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  • Profile photo of MaxTayMaxTay
    Member
    @maxtay
    Join Date: 2010
    Post Count: 4

    Hi Judith,

    For me in Singapore, do you think it is advisable for me to invest in tax liens? :)

    if yes, there is the Tax Lien Foreclosure Buying System on Thomas website, is it advisable to purchase or go for his seminar?

    Profile photo of MaxTayMaxTay
    Member
    @maxtay
    Join Date: 2010
    Post Count: 4

    Hi Judith,

    Would you mind share your own experiences in investing into Tax Liens please? :)

    Like for example did you do it online or have you attended the auction? Which do you prefer – online or attend the auction? and why?

    Profile photo of MaxTayMaxTay
    Member
    @maxtay
    Join Date: 2010
    Post Count: 4

    So i guess you did open a bank account by travelling to States?

    How long does it take to set up LLC and the bank account?

    ActToday wrote:
    It is by far the best idea to go to the States to open an account.  You can then open with a large reputable bank like Wells Fargo, Bank of America, Wachovia (part of Wells Fargo)   These usually have smaller fees and more services.  To start getting a credit rating I have deposited funds into a term deposit as security, borrowed a similar amount which is being paid off over six months.  I have also obtained a credit card of sorts.  It is a fairly new product and will also help with a credit score.  My Bank Manager is sure that I'll qualify for a loan in six months.  I also own outright four properties in Florida.  Before opening a bank account, set up your LLC so the account is in the correct name.   Don't even think about buying a property in your private name.  You are investors who act professionally with all things in place.  Right!!
    Profile photo of MaxTayMaxTay
    Member
    @maxtay
    Join Date: 2010
    Post Count: 4

    Hi Judith,

    Which course have u attended? and where are you located? :)

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