MSN.com 4/25/20 By MSN Money staff The best and worst states for taxes Where you live can make a big difference in how much you pay in taxes. States may use similar methods to fund their budgets — taxes on income, sales, property, fuel, alcohol, tobacco — but each does so its own way.There are […] . . .
Read More: Taxes too high? Add to your real estate investment income. Post 170
Coach Mitch’s REFLECTIONS™ From time to time the question of licensure comes up, particularly from new clients. For every state, the answer is the same. Sent: Wednesday, April 20, 2011 6:09 PM To: Coach Mitch Subject: Real Estate/Realtor Law Idaho Hi Mitchell, I looked this info below up today, it sounds like I […] . . .
Read More: You don’t need a real estate license to do Coach Mitch’s $1 Option. Post 169
Benefit To US Economy From Deadbeat Squatters: $50 Billion Per Year ZeroHedge.com 03/30/2011 by Tyler Durden About a year ago, Zero Hedge first floated the then apocryphal idea that the economy is receiving an implicit boost from the money “saved” by squatters: people who no longer pay their mortgage, but due to banks’ unwillingness to […] . . .
Read More: ‘Squatter’ rent masks regular rents. Flip tax delinquent properties. Post 168
Michigan County Treasurer Overruled In Refusal To Give City Right To Buy Tax-Foreclosed Lots At Cost REJournalOnline’s Tax Deeds Investment Newsletter April 8th, 2011 Richard F. Brzezinski wanted to get as much money out of each property tax foreclosure in his county as possible. Unfortunately, this brought him directly up against the his own city […] . . .
Read More: The county steals tax delinquent property – from itself. Post 167
Coach Mitch’s REFLECTIONS Not all systems are good. Think about this idea for a minute. How often do we give in to bad behavior that we know is not good, but we do it anyway. Our brain and persona are comfortable with our bad behavior. We have internalized (systematized) our bad habits until we […] . . .
Read More: Behavior – change your habits for the better. Post 166
HUD Facing $11 Million in Losses Thanks to Non-Compliant FHA Loans Bryon Ellis Real Estate Letter By Carole VanSickle March 10th 2011 In a recent review of more than 250 loans from 15 lenders, HUD’s Office of the Inspector General (OIG) determined that 49 percent of those loans were non-compliant with FHA guidelines and were […] . . .
Read More: Bad bank loan underwriting persists – tax foreclosures will continue. Post 165
Coach Mitch’s REFLECTIONS Haste Makes Waste I am increasingly worried about the lack of due diligence amongst wanna-be real estate investors. One of the more misinterpreted guru sayings is, “You can’t steal a deal if you’re moving in slow motion.” Well sometimes if you move too fast, it is you who is bamboozled. The voice […] . . .
Read More: Due diligence – do it or be sorry you didn’t. Post 164
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