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

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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How to Pick the “Right” Real Estate Investing Mentor for You

There’s no denying the power of mentorship. In fact, I’ve learned through personal experience over the last 25+ years that having the right real estate investing mentor can dramatically decrease your time to profits!

It’s time I gave you a few pointers about working with a real estate investing mentor—specifically, the matter of whether or not you should seek out a LOCAL mentor.

But let’s start out by saying…

Mentoring is Not Magic

It’s important that you enter into a mentor-student relationship with an open mind, an open heart and a readiness to learn. Having a mentor is not like

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

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

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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