Monthly ArchiveDecember 2008
About Me Jack Bosch on 23 Dec 2008
A Christmas Message From Jack
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Previous Posts Jack Bosch on 16 Dec 2008
Fast and Easy: The Motto of Tax Delinquent Investment
In getting involved with tax delinquent property investment, you need to establish some kind of a game plan. Based on your budget, you must figure out what kind of properties you would be interested in, the location of these properties, and the kind of return you are looking at. Those are the factors you need to consider when you start to think about investing in Tax Delinquent Properties.
First you have to decide your area of coverage. You don’t want to limit yourself to one small county because it might not be practical and financially viable. You also don’t want to involve yourself with too many counties or a bigger area either because it might be beyond your budget. So, you have to decide what suits you best and your investment profile. Make sure you have your investment goals in tact before going full speed into your new venture. If you fail to get this right, you might have to halt because your funds might just fall short. You wouldn’t want that to happen. And you have to find out which areas have attractive property values and return of your investment. Since you want to maximize your resources, then you have to see where you can increase them faster and easier.
Once you know which area you want to get involved in, then, you can go to the County Assessor’s office to request for a list of tax delinquent properties. You have to keep your list current. Scheduling a set time to go and visit the county offices can do this. Try to make friends with some of the people there. In time, you might just be able to send an email or call to request the information you require from a new found friend at the assessor’s office.
You would then have to identify the properties that would qualify for investment. Some of the information that would be helpful in your evaluation if a property would be good for investment is appraised value of the property and its tax obligation. One of the sources of these information would be the County Assessor’s website.
Success in the Tax Delinquent Investment business can be Fast and Easy. Once you get the hang of the necessary steps involved in making it so, you are on your way to making your fortune – Fast and Easy!
Previous Posts Jack Bosch on 15 Dec 2008
The Pot of Gold
A deed is a method of transferring title to real estate from one person to another. Deeds are necessary in any real estate transaction to legitimize and legalize purchase and ownership of a property. There is a legal description, which is a unique identification of a property. The description may go something like, Springfield Estate Block B Lot E and there is only one Springfield Estate in the county, one block B in Springfield Estate and one Lot E of Springfield Estate Block B. By that there is a specific property being sold from person A to person B for a valuable consideration.
Nowhere in the deed can you find the amount the property was sold for. It does not contain sale amount information. It just says who the seller is and who the buyer is. The seller is also often called the grantor. The buyer is often called the grantee. The grantor gives it to the grantee. The seller gives it to the buyer. The deed specifically says about what it gives to him and what the considerations are, usually something valuable from a few to a thousand dollars, a car, and jewelry, about anything that has value. It doesn’t necessarily have to be money. But usually, the deed says $10 and other valuable consideration.
Aside from the legal description of the property and the valuable consideration the property was transferred to, it has the seller’s signature. ONLY THE SELLER SIGNS THE DEED. The buyer, you, has no business signing a deed. Then there’s notary information. Therefore, if the property was owned by person A, and person A bought it from somebody else, then person A has a document that does not have person A’s signature on it. It has the signature of the person he bought it from. When now person A goes and sells this property to person B, they need to draw up a brand new deed, which basically has the same exact things only that they change the name of the seller and the buyer. Now person A is the seller and person B is the buyer. To sum it up Person A is the grantor; person B is the grantee.
These are the very basic things you need to know about the deed. This is important to know as a Tax Delinquent Investor. Sometimes, we tend to look at the big picture and see the profit at the end of the rainbow, yet we fail to hone in the minute and mundane details. Being observant and knowing of these things can help speed up the process and anything that can speed up the process of the sale can help in getting to the end of the rainbow, the pot of gold of your Tax Delinquent Investment.
Previous Posts Jack Bosch on 10 Dec 2008
Right Questions, Right People
A list of tax delinquent properties is the hardest document to get from the county. Getting the list is necessary because without it, you will never know where to buy cheap properties. It is a challenge, often times, to find a county employee that will help you obtain the correct information.
Asking a series of questions will effectively lead you to the list because these county employees often will point your request to another person, who most probably has an answer.
Some typical responses you may get initially are, “sorry, we don’t have such list here,” “sorry, I do not know what you are asking,” “sorry, we do not have them right now,” such properties had just been sold,” “they are not delinquents anymore because we already have collected payments,” “all liens are sold.” Either the county employee does not understand or just really does not know or would not give you the list or is unmotivated to look for the list.
Either you recast your question (do you have the list of all property owners who have not paid their taxes, including those previous years) or ask another question (does your office know who are tax delinquent? do you know who does not pay taxes? Do you send them letters?).
Immediately ask questions like, “Who sends them letters? Who identifies those people who do not pay taxes?”). In such, these county employees will direct you to the right people who know your questions and will give you access to the list. They could be the assessor, treasurer, IT guy, recorder, documenter, clerk, the tax department officer or sometimes a sheriff department.
Just ask, ask a volume of questions, ask the right questions and you will get the list in time.
Previous Posts Jack Bosch on 08 Dec 2008
The Jack Bosch Live 3-Day Seminar on DVD
The Jack Bosch Live 3-Day Seminar on DVD
This seminar was THREE FULL DAYS in Phoenix, Arizona.
It took place at the Hyatt Regency Downtown Phoenix, 10/31 – 11/02.
The seminar was professionally filmed and edited and has been put together in a DVD set.
What the DVD set covers?
- 3 full days of myself and my personal CPA teaching you how this business works and answering your questions.
- In-depth Q&A sessions. – Live Questions from real students just like yourself
- How to Structure you business for success
- New case studies you’ve never seen before.
- Wealth building mindset
- How to outsource the steps of the Land Profit Formula
- Advanced Tax Structures
You’ll be totally immersed in this powerful DVD set!
Previous Posts Jack Bosch on 02 Dec 2008
Paving the Way to Financial Success
For most, it’s better to leave a few baggages behind to be able to move on from the past to the future than bringing the entire emotional or even material load from the past. That’s why its good to be on a look out for divorced couples; that most of the time decide to let go and leave things behind (including their properties) to start a new. The good thing about it is that they want to get rid of whatever reminds them of their exes as fast as they split up so imagine the cost of their then conjugal house if both (or one) decided to put it up for sale. Definitely way LOWER than market price, like they’re practically giving it away.
The sooner the owner wants to get rid of their properties the better. Prices sometimes would reach as low as 10-15% of the market value and if you’re planning to start on Tax Delinquent Investments, Divorcees are one of the easier groups to target for their properties.
In my website: http://landforpennies.com/secretsrevealed everyone is invited and encouraged to participate on how to save and earn more on their real estate investments. There are loads of tax delinquent properties up for sale at prices lower than you can ever think of. I provide you with material that can help you turn your property investments into gold.
So you’ve been earning quite more than enough and want to invest your money’s worth on something substantial and can always guarantee a win-win situation. Your investments will surely be providing more cash flow in to your bank account. Definitely check out http://landforpennies.com/secretsrevealed
and be amazed at the kind of fortune you can acquire from purchasing tax delinquent properties.
Tax delinquent properties are usually up for sale lower than they’re market value. That’s a great deal considering you’re saving up to 90% of what you could be paying in some investments. You can then turn around and sell these properties for prices a tad bit lower than market value, so you can be at par with the tax delinquent investment competition. With that you can sell faster so you’re actually earning more and who wouldn’t want that.
I don’t only encourage people to invest in tax delinquents properties and use it to their advantage but I also help people find the perfect properties for investments at insanely low prices. I provide the whole picture to better equip your Tax Delinquent Investment Business for success. You, too, can make a fortune in Tax Delinquent Investments as long as you learn the tricks of the trade.
Properties are and will always be good investments so why not put your hard earned money into it. There are easy steps on how to make all of that possible. With Tax Delinquent Investments, you can drive your financial success depending on how much effort you are willing to exert in getting the right information. Money definitely comes easy with Tax Delinquent Investments, but it’s only easy if you have done the necessary steps to ensure a smooth road to pave its way.
Previous Posts Jack Bosch on 01 Dec 2008
CONVERSATIONS WITH A TAX DELINQUENT PROPERTY OWNER
There is a designated time for everything. There is a time to sow and a time to reap. Also, there is a time for work and a time for rest. We cannot force things to ripen for everything has its own time to be at its best. In the tax delinquent investment industry, we learn the value of perfect timing. In this business it is important to know that there is a 15 – 20% chance that delinquent owners want to sell and there is a 2-4% chance that they will absolutely need to sell. We don’t have to force the sellers to want to unload their property or impose anything. We can contact them when the time is right. When you have established the perfect time to contact the owner send them a letter.
The owner that feel that the right time to sell is now will call you. Nothing beats a situation where the property delinquent is the one phoning you. This way they are practically handing you their Tax Delinquent Property. At any rate, when you finally have them on the other line, simply remember to be in tune with their tone of voice. Through that, you will be able to sense if he or she is being sincere or sarcastic. Always speak with a positive tone by using “Yes” words or positive re-enforcements. Don’t be scared in telling them what you think. This is your opportunity to be honest and sincere, they will be able to tell that from your voice. Don’t be worried about property values , just yet – this is your chance to increase your credibility and trust worthiness. You may close the deal with them in time. We are not in the business to make people upset. We are in the business in finding people that do not want their property any more and to be chosen to be the one to unload these to. So, try to have and maintain a pleasant conversation with a tax delinquent property owner.
You should learn the value of perfect timing. We can’t be intimidated or overconfident with ourselves. Everything has to flow naturally. Having a great conversation will help us reach our ultimate goal. Learn to be conscious with your voice, intonation and selection of words. Try to be respectful to the seller. Perfect timing will be easily attained if you know how to decipher the signs. By sending letters to delinquent owners, you will be increasing your chances of finding the perfect time to contact the owner. Remember, it is how we project ourselves that helps us close a deal and using perfect timing tops it all!

