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 Mitch Goldstein | Coach Mitch | February 28th, 2008Coach Mitch’s REFLECTIONSIn the real estate investing world we use quite a few acronym’s to help remind ourselves to do things in a proper manner. First and foremost, we must make sure that we understand the “numbers” regarding the property. If renting, this becomes crucial. One such acronym is IDEAL. I=Income D = Depreciation E = Equity . . . Read More: The IDEAL property investment. Post 78 Mitch Goldstein | Coach Mitch | February 20th, 2008Coach Mitch’s REFLECTIONSImagine being a county treasurerFact 1: These days much of the country is facing declining home prices. Fact 2: A large percentage of the counties budget’s come from property taxes. Fact 3: As home prices fall, homeowners will seek to have their property reassessed and try to pay lower property taxes. Fact 4: The County will generate fewer funds for . . . Read More: Property tax reassessments are going to reduce county income. Post 77 Mitch Goldstein | Coach Mitch | February 19th, 2008Elderly or disabled homeowners may defer property taxesCharles M. Shannon, Chief Appraiser Fannin County Appraisal District Feb 16, 2008 Texans aged 65 or older or who are disabled may postpone paying delinquent and current property taxes on their homes. They may take advantage of a tax option called “tax deferral” by signing an affidavit at the Fannin County Appraisal District office. “If the affidavit is on file, an older homeowner or . . . Mitch Goldstein | Coach Mitch | February 18th, 2008Coach Mitch’s REFLECTIONSMany are enamored with the idea of investing in property. I understand. I really like it myself. Besides being enormously profitable, it is a lot of fun. Raw LandAs an investment, I like single family houses the best, but a wisely chosen, well placed piece of raw land will get you a very nice profit. Best, . . . Read More: Tax delinquent property is key to finding cheap land. Post 75 Mitch Goldstein | Coach Mitch | February 16th, 2008Coach Mitch’s REFLECTIONSMy response to:Investment opportunity: Pima County’s delinquent property tax liens go up for saleInside Tucson Business February 08, 2008 It’s the stuff of which late-night TV infomercials are made: An investment opportunity where anyone can make money. Welcome to Pima County’s annual tax lien sale. On Wednesday (Feb. 13), The Daily Territorial will publish Pima County’s annual . . . Read More: Finally – A government official tells the truth about tax sales. Post 74 Part 2 Mitch Goldstein | Coach Mitch | February 8th, 2008Investment opportunity: Pima County’s delinquent property tax liens go up for saleInside Tucson Business February 08, 2008 It’s the stuff of which late-night TV infomercials are made: An investment opportunity where anyone can make money. Welcome to Pima County’s annual tax lien sale. On Wednesday (Feb. 13), The Daily Territorial will publish Pima County’s annual listings of properties whose tax liens are up for sale. There are a number of organizations . . . Read More: Finally – A government official who speaks the truth about tax sales. Post 73 Part 1 Mitch Goldstein | Coach Mitch | February 7th, 2008Coach Mitch’s REFLECTIONSKnow the risksIt is very important to know the tax collections law in the state and county in which you want to invest. If you do not take this precaution, then you do so at your own risk and eventually, at your expense. I try to not invest in tax liens. I often will not participate in tax . . . Read More: Tax delinquent investing mistakes you’ll make only once – because they are too costly. Post 72 |
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