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Flipping properties that have liens from City and County violations

 

When a property is abandoned by the homeowner, in many cases, there are violations that City and County inspectors will report and those violations will turn into fines that lien on the property. Tall grass, if there are broken windows, or if the homeowner left piles of trash and furniture on the lawn are a few examples of violations that turn into daily fines. We have seen properties with over $800,000 in liens from violations accruing over years. In this episode Ryan will teach you how to negotiate these fines down to amounts that you the investor can still purchase the property and flip or rehab for a profit.