How investing in tax delinquent property overcomes REI’s most difficult problem. Post 79 Part 1


Coach Mitch’s REFLECTIONS REI – Real Estate Investing When you first think about real estate investing, most people probably think about fixers, or land lording or perhaps foreclosures, etc. Of course, the late-night infomercials promise to teach you to buy property with no money down – but they never say how to do it. “Buy […] . . .

Read More: How investing in tax delinquent property overcomes REI’s most difficult problem. Post 79 Part 1

The IDEAL property investment. Post 78


Coach Mitch’s REFLECTIONS In the real estate investing world we use quite a few acronym’s to help remind ourselves to do things in a proper manner. First and foremost, we must make sure that we understand the “numbers” regarding the property. If renting, this becomes crucial. One such acronym is IDEAL. I=Income D = Depreciation […] . . .

Read More: The IDEAL property investment. Post 78

Property tax reassessments are going to reduce county income. Post 77


Coach Mitch’s REFLECTIONS Imagine being a county treasurer Fact 1: These days much of the country is facing declining home prices. Fact 2: A large percentage of the counties budget’s come from property taxes. Fact 3: As home prices fall, homeowners will seek to have their property reassessed and try to pay lower property taxes. […] . . .

Read More: Property tax reassessments are going to reduce county income. Post 77

Property Tax Deferral – a new concept. Post 76:


Elderly or disabled homeowners may defer property taxes Charles M. Shannon, Chief Appraiser Fannin County Appraisal District Feb 16, 2008 Texans aged 65 or older or who are disabled may postpone paying delinquent and current property taxes on their homes. They may take advantage of a tax option called “tax deferral” by signing an affidavit […] . . .

Read More: Property Tax Deferral – a new concept. Post 76:

Tax delinquent property is key to finding cheap land. Post 75


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 […] . . .

Read More: Tax delinquent property is key to finding cheap land. Post 75

Finally – A government official tells the truth about tax sales. Post 74 Part 2


Coach Mitch’s REFLECTIONS My response to: Investment opportunity: Pima County’s delinquent property tax liens go up for sale Inside Tucson Business February 08, 2008 It’s the stuff of which late-night TV infomercials are made: An investment opportunity where anyone can make money. Welcome to Pima County’s annual tax lien sale. On Wednesday (Feb. 13), The […] . . .

Read More: Finally – A government official tells the truth about tax sales. Post 74 Part 2

Finally – A government official who speaks the truth about tax sales. Post 73 Part 1


Investment opportunity: Pima County’s delinquent property tax liens go up for sale Inside Tucson Business February 08, 2008 It’s the stuff of which late-night TV infomercials are made: An investment opportunity where anyone can make money. Welcome to Pima County’s annual tax lien sale. On Wednesday (Feb. 13), The Daily Territorial will publish Pima County’s […] . . .

Read More: Finally – A government official who speaks the truth about tax sales. Post 73 Part 1

Tax delinquent investing mistakes you’ll make only once – because they are too costly. Post 72


Coach Mitch’s REFLECTIONS Know the risks It is very important to know the tax collections law in the state and county in which you want to invest. If you do not take this precaution, then you do so at your own risk and eventually, at your expense. I try to not invest in tax liens. […] . . .

Read More: Tax delinquent investing mistakes you’ll make only once – because they are too costly. Post 72

Tax delinquent real estate in New Orleans – what a mess! Post 71:


November 26th, 2007 By Clay Thomas If you go to www.neworleanstaxsale.com you will be able to register and bid on properties for just the taxes/liens starting on Monday 26th at 8:00am. You can search properties based on zip, then street. There are properties all over the city that are going for a few thousand dollars, […] . . .

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Tax delinquent real estate things to know – County Clerk Abbreviations Post 70


Coach Mitch’s REFLECTIONS Words matter If you are going to do business in tax delinquent property, you must know what the words mean when you read them in documents or hear them in conversation. The County Clerk’s office will become a second home if you are serious about your investing career. It will quickly become […] . . .

Read More: Tax delinquent real estate things to know – County Clerk Abbreviations Post 70