All Forum Posts by: Ryan M.

@John Mader

Where on the beach is it located?

@Nicole Heasley

275/mth for a payment and I'll assume another 300/mth in gas/maintenance would be equal to a 500/mth lease on a Tesla. You would have zero gas or maintenance costs, and electricity is only .025/mile (or cheaper if you have free charging around where you work or live). Plus it's safer than any car or SUV and it will basically drive you to and from work, so it's almost like you get a free driver included also.

Life's too short to drive around in old, unreliable cars. Plus why send all that money to big oil and repair shops when you can use that money towards a better car (robot). And no more stops at the gas pump.

@Alex Hoang

No future buyer/investor is going to want to take on that 350/mth contract.

@Cass Lowrie

I think you need talk to someone if your wife is using her SDIRA to invest in your business. That is a prohibited transaction.

@Frank Chin

Where are you buying foreclose auctions where the foreclosing bank is present and giving out mortgages on the spot to the auction winner? Or am I not reading this correctly?

@Steven Rein

The ones that slip through the cracks are the ones that no one can find or ones where the party entitled to the funds doesn't care to act.

The county has to keep copies of all the notices they sent out in case an auction gets challenged by an interested party. You'll find out from that record if they have the proper address and which addresses are dead ends. So that's the first place to start.

A lot of times the owner is dead and there was no probate or no heirs to take over, so that is why the taxes never got paid.

It's a lot of research and it may be more lucrative, and easier, to just sell a course on how to do it.

@Peter York

Just get a term policy when you have dependants to look after. You already answered your question. And you already feel the pressure of a commissioned salesperson pushing you into something that is best for them, not you.

@Zachary Paschke

Just disclose your fees. And call yourself an insurance agent and not a financial advisor. With something as complicated as insurance and as much money on the line, there should be a lot more transparency.

If your 'financial advisor' makes money off selling insurance and is not required to disclose the huge commissions some here have noted, shouldn't they have to call themselves Insurance Salesperson instead?

@Randy Steele

You need to talk to an attorney before paying off any old bills. Even if you don't legally owe them (I'm not claiming you do or don't), they can still ask and hope that you pay them. You can also pay to have a title search to see if there are any outstanding liens.

In the meantime you can look up your state statutes on foreclosures for answers. It will spell out what happens to liens at foreclosure. The IRS only has 120 days and then their lien goes away.