All Forum Posts by: Christopher W.

I used to listen to that motivational stuff but to be honest, I lost interest. Now I listen to real estate related podcasts and books. That keeps me plenty motivated, plus I'm both re-enforcing old ideas and learning new ones.

I have never done this myself, but the investors I have talked to don't care where the deal comes from - as long as there is still enough room for them to make their profit. I'm sure the seller wouldn't mind you selling their property. I would go ahead and do it and make a little cut in the middle. This is basically what wholesalers do anyway.

As far as being an agent - check with your broker. I don't know the laws in Texas. Either way, when in doubt - DISCLOSE! I have never seen a situation where an agent disclosed he/she was an agent and the deal fell apart solely because of that.

Stacy - Good to see you again. Where on the west coast are these properties?

Interesting thread! I'm a 2 right now but am on track to hit $0 net worth later this year.

So Rich I assume you are a 2 because your company owns everything? Personally own nothing but control everything!

Don't most states have a redemption period after the tax sale? Even if David buys the property after the tax sale, can't he still pay the back taxes and fees to bring it current (as long as it is within the redemption period)?

Rich, I wouldn't be concerned. My degree is in computers and I also work in the field now. I think most schools do a decent job of teaching a mix of old and new. She will need the old because that is what everything current is based on. As long as she learns the theory of how something works, she can use that going forward. When she goes out into the job market, they will teach her what they need her to use.

But if she stays in the computer industry, this is just the beginning. She will have a lifetime of learning ahead of her. I'm constantly learning about new technologies and products. Some I have to pay for and some paid by my work or the vendor selling the item. There are also certifications to be had.

The great thing about the computer industry is that it is everywhere. No matter what her interests are, she can usually find something in the industry to suit that. If she is more creative, she can go into web design, graphic design, or desktop publishing. If she is more analytical she can work with the hardware in desktop support or networking.

That's great Vikram! Congratulations! Care to share more details about your deals?

I have heard of things like this before, although not too often. When I was researching tax liens I heard about one story of a lakeside neighborhood. There was a separate parcel that ran between the houses and the lake. Someone bought it and threatened to put up a fence on the property unless the other home owners paid him a certain amount of money. If he did put up the fence, it would have blocked the lake view that these properties had.

I have no idea what ended up happening or if this story is even real, but I guess it shows what certain people can be like.