check public records - lis pendens

for the record, I want everyone to know that I cooled down a full 24 hours before responding to the question.

4) Why do other investors suggest always use a landtrusts for the homeowner in preforeclosure and he orshe is the beneficiary of his own trust5) to protect ourselves as investors to do a 2nddocument which is called an assignment of beneficialinterest of land trust what is the purpose this 2nddocumentThis 2nd document shall not be recorded in publicreocrd of any county and you have him sign thisdocument over to you as the owner, he assign to youone hundred percent to you, this document does notexist until everyone signs it, as long it is notexececised it does not exist, both top parts aresigned not the bottom, then what happens afterwards doyou have to pay tax twice6) what do you afterwards you set up a land trust doyou do a short sale, do you record the land trust, itor do you do something else

Yes you can get these names by searching public records.

The assignment would be the preferred method because you're never going on record as the owner.

Just good records and a level head.

While I agree with you that it is a good idea to review tax returns, leases, etc, in many instances the unsuccessful "investors" that we are buying these properties from have TERRIBLE records and they prove worthless in doing an accurate analysis.

THe market here is having record numbers of foreclosures so I am looking to snag a decent deal in a decent area.

They also make the beneficial interest of the real estate personal property which can be sold without the usual recording of deeds, etc.

If you do a Better Business research of RichDad, he comes out squeeky clean, BUT, his advanced courses are taught under Wealth Intelligence Academy, which has a terrible BB record.