ROI. He’s a full-time investor and educator teaching students all over the country about how with the right education, technology, and coaching, you can invest safely and successfully in tax liens from the comfort of home.
For more valuable information click on this link and watch the complete episode: – https://youtu.be/rbrwXPwusDU “Tax-Defaulted Properties with Jay Drexel & Jay Conner”
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Jay Conner is a proven real estate investment leader. Without using his own money or credit, Jay maximizes creative methods to buy and sell properties with profits averaging $64,000 per deal.
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Jay Conner:
Can you really do this business 100% virtually from sitting at your desk without having to go out and look at properties? And I mean, can you really do the analysis once you learn how to do it from just sitting in your home office?
Jay Drexel:
Yes, that’s, what’s so awesome about it for me now is cause I used to be, you’d have to go to sales and there’s some areas that only do it that way, but if you want to be a virtual investor and invest consistently online every single week absolutely you can do it all from home, your due diligence, your research. And something’s a little different when you’re buying leads is remember we’re not buying the property, we’re buying the lien against it. So we don’t have to do the same type of proper due diligence you would when you’re purchasing a house, a duplex, whatever it may be. Now, if I’m buying the deed to the property, there’s going to be more research yet, but I can do that. Virtually I’ve bought properties in Florida through deed sales. I’d never stepped foot on way in Michigan also, or I never stepped foot on it, but I always get some boots on the ground.
So to speak somebody to go over and take pictures, we can give you different ways to do ii, but you can do everything a hundred percent virtual and then learning from an expert like you, you always have tons of different exit strategies, right? We can get them into finding great properties, finding great investments, and then working with an investor like you and getting the knowledge that you have. You can show them multiple exit strategies. Some people want to keep the properties for cashflow. Some people want to move into the properties and some people just want to do a quick flip or virtual flip, the last few properties that I’ve sold. I’ve never stepped foot on the property. And the communication I had with the investors that purchased it, most of it was online. It’s usually less than a five minute conversation and it just depends on how you acquire the property and how they want to purchase it. I’m a big fan of quick claim deeds in some states, because I can just put my hands up. I’m selling it to them. Very, very cheap, very inexpensively. So I’m able to walk away, make a decent profit, and then they still have a lot of meat on the bone to do they choose to do with the property also.
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