Coach Mitch’s REFLECTIONS™ I recently had a great conversation with an Army Sergeant, parts of which I will relate, with her permission. This Army Sergeant has gotten several real estate investing programs and has been studying real estate investing for a while, but she has not pulled the trigger. This conversation illustrates part of […] . . .
Read More: What Does It Take To Be A Successful Real Estate Investor? Post 227
Editor’s Note: Harry Dent is a long time, well-respected financial researcher. He recently sent out a sales letter for his newsletter. The original article is fairly long, but I’ve taken what I think is the essence of the message and offered it to you. I then make my own recommendations. If history has taught us […] . . .
Read More: Coach Mitch says, “Sell, Sell, Sell” Post 226
Coach Mitch’s REFLECTIONS™ Editor’s Note: The government has done it again; it has created a serious government property tax mess. This article illustrates the crassness and silliness of governments’ thinking, i.e. that government is the be all and end all; that it can manipulate the circumstances to achieve anything it wants and anything that you get […] . . .
Read More: A Serious Government Property Tax Mess. Post 225
Coach Mitch’s REFLECTIONS™ Editor’s Note: The other day I got a good question from a wannabe real estate investor. I always try to help. It is especially important to help those who have tried something and didn’t get the results that they had hoped for. Most don’t try at all, some try once, and if […] . . .
Read More: Wannabe real estate investor asks a good question. Post 224
Coach Mitch’s REFLECTIONS™ In order to satisfy a seller, I was asked by a student how to put together a transaction when the tax delinquent owner wants to stay in the home. The typical property I encourage students to seek are those properties with no liens or small liens, i.e. mortgages, judgements, etc. In this manner, […] . . .
Read More: Satisfy the seller #1. Post 223
Coach Mitch’s REFLECTIONS™ Editor’s Note: I speak with quite a few REI wannabe’s who would love nothing better than to be successful real estate investors. They see a real estate related TV program or listen to a REI guru’s presentation and see themselves doing the same thing, that is to say: find a great deal […] . . .
Read More: Decide to Overcome Fear and Do Real Estate Investing. Post 222
Coach Mitch’s REFLECTIONS™ In every subject, business or endeavor, there are varying levels of information, levels of expertise, levels of creativity, and levels of accomplishment. I will loosely label them as Good, Better and Best. I will explain why I think that tax lien and tax deed investing is the BEST of the BEST! When […] . . .
Read More: Tax Lien and Tax Deed Investing versus a J.O.B. = Just Over Broke Post 221
Coach Mitch’s REFLECTIONS™ In a recent forum discussion within MrLandlord.com the topic was: Who won’t you rent to… ? Question: Other than the obvious (can’t afford, eviction history) are there any groups/career fields you won’t rent to? And why? There were lots of answers, here’s a list. 1. Property manager 2. Military 3. Parents of […] . . .
Read More: To do rentals or to not do rentals, that is the question? Post 220
Coach Mitch’s REFLECTIONS™ Editor’s Note Recently, a new student got his first property. He got his list, mailed a few letters and one response he got back was from a desperate seller just prior to the tax auction. This highly motivated tax delinquent seller said, “Just take the property.” The student gave her $1 for […] . . .
Read More: Coach Mitch’s Lease/Option with Rehab. Post 219
Coach Mitch’s REFLECTIONS™ On a landlording site an interesting question got a lot of response. The Question What is your policy toward on time rental payment? Do you have a Zero Tolerance, ZT, for late rental payments, or do you work with the tenants and their situation? To be Late Payment Tolerant or Not […] . . .
Read More: What is your late payment rental policy? Post 218