Author: Cameron Dunlap

How Delinquent Property Taxes Can Land You Your Next Deal Without Bidding at Auction

Posted on by Cameron Dunlap

Are you familiar with delinquent property taxes?

Long story short…a house becomes tax-delinquent when a homeowner falls behind on making property tax payments. When the taxes continue to go unpaid for a certain amount of time (which can vary by state and county) the property can then be sold.

I, myself, have bought quite a few properties as a result of delinquent property taxes. Most of them were directly from the seller rather than waiting for the auction.

How have I done this? Well…by simply accessing the list of tax-delinquent properties.

This list of properties contains those that will eventually

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Buyer vs. Seller: How The Earnest Money Deposit Affects Commitment to the Deal

Posted on by Cameron Dunlap

In case you didn’t know, an earnest money deposit is a deposit made by a buyer to a seller, typically held mutually in a trust or escrow account, and shows that the buyer is hopeful in the transaction’s success.

However, the question is…when a house is under contract, does the investor really need to be committed?

My answer is definitely YES.

But to what level of commitment should that be?

And, who is actually more committed to the deal – the seller or the buyer?

Each situation is different of course, but a lot of this depends on the language

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HUD Homes 101: What Every Real Estate Investor Needs To Know – Part 2

Posted on by Cameron Dunlap

Welcome to Part 2 of HUD Homes 101: What Every Real Estate Investor Needs To Know

In Part 1, we went over what exactly HUD homes are, how they’re located, the bidding process and the importance of the Proof of Funds letter. (By the way, those POF letters are provided in my REI Trifecta program, click here to check it out and start generating your own verifiable proof of funds letters now!)

In part 2, you’ll learn about the inspection period, gaining access to the property, closing the deal (so you can get paid), as well as must-know

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HUD Homes 101: What Every Real Estate Investor Needs to Know – Part 1

Posted on by Cameron Dunlap

Today’s post is all about…you guessed it…HUD homes.

There is much to uncover in this two-part blog series…what are HUD homes, what does the investing process entail, how do you find HUD homes, etc…But first, let’s touch on the basics of this type of property.

Simply put, the term “HUD” refers to the U.S. Department of Housing and Urban Development.

A“HUD home” is a 1-to-4-unit residential property acquired by HUD as a result of a foreclosure action on an FHA-insured mortgage. HUD then becomes the property owner and offers it for sale to recover the loss on the foreclosure claim.



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