Tax delinquent property is key to finding cheap land. Post 75
Mitch Goldstein | Coach Mitch | February 18th, 2008
Coach Mitch’s REFLECTIONS
Many 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 Land
As 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, Coach Mitch’s “Ridiculously Simple System…” will show you ways to find land which will make your head spin. I mean it. I have said it before, this system works. This system is not hard, but it is not obvious.
You may be able to think of some strategies to find land but, believe me, there are ways and there are ways.
Land = 80%
About 80% of all tax delinquent properties are vacant land. That is a big deal. I would guess that there are millions of acres of raw land that are tax delinquent in this country and in the possessions.
Great deals in land are at hand
I know of a mortgage broker who teamed up with a developer. In their first transaction they purchased tax delinquent lots for $6000 each and then sold them for $20000, each. Not bad.
The developer then suggested that the mortgage broker look in some selected metro areas that he thought would be growing. The mortgage broker contacted the county treasurer’s around those five different areas. She found a ten acre parcel that was already pre-approved for 100 town homes. They purchased the land for 10¢ on the dollar. They were planning to pre-sell the 100 units. It is a $10,000,000 project.
Opportunity
Why do people not pay their taxes? There are many reasons. However, they all boil down to a potential good transaction for you. The thing that must be overcome is doing the work to uncover the best potential deals and then going after them in a systematic manner.
Coach Mitch’s “Ridiculously Simple System…” shows you where to look for the leads, helps you to determine which leads are the best ones and then gives you the marketing that works to get folks to respond to you.
The only thing left for you to do is – close the deal.
If you don’t have enough cash and you don’t want to bring in a partner, then just use Coach Mitch’s “famous $1 Option.”. In this manner you can control the property until you decide what you want to do. And I know that you have $1.
Most times you can buy at such a low price that you can turn around and sell the land quickly. Either you can sell to someone who wants to build or you can sell to another investor and still leave enough profit on the table for him to make a nice profit when he sells. Don’t they call this a Win, Win, Win transaction?
In this time of economic dislocation, people are most anxious to rid themselves of financial responsibilities, like the delinquent taxes that they owe on a piece of land that they wish that they did not own. You are just the right person to ask them to sell. And now is the right time. Just make sure that it is the right property. Choose correctly.
See Coach Mitch’s “Ridiculously Simple System…” ™ for details.
Times a wastin’ –
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10 Ways Coach Mitch's "Ridiculously Simple System..." Is An Extraordinarily Profitable Way To Invest
Ellis, you are Exciting Dear Coach Mitch,
I got the list of tax delinquent properties exactly how he explained to get it, and found the ones that didn't have any mortgages and not many liens.
I found one property I really wanted to pursue, so I drove by the house and saw it was vacant and talked to a neighbor sitting outside who had the owner’s number. I called the owner that night and asked what was her plan with the property. She signed the deed over to me for just a one dollar.
I started marketing the house that day and it was sold after two days on the market for $12,000 with me only investing one dollar.
The following week I found another property on the list of tax delinquent property that was vacant, up for auction and also free and clear of any mortgages with just a $600 lien on the property. I called the owner and asked what was her plans for the property. She stated she didn't want the property. I told the owner I would take full responsibility for the property. She asked what was in it for her? I said one hundred dollars and she agreed; I will be closing next week.
Coach Mitch’s program really works.
Ellis Davis St. Louis, Missouri
Ken – make it happen!
Hi Coach Mitch,
Thanks, that postcard template is a brilliant idea. The new strategy really puts us ahead of the curve. I can picture the seller thinking a developer has money and is willing to pay top dollar without any extensive haggle.
Yet, they most likely will still be willing to negotiate if need be. I really like your series of strategies to get the seller to lower the price if they get obstinate.
The new post card format and verbiage seems great. The sales message is very powerful.
That’s awesome work Coach Mitch!!!!
Best,
-Ken Barns, Oxnard, CA
TY Adam Coach Mitch,
This message is to say THANK YOU! Sincerely, I'm amazed by you. The time and energy you have invested in my personal growth goes far beyond anything I ever expected.
I've been wholesaling for nearly two years now and bought into so many programs by this point I couldn't even count them all. Coach, I love calling you Coach because that's what you truly are for me. I don't know if you realize this, but you just took a couple hours to role play with me and help me feel confident when talking with sellers!?!
Thank you for your commitment to my excellence in this business and as a person. It shines through in all that you do and all that you stand for. You're patient guidance through all this is changing my life, my family's life, and my new client's lives. I got into this business to do good and really make a difference for people. You are helping with an arsenal of tools for me to carry this forward. I briefly mention to other wholesaler friends what I'm doing, and no one has a clue and these are some big time guys.
What you're teaching me is a goldmine!!! Coach, thank you for guiding me through making my dreams a reality. I am a better person because I know you. You are a part of the solution. I am grateful.
ALL THE BEST!
Adam C. Stoker St. Louis MO
Delighted by Lynn
Working with and getting mentored by Coach Mitch has been a wonderful experience. I have learned so much about real estate from him, as he has such a wealth of knowledge.
He is always accessible whenever I have a question or need clarification of any sort. He is actually one of the most accessible coaches I've ever worked with. In addition, he is willing to work through various scenarios with you. I have to say some of the ideas he comes up with in our brainstorming sessions are the best!
I have become more confident in real estate and I know I have a business partner in Coach Mitch.
Lynn Lawson
Atlanta, Georgia
Juan, you’re great! I bought Mitch Goldstein 's Tax Lien Course two months ago and found his material very complete and very detail oriented.
His support was amazing. Any questions that I have, I just call him and got his response immediately. I have worked with several Real Estate Professional Coaches before and in addition to their high cost of the material they never have the time to support you.
Mitch has a well-deserved reputation for expertise, support, and professionalism in all stages of the Tax Lien/Tax Deed process.
Just to mention my last experience with him, he just spent 1 hour and a half explaining how to use my computer in a step by step process on how to find and analyze the information from the Hillsborough Court Clerk at Tampa Florida.
I would be very happy to recommend him to anyone interested in the Tax Liens and Tax Deed Investments. His in depth KNOW HOW and support, place him in an enviable position as a Real Estate Coach.
Juan Moises Mejia
Tampa, FL
WoW! Thanks a lot Jim Coach Mitch,
I like your style. Out of all the people I've listened to talk and all the people I've thought that were going to help me, you're the one. I just love your style. I loved your answers. The other night was the first time I ever heard you and I can't say it more. I was impressed with you. You had the answers.
I was nervous because I don't want to mess up the first call. But you said, "If you mess up the first one, don't worry about it, there are plenty more leads. If you mess up the first ten, don't worry about it, there are plenty more leads, thousands more." That's when I felt more relaxed.
I'm just so excited now. With everything I've been through, I feel I can make a turnaround with my life. I'm looking forward down the road and I just wanted to say - thank you.
Jim Misiora - Taylor, Michigan
Thank You Carl, see you at the top. Hello Coach,
Just wanted to thank you for being a responsible and stand-up guy. Since I first purchased your $1 option program, you have made yourself available to answer all my questions and concerns. You have gone over and above, in my opinion, to make sure that I stayed on point to accomplish my goals.
I will not hesitate to recommend you to anyone, at any time.
Thank you for the information you sent last night.
God Bless,
Carl Smith, Maryland
TY Jim – You’re great!. OK. I've been dealing with gurus and using their techniques. This is the first one that I am so excited about...especially the $1 Option.
If I may say so, I've never seen options explained like that. A $1 Option seems a little far fetched, but when I read this thing, I realize that it is as real as the telephone I have in my hand right now. This is a very good manual. This is a fantastic manual. It is powerful, very, very powerful.
James Harrison. - Phoenix, Arizona
excerpted from Post #3
Thanks James, you’re easy to work with. Dear Coach Mitch,
When I first heard you outline your “RIDICULOUSLY SIMPLE SYSTEM”, I was literally pacing my living room in excitement!
For years I have gone to several other seminars, bought all the tapes and even done boot camps only to have limited or no success. It seems like I was always missing something?
Well, this is exactly what I have been looking for. You are available to me one on one and your teaching style is engaging and informative. This education is worth every penny. I feel like all my past efforts were leading me to this point and I am confident that having my own personal coach will prove to be the best investment I could make!
Thanks for everything!
J. S Cocoa, FL.
Gloria, I’m glad you’re glad!
Hi Coach Mitch,
Thanks for the help I have received thus so far. I'm having a life-changing, God blessed experience since receiving your material on 10/24/13.
I didn't think I could comprehend the material because I truly know nothing about REI but, you explained the material in a plain and simple manner, like teaching A,B,C.........Z in a superb manner!
Thanks for sharing this whole new world with me. I am confident that it will have a dramatic affect in my life and the lifestyle and future of my family.
Thank - you Coach Mitch,
Gloria Karungi Detroit, MI
Right On Rick! Coach Mitch,
Just a quick note. Last night I came across some of your old newsletters. You are Really "On Top" Of Your Game...especially the one from October 14, 2008. What you were saying then...is today's news Now! You might enjoy going back and looking over it again yourself.
Your friend
Rick Ward in Lubbock Texas
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