Bulk REO investing basics. Post 143


Coach Mitch’s REFLECTIONS™   Banks Are Motivated Sellers??? Banks are not usually thought of as “motivated sellers.” However, when today’s banks have such large portfolios of foreclosed properties, it is understandable that they are “motivated” to get these properties off their books. A while back, I got a property from a bulk foreclosure sale. You […] . . .

Read More: Bulk REO investing basics. Post 143

$200 offers for a house or land? Ridiculous! Post 142


Coach Mitch’s REFLECTIONS™   A Question Hi Mitch, Can i please ask you, if i offer to buy there property for $200 and they ask for more money, you say YES ($1 option) don’t they feel that you were first trying to trick them into selling a $100k property for $200 didn’t you like lose […] . . .

Read More: $200 offers for a house or land? Ridiculous! Post 142

Yes, you can make money using Coach Mitch’s tax delinquent property investing system. Post 141


Coach Mitch’s REFLECTIONS™   I was cleaning out my Inbox when I saw an email from a client that I had missed. It bothers me that I missed a communication from a client. It galls me when a person or a company does not respond to me immediately. Therefore, I try hard to respond quickly. […] . . .

Read More: Yes, you can make money using Coach Mitch’s tax delinquent property investing system. Post 141

Some towns NOT doing tax foreclosures. Post 139


Michael Rady worked at the docks for 15 years to pay off the mortgage on his Cleveland home. But when Mr. Rady was injured and could no longer do physical labor, he couldn’t find a job and had to live off savings and credit cards. Soon, he owed Cuyahoga County close to $8,000 in property […] . . .

Read More: Some towns NOT doing tax foreclosures. Post 139

The taxpayer is paying – so line up and get yours. Post 135


Planning Commission moving into new offices The Republican Springfield, MA September 03, 2009 Developers …showed off a transformed former Hooters building…days before the Pioneer Valley Planning Commission will move into the building as the first tenant. Mirkin, … and Gagliarducci bought 60 Congress St. at a tax foreclosure auction in June 2008 for $605,000. The […] . . .

Read More: The taxpayer is paying – so line up and get yours. Post 135

How to be a ‘Millionaire’ for only $1000. Post 134


Coach Mitch’s REFLECTIONS™   Give the system what it wants (Coach Mitch advice) A banker wants to see assets. If the asset is liquid, like a stock or a bond, then he gives you credit for it. If the asset is real estate, the banker gives you credit for that also. The banking system does […] . . .

Read More: How to be a ‘Millionaire’ for only $1000. Post 134

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

Real estate investing signs work wonders. Post 123


Coach Mitch’s REFLECTIONS™   Signs work Look in the exterior sidebar. See the picture of a sign. It reads: “Why Rent? 100% Financing, No Down Payment, 439-6100.” I have used this sign many times. Each time I have a property for sale, I display this sign prominently – and the phone rings. At a minimum, […] . . .

Read More: Real estate investing signs work wonders. Post 123

Everyone says NOW is the time to invest in real estate. Post 97


Coach Mitch’s REFLECTIONS Headlines Investors Cash in on Property Market Slump http://EzineArticles.com/?id=1274419 Now is The Time To Buy Denver Investment Property! http://EzineArticles.com/?id=1274243 Tips and Guides in Sarasota Real Estate Investing http://ezinearticles.com/?id=1275542 Last year and two years ago, these same folks were shouting the same things, except it was in the other direction. “Investors Cash In […] . . .

Read More: Everyone says NOW is the time to invest in real estate. Post 97

Mortgage foreclosures reduce tax foreclosure prices. Post 94


Foreclosures hurt Revere municipal auctions revenue ItemLive.com By Thor Jourgensen May 26, 2008 REVERE-The wave of mortgage-driven home foreclosures is impacting the city’s ability to make money from another type of foreclosure: municipal property tax takings. Revere, like many other communities, auctions off homes and other properties taken by the city after owners fail […] . . .

Read More: Mortgage foreclosures reduce tax foreclosure prices. Post 94