Marc Gilbert

@CaseyMericle I tell them I am a property manager

Used to just tell people I work in real estate They kept asking me to sell their house Switched to telling people I do real estate deals My wife thinks that’s arrogant AF Any ideas 💡 on what to say?

@shawngorham Buy insurance on it. Win win.

Today I was offered my 1st subject too ever. House has great equity - owner terminally sick - family moving him out of state (close to family) BUT there is a tenant at will which will require an eviction Lots of risk with the tenant (damage) What to do…

@evanrosenfeld Been there. Done that. Godspeed!

May need to hire a CRE litigator 😱

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

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.

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.

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.

@realest8hodler @MarcSGilbert That’s the most frustrating part

@UnsuspendMarc @MarcSGilbert When I click your old profile it doesn’t appear to be suspended

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.

@LastOneBorn87 That’s where I play

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.

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

@UnsuspendMarc Once you get your real account back make this your profile picture. Much better.

@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.

If you’re buying a property w/ 20 years of a TIF remaining, are you valuing based on the PILOT or what Property Taxes should be?

@benrgallant I wouldn’t put it past him

@UnsuspendMarc Wait how do we know Jake didn’t get your original account taken down to pose as the fake you to sell meta real estate buying courses??

@ShlomoChopp @MarcSGilbert Life moves on

@UnsuspendMarc @MarcSGilbert Ridiculous

@Foulke_David @nw3 @Molson_Hart @MarcSGilbert Yessir

@UnsuspendMarc @nw3 @Molson_Hart @MarcSGilbert does this mean we can insult you on your real account and you won't find out

@nw3 @Molson_Hart @MarcSGilbert Still locked out

@UnsuspendMarc @Molson_Hart @MarcSGilbert Looks like you’re back tho! 🙏

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

@UnsuspendMarc @Molson_Hart @MarcSGilbert Damn you got canceled!

Moved on to the closing dinner.

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.