Hard assets are your true safety net. Post 86
Mitch Goldstein | Coach Mitch | May 16th, 2008
Coach Mitch’s REFLECTIONS
Why the dollar is dropping like a rock! A YouTube presentation
http://articles.mercola.com/sites/articles/archive/2008/04/26/why-the-dollar-is-dropping-like-a-rock.aspx?source=nl
We need better education
Citizens no longer are being well served by many parts of the government. Our schools are not teaching Johnny HOW to read nor HOW to think, rather, they are more and more becoming the vanguard of the “Thought Police” because school curricula are teaching Johnny WHAT to think.
One need only see the programs that are being pushed, i.e. Environmentalism being the general cause and Global Warming being a specific primary focus.
Just yesterday, two young girls, fourth graders, were collecting petition signatures in my neighborhood. They were advocating the idea that plastic water bottles and tops be recycled – in an approved manner. Meaning that, we would be required to gather the plastic bottles and tops and they should be taken to those machines we find in every food retailer and deposited.
1840’s pioneer education was much better
If you ever get the chance, look at the standard teaching book used by pioneers, the famous McGuffey Readers http://en.wikipedia.org/wiki/McGuffey_Readers . You will see that the level of scholarship expected of American children in the 1840’s is vastly superior to the very low level of expectation we have today.
Those who study history know that Americans are currently being programmed for dramatic changes in attitudes, law, philosophy, etc, from what are historically strong American values to the values desired to make us ready for the “New World Order.” The most important American character builder, our desire to be independent and self-supporting, is being replaced with the attitude that Big Brother government knows best.
The easiest way to subvert a population, is to take its young and teach (indoctrinate) them what you want them to believe. Hitler’s maxim: “Give me the children for the first seven years and they will be mine forever.”
My own wife, who escaped from Romania, a communist country, relates how she was taught in elementary school to listen and report what her parents were speaking about. It wasn’t until about the age of 13, my wife says, that the children understood what was being done. Until that point, my wife’s parents were forced to speak in another language, Yiddish, if they wanted to talk in front of their own daughter. This is what is coming to America! Be warned.
The founders knew better
It has been said many times that, never before, nor since, has there been constituted a more well intentioned, better informed group, than those who created the Constitution. They were well schooled in the ways of government. They understood that government’s chief power is the power to tax. Taxation has been correctly labeled as “legalized plunder.”
“Government’s ability to grant favors or lucrative contracts to chosen supporters is another power the founders understood needed to be curtailed. The method: founders chose to permit the federal government to create law in only a few, strictly limited areas, i.e. defense, coining money, determining weights and measures, etc. US Supreme Courts of the last 70 years have allowed federal encroachment into many areas outlawed by previous Supreme Courts. This proves just how subverted our system has become. The fox now oversees all four wings of the hen house.
Now what?
What do we do now? With all the forces of power arrayed against us, what is a humble US citizen to do?
Protect yourself, be smart – get hard assets!
Throughout history, the only store of real value has been hard assets: gold, silver, precious gems, collectibles, water, food, land, etc. Paper money, which can easily be ravished by inflation, loses its value quickly. When inflation hits, hard assets are used as barter, not worthless paper. The worthless money is used to wallpaper your home – if you still own one.
The best hard asset is land
Land is the best hard asset because you can consistently acquire at a steep discount.
This is a most important point
- Other hard assets, such as gold, can only be gotten at the market price.
- With gold you can only get a bargain today if the price goes up tomorrow.
- Precious gems can be gotten at discount prices if you can find a seller who is in great need.
- However, finding gems at discounted prices is only the case in good times. In times of crises, most assets command a high price, especially gems, which are easily transportable or can be hidden.
Land, Property
- Only real property can be gotten at steeply discounted prices, in good times and bad.
- In good times, there are always those who will sell at a steep discount because they “must” have money NOW! You merely need to keep looking.
- In bad times, desperate situations are even more prevalent.
- Your biggest difficulty will be to have enough money to acquire all the land that will be offered at give-a-way prices.
- In situations where people want or need to flee quickly, land is gotten at ridiculously low prices, $0.20 – $0.30 cents on the dollar.
- Where people have already fled a situation, and you have tracked them down, the property can be gotten at even less, $0.10. cents on the dollar.
Real Property
I find it interesting that the term “real property” refers to land and its improvements. Personal property is also “property.” However, in this context, it is not perceived as “real.” What is perceived as real is property, i.e. land.
This description should speak to you. History has shown that land is what people treasure most. People flock to the best parts, as do animals. People presume that the occupier “owns” the land and the “owners” are given respect and wealth. Wars are fought to acquire the land for the sake of expansion or protection or for the value of its fertile soil or its underground mineral wealth. While gold, gems, and other hard assets are a bit transitory, land is stationary. As such, land is very valuable in a gold rush and not so valuable if in a ghost town.
Coach Mitch’s “Ridiculously Simple System…” focuses on Tax Delinquent Property. This system is the very best way to locate sellers who will sell their land at a significant discount.
In no other real estate acquisition system can you find such great deals on such a consistent basis. In no other real estate acquisition system can you find sellers who are WILLING to sell at such very low prices AND who are ABLE to sell at the prices you want. A very high percentage of the tax delinquent property is lien free. This means that there are no mortgages or other encumbrances to cut into your profits.
See Coach Mitch’s “Ridiculously Simple System…” ™ for details.
Let me show you,
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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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