OVERVIEW
In May, 2006, after 15 years of managing our own portfolio of property tax liens, Optimum Realty Corporation started providing tax lien acquisition and servicing to institutional investors. In November, 2007 we expanded the program to include high net-worth individuals, investing through their own limited liability company, family trust, or corporation. If you are an institutional investor or an individual investor with the capability to invest $1 million or more in tax liens on a long-term basis, we are available to help you acquire a portfolio of tax liens and then manage that portfolio for you on a fee basis. Liens may be on property located anywhere in the USA of any type: residential, commercial, industrial, and raw land. Interest rates may vary, but are typically 18%. Closings are handled through an attorney- buyers do not send funds to us. Liens are held in the name of the buyer- we never have access to your redemption proceeds, which are deposited directly into your bank account.
 | FEES: We charge a 1% acquisition fee and an annual servicing fee of 1% of assets under management, billed quarterly. The acquisition fee includes basic due diligence on the liens, with the emphasis on the larger properties. Clients are responsible for the legal fees, subsequent taxes, property listing fees, Realtor commissions, etc. The management fee includes directing your foreclosures through the entire process of obtaining a tax deed. |
| REPORTING: We provide daily reporting of redemptions and detailed monthly portfolio reporting. Customized reporting to suit your tax or accounting needs is available at no additional cost. |
| PROPERTY DISPOSAL: Optimum Realty Corporation operates taxdeed.com, the leading online seller of tax foreclosure real estate in the United States. When our servicing clients obtain tax deed properties through foreclosure on their tax liens managed by Optimum, we can usually dispose of their properties quickly using our online store. We do not collect any additional fees for property disposal- it is included in the portfolio servicing fee. |
| FOR MORE INFORMATION: Contact the President of Optimum Realty Corporation, Dan Friedman by email or call (630) 530-0766 ext. 3, Monday through Friday, 9 a.m. to 5 p.m. Central time. |
The portfolio mentioned here previously has been sold. We are currently researching various other portfolios in multiple states. For more information, contact us to request our standard Nondisclosure Agreement.
Click here to view a recent press release about hedge funds and tax liens.
