All Forum Posts by: Melissa Webb

Just FYI for everyone: The origional post I started this thread with, didn't work out for me. The numbers didn't work out and I felt that I was having to find ways to make it work. I figured that if I had to force a deal, it wasn't a deal.

Yes Nick, it was a good way for the tread to come back to life =).

Don't worry, In my opinion, you still have some time before prices get to the point to where it's hard to find a deal. Spend this time learning and saving. When you find a deal, you'll have the knowledge to ask the right questions and run the numbers.

Sorry, Guys; something happened when I tried to quote Tim, so the whole post looks like a quote, when infact only the first line is.

Originally posted by Tim Wieneke:

it's an excellent time to buy some pork futures and stocks in flu pharmas......

It seems that every couple of years, the CDC comes up with a new flu "pandemic" to help get rid of pharmas, or drive populations to doctors to dope up on more meds.

Nothing really happened with the Bird flu, SARS, past Swine flus (granted they caused deaths), and others. They all didn't hinder the population any worse than the "regular" flu.

As Joshua stated in the previous post, 1,000's of people die of the regular flu every year and it doesn't get this type of attention. Compared to the total population, this is a very small percentage of deaths, compared to that of other diseases, viruses, and bacteria.

I don't want to sound apethetic here, but I just don't hold the AMA , ACS, and CDC in very high standards. They seem to hold us back rather than push us ahead with our health.

Hello All,

I am interested in bidding on tax sale properties. However, some of them also have IRS tax liens. If I were to purchase one or some of these properties, I will have to pay the IRS liens within 120 days. How do I go about finding out how much is owed? title co. wants $75-$100 dollars just to do a search, and even that won't tell me how much.

Please advise. Thanks

Originally posted by John Lydic:

Unfortunately, the business of wholesaling doesn’t always gain the respect it might, otherwise, deserve. Wholesalers are middlemen, plain and simple. And middlemen often get a bad rap. After all, used car dealers are middlemen. They are thieves sticking their greedy little fingers into the pot.

Does the fact that I’m making $64,999 make it a bad deal? Of course not.

The fact is wholesalers provide a valuable service, not unlike an antiques dealer. Dealers use their expertise and time to locate what buyers in their industry want. Good wholesalers lay the groundwork for those investors, seasoned or otherwise, who benefit from full-time legwork and proficiency in locating, researching, evaluating and, most importantly, securing prospective investment property. Wholesalers make, otherwise, unavailable properties available to the investor community.

John L, you nailed it!!! Great Post. :cool:
Randall, wholesalers do quite a bit of work. They do a lot of preliminary work in finding the deals, setting up the end users/investors, and they do all the purchase agreements for all involved.

[quote=MikeOH
In addition, I find also find it offensive that our "social" programs continue to expand. We should not house, feed, or provide medical care for people that are too lazy to work.
Mike

I can't tell you how long I have been irked by this fact. I never did understand (since my early teens) why we supported people who don't work-AND WITH MY MONEY!! I can understand those that are in an emergency and need it for a short time, or have seriously hurt themselves and they cannot work. But, common, years, generations? Gimmie a break. I can't tell you how mad I got while putting myself and my husband through school (spending 10's of thousands of dollars from out own pockets) just to find out the girl next to me is getting everything paid for her, plus transportation, plus child care, all because she had a child, couldn't support him/her herself, and to top it off, got mostly D's in the classes. Here people do the right things in the right order and they get schafted, and people who don't use their brains and work hard for what they need/want get things handed to them on a silver platter.

It may not be as rosey as just being given everything, and people have their hardships, but I had to live like crap for 7 years saving every nickle and time: having people try to kill my dogs, me having to call police on neighbors for child and spouse abuse, having tweekers try to kill my husband, go to school, have 2-3 jobs (this was before I even thought of investing), and be smart and not have children. All this was done without government help.

So you will have to excuse me when I get on my pedistal here and give my $.02 about how pissed off I get when we "bail" out people who make the wrong decisions (re-finance a house for extra cash to pay off the do-dad's they didn't have the money to buy in the first palce, give out investment type loans to average home buyers, etc), knowing they were the wrong decisions.

And, I am not putting the blame on either party. "Government" care and help has been around with both parties and will always be. I think that it seriously needs to revamping though.

OK, I'm done. :pissed:

I too am curious about this. If I were to buy this house at auction, I would have to pay the back taxes within 30 days (all liens above the foreclosing entity is the responsibility of the buyer). So, what DOES happen when the property goes back to the bank?

I origionally came here to absorb the information and learn what others are doing. But, now I have gotten involved in some groups and discussions and have learned a great deal of information that I could not get from anywhere else. What started out to be just skimming the pages for informmation a couple minutes a day became what Richard said: "Visit??? I live here!" On another note, i find myself LMAO very frequently :goofy: thanks Josh and everyone who contributes to this great network. :clap:

Are you asking if anyone here has been through Foreclosure or Bankruptcy, or who has done deals with people going through one or the other?