“Buyer Beware” is the rule at tax auctions. Post 136


Auction of foreclosure properties draws 200 The Wichita Eagle Kansas, MO …at the Sheriff’s tax foreclosure sale at the Sedgwick County Extension Education Center. The Sheriff’s office auctioned 75 properties . • Gallery: Sedgwick County’s tax foreclosure auction • To the 200 people who showed up Monday to bid on Sedgwick County property in tax […] . . .

Read More: “Buyer Beware” is the rule at tax auctions. Post 136

TLC’s down – Tax appeals UP. Post 130


Dade tax collector advertising fewer properties this year even with recession Miami Today May 28, 2009 RisaPolansky Despite a rough economy, fewer delinquent property tax certificates are being advertised for sale in Miami-Dade this year than last. In 2008, the county tax collector advertised 89,795 properties before the annual delinquent tax certificate sale. This year, […] . . .

Read More: TLC’s down – Tax appeals UP. Post 130

The Government VS Joe Kaiser. Post 127


Foreclosure guru hit with $3.2 million penalty seattlepi.com Thursday, May 7, 2009 Levi Pulkkinen “I’m the Tiger Woods of foreclosure rescue” accused man cries out. To state lawyers, Joseph Kaiser is a swindler, preying on homeowners facing tax foreclosure who don’t know their options. To one King County judge, he’s a purveyor dealing in […] . . .

Read More: The Government VS Joe Kaiser. Post 127

Landlording 202. Post 126


Coach Mitch’s REFLECTIONS™   Landlording If you are going to be part of the real estate investing business, understand that you will be a landlord at some point. Get over it I know, I know. No one wants to be a landlord. Well, I’m sorry, but it comes with the real estate investing territory. It […] . . .

Read More: Landlording 202. Post 126

Commercial Paper may be the next shoe to drop. Post 125


Coach Mitch’s REFLECTIONS™   I will let this email speak for itself. I did not edit the email. Commercial Paper time bomb Subject: The One Trillion Commercial Real Estate Time Bomb From: cfo-newsletter@emailblitz.com Date: Mon, May 4, 2009 8:37 am To: ————————- The One Trillion Commercial Real Estate Time Bomb data provided by Deutsche Bank […] . . .

Read More: Commercial Paper may be the next shoe to drop. Post 125

Consider selling – NOW! Post 124


Coach Mitch’s REFLECTIONS™   The Recession Is Over!! This is the headline coming from the talking heads at CNN, etc. A significant percentage of the nation’s media is very determined to do what it can to bolster President Obama’s agenda. To this end, they trumpet any small piece of good news. If there are several […] . . .

Read More: Consider selling – NOW! Post 124

Texas proposes to limit real estate investing. Post 119


What is up with Texas? by Susan Lassiter-Lyons February 16, 2009 I just got this email from a friend of mine who owns a HomeVestors franchise in Texas. They’re the “we buy ugly houses” guys. This is pretty startling legislation if passed so it’s important that we real estate investors pay attention to what happens […] . . .

Read More: Texas proposes to limit real estate investing. Post 119

Banks always have the upper hand. Post 115


Even if you’re up to date on payments, don’t ignore taxes or transfer the loan. Los Angeles Times December 7, 2008 Reporting from Washington – Not making your [tax ed.] payments is just one way to lose your house. Take the case of Aaron Powell, a member of a right-wing militia group who a few […] . . .

Read More: Banks always have the upper hand. Post 115

Where should I invest? Post 109


Coach Mitch’s REFLECTIONS   Where should you invest? This is actually a very good question. The determination of where to invest in real estate can be relatively complicated. Consider some of the relevant issues that can influence your decision as to where you should invest: timing, price, severe weather, climate, employment issues, transportation, taxes, population […] . . .

Read More: Where should I invest? Post 109

Now is the time to invest. Post 108


Coach Mitch’s REFLECTIONS   Timing is everything How many times have you heard this cliché? Too many times, right? We are told by experts that a stock is “ripe” and ready to move – timing. We see a fad, like the pet rock, and wish that we had created something like it to take advantage […] . . .

Read More: Now is the time to invest. Post 108