Thoughts? Questions? Please post your comments below and I'll reply personally.
Be sure to hit the like button or shared this video with anyone whom you think might benefit.
See you in the next video!
-- Jack Bosch, Founder, Forever Cash
Be sure to hit the like button or shared this video with anyone whom you think might benefit.
See you in the next video!
-- Jack Bosch, Founder, Forever Cash
WHEN BUYING TAX DEEDS. AND U ARE PAYING FOR THE TRANSFER TAX DO U PAY ON WHAT U PAID FOR IT OR THE VALUE OF THE POPERTY
Hi there,
when buying Tax deeds at auction you pay whatever the highest bid is plus an administrative fee.
you DO NOT pay what the property is worth (that would be a retail sale) but instead it’s an auction where the high bidder wins.
if you buy property Tax Deeds over the counter, you end up paying the outstanding back taxes plus a small fee. It’s not the “transfer tax” but the non-paid Back taxes plus a small administrative fee. Hope that explains – Jack
video 3 isn’verningg observedt working either. ?? are you closed on sundays? LOL
Hi there,
actually yes we are closed on Sundays and saturday’s too :). but that doesn’t explain why the video doesn’t work.
but we will only be able to look into this on monday and check on it
Jack:
Well, I’ll give you credit for creating income for yourself, but the videos and advice you’re selling is OLD NEWS. Literally decades old. I’ve been doing all this stuff, with the exception of buying taxes because of the cash outlay and you leave off a lot of the reality of doing this stuff. Swap meets and flea markets take huge amounts of time and energy, as well as equipment like tables, a trailer to haul everything, setting up, tearing down, and on top of that having done hours and hours of research to try to set prices on your items. I’ve bought hundreds of properties, from single family houses to multi-unit apartment buildings and the one thing that makes or breaks the deal is the PEOPLE you rent to. Do all the back ground checks you want, but the monthly ‘profit’ you make can be wiped out with a single tenant trashing the property because you’re the ‘rich’ landlord who they’re mad at because they owe you rent. I’ve got over $200,000 in small claims judgments in a file cabinet that I’ll be amazed if I ever collect.
I still flip houses by doing short-sales and that’s really about the only item in your material that I agree with. Trouble is, unless you have your own cash to buy the house, you either have to have great credit, and put 20% down, or use a private hard money lender. They’re expensive and at the end of a deal you might walk away with $5000 after 6 months of work. If you have enough deals in your hopper, that can give you a life, but not forever cash.
I understand the reasoning and the IDEA of forever cash, but sorry to say you’re about 10 to 20 years behind the curve. I think the only real ‘idea’ you’re presenting that can produce constant income are the e-books. I’m writing several and am learning about how to market them and re-write them as ‘new and improved’ over the years. I don’t want to sell crap, so I’m picking subjects that I believe will actually benefit people both financially and intellectually.
Kudos for getting me to pay the shipping and handling for your book. I look at hundreds of ‘great’ ideas, but rarely put out any money for them because of the same reason I mentioned here…..they’re just recycled information with today’s wording. Somehow you got me to bite….. I’m going to think about that for my own ends. Maybe that alone will make it worth it.
Steve P.
Steve ,Did hit a home run,Any new suggestions?