Predictions –Investors back off tax liens. Post 129


Tax lien auction still leaves $2.6 million gap for Pasco

St Petersburg Times Florida   May 28,2009   By Jodie Tillman

It may have been a record,but it wasn’t the one that Pasco Tax Collector Mike Olson was hoping to set:More than $2.6 million in property taxes for 2008 remains unpaid after Tuesday’s tax certificate auction.

“It’s probably record-setting,”Olson said of the figure. “And that’s because of the economy.”

Investors,who pay . . .

Read More:Predictions –Investors back off tax liens. Post 129

Florida tax liens –Beware! Post 128


BARTOW | Friday is the last day to pay 2008 property taxes without incurring extra costs,according to Polk County Tax Collector Joe G. Tedder.

After June 1,tax certificates on the delinquent tax bills will go on sale,Tedder said.

Tax certificates are sold to aid local governments in recouping the tax money already budgeted but not yet received.

Tax certificates are liens that property owners must pay to settle their tax bills.

. . .

Read More:Florida tax liens –Beware! Post 128

The Government VS Joe Kaiser. Post 127


Foreclosure guru hit with $3.2 million penalty

seattlepi.com Thursday,May 7,2009   Levi Pulkkinen

“I’m the Tiger Woods of foreclosure rescue”accused man cries out.

To state lawyers,Joseph Kaiser is a swindler,preying on homeowners facing tax foreclosure who don’t know their options.

To one King County judge,he’s a purveyor dealing in “grossly unfair”rescue schemes. To another judge,he’s a debtor owning his hundreds of former clients millions . . .

Read More:The Government VS Joe Kaiser. Post 127

Landlording 202. Post 126


Coach Mitch’s REFLECTIONS™

 

Landlording

If you are going to be part of the real estate investing business,understand that you will be a landlord at some point.

Get over it

I know,I know. No one wants to be a landlord. Well,I’m sorry,but it comes with the real estate investing territory.

It might not hurt much

Imagine . . .

Read More:Landlording 202. Post 126

Commercial Paper may be the next shoe to drop. Post 125


Coach Mitch’s REFLECTIONS™

 

I will let this email speak for itself.  I did not edit the email.

Commercial Paper time bomb

Subject:The One Trillion Commercial Real Estate Time Bomb

From:cfo-newsletter@emailblitz.com

Date:Mon,May 4,2009 8:37 am

To:

————————-

The One Trillion Commercial Real Estate Time Bomb

data provided by Deutsche Bank  By:Zero Hedge

The unprecedented economic deterioration . . .

Read More:Commercial Paper may be the next shoe to drop. Post 125

Consider selling –NOW! Post 124


Coach Mitch’s REFLECTIONS™

 

The Recession Is Over!!

This is the headline coming from the talking heads at CNN,etc. A significant percentage of the nation’s media is very determined to do what it can to bolster President Obama’s agenda. To this end,they trumpet any small piece of good news. If there are several sets of what can be construed as good news, . . .

Read More:Consider selling –NOW! Post 124