All Forum Posts by: Aaron Mund
Aaron Mund has started 8 posts and replied 62 times.
Post: New scary HUD rules

- Real Estate Investor
- Arvada, CO
- Posts 68
- Votes 5
It seems like these guide lines would do more to hurt the average home owner and then enturn the whole economy. And help out the banks that got us into this S#7t hole.
So here is the big question. If these new rules go into place will the government bail us investors out if a deal goes south?
Post: Lease Option Foreclosure

- Real Estate Investor
- Arvada, CO
- Posts 68
- Votes 5
That helps thanks!
Post: Lease Option Foreclosure

- Real Estate Investor
- Arvada, CO
- Posts 68
- Votes 5
Originally posted by Releaf_OC:
I've come across this often debated question--if you're the tenant and you know your foreclosing homeowner isn't forwarding your payments to the lender, do you keep on paying? What are your obligations to pay after the house is sold at auction and you're sitll entitled to remain in the property?
Where can I find that 90 day law??
I have talked with a lot of tenets who say they stop paying. I don’t know how legal it is but I know that rent skimming is illegal. The way I see it is if they stop paying the land lord would have to pay to take the tenet to court with money they most likely don’t have seeing how they are in foreclosure. Then when they go to court the tenet can get the land lord in trouble for skimming rent if that is what is happening.
I know of one family in my area that has about 10-20 homes in foreclosure right now. And the tenets I have talked to have stopped paying rent. I wish I could get in contact with the family.
Post: Lease Option Foreclosure

- Real Estate Investor
- Arvada, CO
- Posts 68
- Votes 5
Thanks for all the responses. I have learned a good amount and hope never to be put in this predicament.
Post: No RichDad for me!

- Real Estate Investor
- Arvada, CO
- Posts 68
- Votes 5
But it is "good debt?"
Use the right brain.
Post: Advice for finding foreclosures

- Real Estate Investor
- Arvada, CO
- Posts 68
- Votes 5
Here in Colorado I go to the county public trustees website. Then to seearch foreclosures. Simple, free and easy.
Post: Renters Rights?

- Real Estate Investor
- Arvada, CO
- Posts 68
- Votes 5
What are the renters rights when the home is in foreclosure?? Any sources I can turn the renters to?? Like websites?
Post: Lease Option Foreclosure

- Real Estate Investor
- Arvada, CO
- Posts 68
- Votes 5
So you are kind of screwed?
Would it be illigal to buy it via a short sale??
Post: No RichDad for me!

- Real Estate Investor
- Arvada, CO
- Posts 68
- Votes 5
I see a lot of talk about mentors. That is a big thing with RDPD advanced ed. I found one and we work on deals and I get paid. He gets paid too.
The Rich Dad people left out the fact that you can get a mentor that pays you. After leaving the training I thought I had to pay for a mentor.
Post: No RichDad for me!

- Real Estate Investor
- Arvada, CO
- Posts 68
- Votes 5
The Rich Dad company is a very motivational company. I would not be where I am at if it wasn’t for Rich Dad. The RDPD book was designed to sell Cash Flow. And the other books were taken from the draft of RDPD. The books and the courses teach you enough to know what to do but not how to do it. Yeah I know that owning an apartment will make me $10k a month or whatever. I know I need to do it. It would be nice to learn how. So I have gone to other sources to learn the HOW TO part. I would recommend RDPD to someone starting out. It is a mindset thing. That is it.