The IRS claims that that Americans owe $345 BILLION in unpaid taxes. Bob Bauman (www.sovereignsociety.com) makes the obvious point: “If they’re unpaid, how can the IRS know what they owe?” Just before April 15 each year the IRS attacks anything that sounds like a tax shelter. And the press dutifully reports it. Back on the …
BY TOBIAS PRESTON “You can shear a sheep every year but you can only skin it once.” M. S. Garrison, Utah real estate investor “He who has the gold makes the rules.” Unknown Part One of a Two Part Series-Overview of Private Investors. I’m Tobias (Toby) Preston, President of McKinley Mortgage (MMC) www.mckinleymortgage.com and the …
Using Private Investors To Fund Your Cash Flow Note Business, Pt. I Read More »
http://www.familysecuritymatters.org/publications/id.6141/pub_detail.asp
by John W. Moren The seller-financed mortgage industry (a.k.a. the cash flow business) is again at a crossroad. Twenty years ago the business was a cottage industry dominated by broker-investors with real estate backgrounds working from home offices. John Behle (jbehle@papergame.com) taught how to run a profitable mortgage business using private investor money. A few years …
Brokers at the Crossroad: The Return of the Private Investor Read More »
How many “bad debt accounts” do you have? How many of these do you expect to ever finally collect? Actually, the reason most “bad debts” are never collected is because the holder of the bad debt eventually forgets about them because of the collection effort, or else simply writes them off as another income tax …
by Lorelei Stevens As a buyer of seller financed notes, you should have each transaction examined by a qualified attorney. But who is qualified? When you look for a lawyer to give counsel on your note deals, the best rule to follow is: Choose an attorney that buys notes with their own money. I am …
I just found Sherman Skolnick’s website. I became friends with him when I did a radio show in Chicago in the 70s. Sherman was one of my most frequent guests. He spent all of his time digging up truths that politicians wanted to keep buried. He’d then do everything he could to publicize his findings. …
“I would like to know where I can get a mailing list of of owner-held notes.” I am asked this question frequently. Mailing solicitations to note holders offering to buy their notes is not a marketing method I recommend to everyone. It is very labor-intensive and expensive. If you don’t know much about direct mail, …
12 Questions To Ask Before You Rent A Mailing List Of Note Holders Read More »
This is something you won’t see on CNN very often, if ever again. I suspect Jack Cafferty will soon get the Lou Dobbs treatment (tossed out the door). Anything to the right of Stalin isn’t PC at CNN: http://www.youtube.com/watch_popup?v=A6_xgKWzhRw
(Kitty Werthmann is a real person. Just Google her for other works.) Kitty Werthmann told a powerful story about what it was like growing up under Hitler: What I am about to tell you is something you’ve probably never heard or will ever read in history books. I believe that I am an eyewitness to …
Those Who Ignore The Lessons Of History Are Doomed To Repeat Them Read More »
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