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

Fear, regret, and dreams not realized. Post 140


Coach Mitch’s REFLECTIONS™   The other day I sent a follow-up email to several persons who had contacted me. Here is a response. Hi Mitch: It is great hearing from you. I would love to chat some more. I was not expecting to hear from you out of the blue like this. I will try […] . . .

Read More: Fear, regret, and dreams not realized. Post 140

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

A little known real estate investing tactic – thank goodness! Post 137


This month, the city of Boise told Marcella Boylan that if she didn’t pay $241.55 owed for trash collection, her name would be published in a full-page newspaper ad to call attention to scofflaws. But Boylan never saw the letter. The 92-year-old’s nursing home caretakers forwarded it – like all her mail – to her […] . . .

Read More: A little known real estate investing tactic – thank goodness! Post 137

“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

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

With taxes so high, it’s easy to go into foreclosure. Post 133


Coach Mitch’s REFLECTIONS™   The question: How did they manage it? Did you ever wonder how families used to be so large and still survive? Into the 1920’s and beyond it was routine for a working man to support seven or more, and on an average salary of $28 a week. In fact, the average […] . . .

Read More: With taxes so high, it’s easy to go into foreclosure. Post 133