Coach Mitch’s REFLECTIONS™ [Editor’s Note: Coach Mitch agrees with Bill Cosby.] ******************** Life isn’t tied with a bow, but it’s still a gift. And life isn’t fair, but it’s good!! I’m 83. Except for brief period in the 50s when I was doing my National Service, I’ve worked hard since I was 17. Except […] . . .
Read More: Bill Cosby says: Take responsibility for your life. Coach Mitch agrees. Post 207
Coach Mitch’s REFLECTIONS™ [Editor’s Note] A student asks about structuring a promissory note. Coach Mitch, Hypothetical scenario, when a tax delinquent homeowner agrees to transfer the property’s responsibility to me, title included, how should a promissory note be structured? Should the amount of the note be the tax amount that has been paid by the […] . . .
Read More: Use notes to buy tax sale property. Post 206
(Editor’s note) This is a typical Notice announcing a tax auction Bonner County Daily Bee July 3, 2014 NOTICE OF TAX SALE Per Idaho Code §63-1005 (1) If real property on which there is a delinquency is not redeemed within three (3) years from the date of delinquency, the county tax collector of the county […] . . .
Read More: A fable: Government’s vision of property taxes. Post 205
Coach Mitch’s REFLECTIONS™ facebook March 29, 2014 Editor: This question was posted on facebook. Yes or No? In your opinion, is this onerous… You have paid $35 application fee for new apartment, and told you got the apartment. You agree on a move-in date, and you hire a mover. You show up to give […] . . .
Read More: Tax Delinquent Property Allows Landlords To Buy Cheap. Post 204
NorthJersey.com Friday January 24, 2014 PATERSON — A father and daughter are suing the city claiming they were sold more than $200,000 in worthless tax lien certificates for a non-existent property, homes on which taxes were never in arrears and a piece of land where a school is being built. “These liens should never have […] . . .
Read More: Caveat-Emptor: $200k in worthless government tax lien certificates. Post 203
Coach Mitch’s REFLECTIONS™ Affirmations are a great tool Any business is hard. There are many issues that we must overcome to be successful in a consistent way. Dealing with people who are behind in their property taxes takes a special talent. If you don’t think that you have all the talents necessary then one […] . . .
Read More: Affirmations make investing in tax liens and tax deeds a lot easier. Post 202
Coach Mitch’s REFLECTIONS™ Needing more clarity, a student recently asked me to quantify what he should be looking for to determine what a good tax delinquent property prospect was. I jotted down a few ideas. The biggest idea is that: Every criterion has its range of values, issues and concerns. A good lead takes […] . . .
Read More: Determining good tax delinquent property prospects. Post 201.
Coach Mitch’s REFLECTIONS™ The one thing I know for sure, beyond any speculation, is that, we still can make our fortune in America — if we do the right things, in the right way and at the right time. When you look around, the possibilities abound, for each of US. The most important thing to […] . . .
Read More: Coach Mitch is the Brad Pitt of Tax Delinquent Property investing. Post 200
SAFEGUARD Advisers Stock Market vs Real Estate Investing The article points out that most Wall Street bankers, brokers and financial planners are guilty of distorting reality, at best, and outright deceit, at worst, when comparing the performance of the stock market vs the housing market. False Comparison The numbers that are generally compared are stock […] . . .
Read More: Stocks vs. Real Estate – there is no comparison. Post 199
Coach Mitch’s REFLECTIONS™ Plan for tomorrow I’m prepping my house now for sale next spring. Nothing just happens. Everything takes planning. Emotional Appeals It is well known that first impressions have a significant impact on any sale. Think about it; when you first met your partner, you will recall your immediate attraction. It is […] . . .
Read More: Curb Appeal 101. Post 198