Welcome to our 13th episode in our new podcast series where we cover loads of ways to do REI deals in the niche market of tax-delinquent real estate, which has become our specialty and allowed us to become financially independent. We’ve done nearly 3,500 deals – in land and houses – and we want to share our tips and tricks with you. In today’s episode, we’re talking about how to do a transaction in which one or more of the owners has unfortunately passed away. You will probably be dealing with the owner’s kids – their heirs – for these probate cases. So today, we’ll cover the different kinds of probate deals; how a will plays a role; what a short probate affidavit/small estate affidavit is; when to file a death certificate; what an executor’s deed is; and more. So, thanks for tuning into our 13th podcast episode. Here we go… Listen and enjoy: What’s inside: What probate is A scenario in which someone passes away and heirs are involved in the probate How you can help an heir transfer ownership from their deceased parents to them and then from them to you Questions to ask your seller when dealing […]
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Welcome to our 12th episode in our new podcast series in which we explain the ways that you – just like us – can reach financial freedom through the niche market of tax-delinquent REI in land and houses. In fact, we’ve done nearly 3,500 deals and we want to share our tips and tricks with you. In today’s episode, we’re talking more about title companies… and specifically, do you need them or not. We’re going to dig deeper into your three options regarding closing and title companies: with a title company, without a title company and then a hybrid of the two. And, we’ll cover the advantages and disadvantages to them, plus some extra helpful info as well. So, thanks for tuning into our 12th podcast episode. Let’s get going… Listen and enjoy: What’s inside: Closing with a Title Company – advantages and disadvantages Closing without a Title Company – advantages and disadvantages Certain documents and fees you need to be aware of if you choose not use a title company Why deeds, joint owners, heirs and probate have a role in titles The inexpensive way to outsource the title search Mentioned in this episode: Jack and Michelle’s website and […]
Welcome to our 11th episode in our new podcast series in which we talk about tax-delinquent real estate investing – the niche market of REI that has enabled us to become financially free. Today, though, we’re taking a little break from the specifics of tax-delinquency to cover building your forever cash through REI. In today’s episode, we’ll talk about three different types of cash and how you can use them to fuel your Wealth Wheel – oh, and of course, we’ll explain what a Wealth Wheel is! The three types of cash we’ll discuss are one-time cash, temporary cash and what we call forever cash. We’ll also cover tricks to savings your cash – and not sabotaging your savings with frivolous spending. So, thanks for tuning into our 11th podcast episode. Here we go… Listen and enjoy: What’s inside: What an effort economy and one-time cash are Why you should consider investing in mobile homes What a Wealth Wheel is How to better hold on to your cash instead of spending it How to create cash-flow assets Mentioned in this episode: Jack and Michelle’s website and their free gift for you Forever Cash Freedom ForeverCash.com/Podcast Forever Cash Tweetables: No need […]
Welcome to our 10th episode in our new podcast series where we share with you everything you need to know to be able to enter the niche REI market of tax delinquent real estate deals – in land and houses. Since 2002, we’ve done more than 3,000 deals in this specific area and we want to help you in this arena. In today’s episode, we’re talking about ownership transfer – specifically transferring the title from seller to buyer – we’ll cover lots of useful info about title searches, title companies and title insurance. So, thanks for tuning into our 10th podcast episode. Let’s dive in… Listen and enjoy: What’s inside: What title insurance is What a title search is and what it does 3 ways to do a title search What an open policy is When and how to ask for investor discounts Mentioned in this episode: Jack and Michelle’s website and their free gift for you Forever Cash Freedom ForeverCash.com/Podcast Tweetables: Sometimes, it’s not worth spending several hundred dollars for a title company to do the work for…Click To Tweet There are 3 ways to do a title search: do it yourself; hire a title company; or do a […]
Welcome to our 9th episode in our new podcast series that’s all about making big profits through tax-delinquent real estate investing – in houses and land. This REI niche is actually one of the most profitable ways to invest and can provide the biggest margins. In fact, we were able to go from $0 to $1 million in profits and equity in 18 months through tax-delinquent REI. We’ve done more than 3,000 deals and want to share all we know about tax sales with you! In today’s episode, we’re talking about the types of letters that we send out when we are looking to invest in land or houses. We’ll cover the different kinds of letters and their uses, when and how to use them and, also very importantly, when NOT to use them. We’ll also touch on how many letters to send, what response rates you should expect, the number of offers you should make and much, much more. So, thanks for tuning into our 9th podcast episode. Let’s get to it… Listen and enjoy: What’s inside: How to get a 10%-25% letter response rate The pros and cons of a “tax-delinquent letter” When and how to use the […]