Marc Gilbert

Tweeting here until they unsuspend me @marcsgilbert

[Marc Gilbert @UnsuspendMarc]

@CaseyMericle I tell them I am a property manager

[Marc Gilbert @UnsuspendMarc]

@shawngorham Buy insurance on it. Win win.

[Marc Gilbert @UnsuspendMarc]

@evanrosenfeld Been there. Done that. Godspeed!

[Marc Gilbert @UnsuspendMarc]

So my old account was restored. Going to save this as an alt account but I’m back tweeting from @MarcSGilbert

[Marc Gilbert @UnsuspendMarc]

While there are books written on this form of investing, many people are unaware of this route. But it’s a great way to invest semi-passively. It’s a win win. 18% if they pay, the property if they don’t.

[Marc Gilbert @UnsuspendMarc]

I promised a thread on tax liens. Here it is.

When a property owner doesn’t pay taxes, the municipality creates a lien on the property. But since the municipality needs to fund their budget they sell off these liens to private investors.

[Marc Gilbert @UnsuspendMarc]

The nice part about tax liens is that they are generally superior to any other lien on the property. Furthermore tax lien foreclosure is strict foreclosure. That means if you foreclose, there is no auction. You simply get title to the property.

[Marc Gilbert @UnsuspendMarc]

@realest8hodler @MarcSGilbert That’s the most frustrating part

[Marc Gilbert @UnsuspendMarc]

You may recall me as @marcsgilbert. Twitter suspended that account for no apparent reason. So I am going to tweet from here presuming nobody will every get around to resolving that. Come for the real estate, stay for the bad jokes.

[Marc Gilbert @UnsuspendMarc]

@LastOneBorn87 That’s where I play

[Marc Gilbert @UnsuspendMarc]

People asking if this is really me. Yes it is and I can prove it. This is the first thing I did when I opened this account.

[Marc Gilbert @UnsuspendMarc]

@EstateRanger Judging by Twitter support’s emails I don’t think that account is coming back.

[Marc Gilbert @UnsuspendMarc]

@somehotelguy What the taxes will be less the net present value of the tax abatement. I can spreadsheet it out for you if you DM me the numbers.

[Marc Gilbert @UnsuspendMarc]

@benrgallant I wouldn’t put it past him

[Marc Gilbert @UnsuspendMarc]

@ShlomoChopp @MarcSGilbert Life moves on

[Marc Gilbert @UnsuspendMarc]

@Foulke_David @nw3 @Molson_Hart @MarcSGilbert Yessir

[Marc Gilbert @UnsuspendMarc]

@nw3 @Molson_Hart @MarcSGilbert Still locked out

[Marc Gilbert @UnsuspendMarc]

@nw3 @Molson_Hart @MarcSGilbert Straight up. Don’t even know why.

[Marc Gilbert @UnsuspendMarc]

Moved on to the closing dinner.

[Marc Gilbert @UnsuspendMarc]

I’ve done many deals with funky structures and I’ve closed in weird places. Tonight’s deal is a straight swap of property closing at a rooftop bar in NYC.