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™ 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™ The concept of the Lease/Option is great. A renter signs a lease and also buys the option, the potential, to purchase the home. Tenants certainly do like the idea of being an owner. They are renting your home because they like it and the prospect of owning the home is […] . . .
Read More: Don’t option. Do a Non-Option Option. Post 171
Coach Mitch’s REFLECTIONS™ In hard times, people try harder When economic times are hard, we are all trying harder to be creative, to be flexible, to make something out of nothing, or to stretch the little we have into something that can be used. I was trying to rent a house. It’s one of […] . . .
Read More: When can creative real estate investing be too creative? 156
Coach Mitch’s REFLECTIONS™ Real Estate Investing (REI) Investing in real estate may seem a natural place to invest because we are all familiar with housing. After all, we live in a home, we understand many of the issues related to a home, and we know what makes a home desirable and not so desirable. […] . . .
Read More: How can I buy tax foreclosures? Post 152
Coach Mitch’s REFLECTIONS™ I am soooo happy with the reception that my students are giving to my new Tax Delinquent Property Investing manual and Coach Mitch’s “Ridiculously Simple System…” ™ . Last evening a newer student called to say that he “had read it (the manual) quite a lot. There’s a whole lot of golden nuggets […] . . .
Read More: I’m excited, and so are my students, about my new Tax Delinquent Property Investing manual. Post 3