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In many cases, tax liens are against seniors. Many seniors have paid off their homes but for variety of reasons, they over looked their property tax payments. Their homes were then put on the tax lien auction. Unfortunately seniors don't read coun...
0
Replies
0
Kudos
3917
Views
I do not. I would never say you cannot make money in tax liens. You need to understand the local laws before you get into this. You could lose money if you don't know. Also, you should do a lots of research before you jump in. I know so many onl...
1
Reply
1
Kudo
3967
Views
There is no such thing as income without risk. However, buying rental property at the right price could provide a good income stream. I have 6 rentals and it is doing well. Yes, I also invest in stock market for my retirement. I think rental inco...
0
Replies
2
Kudos
3980
Views
Hi, I can understand your situation. I myself have lived in Brookly/Queens for 25+ years. Just like yourself, I have never been good at driving. Instead of mostly renting, I did own a couple of houses at one point in Queens. However, I could not ...
2
Replies
1
Kudo
5417
Views
Good for you. I don't think it is a must to pay off all mortgages after you retire. As long as all payments are covered by your rental income, you could keep the mortgages and invest your free cash in better opportunities. I am in my early 50's. ...
0
Replies
0
Kudos
5566
Views
In many cases, tax liens are against seniors. Many seniors have paid off their homes but for variety of reasons, they over looked their property tax payments. Their homes were then put on the tax lien auction. Unfortunately seniors don't read coun...
0
Replies
0
Kudos
3917
Views
I do not. I would never say you cannot make money in tax liens. You need to understand the local laws before you get into this. You could lose money if you don't know. Also, you should do a lots of research before you jump in. I know so many onl...
1
Reply
1
Kudo
3967
Views
There is no such thing as income without risk. However, buying rental property at the right price could provide a good income stream. I have 6 rentals and it is doing well. Yes, I also invest in stock market for my retirement. I think rental inco...
0
Replies
2
Kudos
3980
Views
Hi, I can understand your situation. I myself have lived in Brookly/Queens for 25+ years. Just like yourself, I have never been good at driving. Instead of mostly renting, I did own a couple of houses at one point in Queens. However, I could not ...
2
Replies
1
Kudo
5417
Views
Good for you. I don't think it is a must to pay off all mortgages after you retire. As long as all payments are covered by your rental income, you could keep the mortgages and invest your free cash in better opportunities. I am in my early 50's. ...
0
Replies
0
Kudos
5566
Views
In many cases, tax liens are against seniors. Many seniors have paid off their homes but for variety of reasons, they over looked their property tax payments. Their homes were then put on the tax lien auction. Unfortunately seniors don't read coun...
0
Replies
0
Kudos
3917
Views
I do not. I would never say you cannot make money in tax liens. You need to understand the local laws before you get into this. You could lose money if you don't know. Also, you should do a lots of research before you jump in. I know so many onl...
1
Reply
1
Kudo
3967
Views
There is no such thing as income without risk. However, buying rental property at the right price could provide a good income stream. I have 6 rentals and it is doing well. Yes, I also invest in stock market for my retirement. I think rental inco...
0
Replies
2
Kudos
3980
Views
Hi, I can understand your situation. I myself have lived in Brookly/Queens for 25+ years. Just like yourself, I have never been good at driving. Instead of mostly renting, I did own a couple of houses at one point in Queens. However, I could not ...
2
Replies
1
Kudo
5417
Views
Good for you. I don't think it is a must to pay off all mortgages after you retire. As long as all payments are covered by your rental income, you could keep the mortgages and invest your free cash in better opportunities. I am in my early 50's. ...
0
Replies
0
Kudos
5566
Views
Public Statistics
| Date Registered | 10-10-2012 04:30 PM |
| Last Visited | |
| Total Messages Posted | 9 |
| Total Kudos Received | 4 |