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8 December 2008 | 42 replies
(((I don't accept such things....it's time to break custom......at least offer it to the client, give them a chance to say what they will do....in this neck of the country someone will.....and as far as legality tell me the legal way to do what i want don't tell me it is illegal))))) I look for solutions and am very optomistic....I don't accept failure it isn't an option.Anyone can make money in real estate......ANYONE new investors or old salts.........You know that all of life is unforgiving.I learned from the school of hard knocks.Mistakes, hmmm I've made a few ....is an understatement.JUST DO IT ..............is how we get over those fears.If you don't take the first step then you can never finish the journey because you will never start.L....abor Luck is never had by those who do nothing.U....nderC....orrectK....owlegeWhen I say JUST DO IT...........I truely mean thatIt must be followed up with NEVER GIVE UP NEVER SURRENDER....This business eats up long time investors too.70 percent of the millionaires in this country come from real estate investing.Your in the game like it or notat the age of 65 only 3 percent of the population will be financially independent.Your in the game like it or not ....will you be the 3% or the 97% that is dead broke or still working?
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23 June 2008 | 31 replies
I have toyed with the idea of doing it but I haven't actually followed through with it because I have been unsure of how the whole double close/assignment thing works in our state.
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19 June 2008 | 17 replies
If I follow the formula of ARV x 70% - repair costs = max purchase price, I'd have to get it for $93K.
27 April 2009 | 21 replies
You will notice that even your reply you answered you own question to the mortgage liens.Quote [ Pursuant to Section 3712 of the Revenue and Taxation Code, the tax deed conveys title to the purchaser free of all encumbrances of any kind existing before the sale, except: ] end quotefree of all encumbrances of any kind before the sale, except: What follows, the exceptions, do not list a mortgage lien as an exception so they are cancelled as part of the sale.Basically what is not cancelled is any lien from any governmental taxing authority.As far as the IRS redeeming a property, this would only be done when their lein is considered in a junior position to the other liens.
24 June 2008 | 15 replies
This whole time I'm asking myself how I should follow up on my letter since I lack the owner's phone number.
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19 June 2008 | 3 replies
Take a look at the following articles.
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22 June 2008 | 21 replies
Of course a Note is Notarized, but I like documentation, documentation, documentation.....To me it's the only thing that helps you in court, plus when someone is borrowing from you, and they know you are documenting the heck out of everything, doesn't that tell them that certainly you will follow through with foreclosure if necessary, and that its' not just an empty "threat."
3 July 2019 | 16 replies
I followed up with the tenant a few days later and she said they were gone.
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23 June 2008 | 7 replies
If Lessor’s right to re-entry is exercised following abandonment of the premises by Lessee, then Lessor may consider any personal property belonging to Lessee and left on the premises to also have been abandoned, in which case Lessor may dispose of all such personal property in any manner Lessor shall deem proper and is hereby relieved of all liability for doing so.
26 June 2008 | 17 replies
If the tenant didn't follow up they would not have any water, electricity, gas or what have you.The odd thing is that in most areas a $1,000 water bill for a month is pretty high for anything short of a 12 to 20 unit apartment.