Is there anyone out there that has used the johnbeck free and clear realestate techniques?
Has anyone bought and signed up with the johnbeck free and clear realestate program and if so, how much time and money did you send, and have you made any money with the program?
I have not bought the program. It does sound very simple on TV, but the rules in your state may make the process more complicated than it is in other states. In my state (Indiana) you can buy the tax lien at the time of the sale, but the owner has 13 months to redeem the property. During that 13 months you do not own the property and thus cannot enter it, or you will be tress passing. If the property is redeemed, the owner must pay you 10% interest. If it is not, then you must "quiet title" in order to then own it.
Most properties (90%) sold at tax sales are vacant land and are not the pretty houses you see on TV. The process is a lot of work and takes a lot of time, but if you can find a 73K house for $500 bucks….its worth it.
Happy hunting