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Updated 3 days ago on . Most recent reply

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Callie Mahoney
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Sheriff Sale Tactic

Callie Mahoney
Posted

Recently saw a company at Sheriff Sale buy a property under a "real estate coaching LLC". Is this a good tactic to appear like a ‘good guy' on paper? Is this unethical?

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Bill B.#3 1031 Exchanges Contributor
  • Investor
  • Las Vegas, NV
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Bill B.#3 1031 Exchanges Contributor
  • Investor
  • Las Vegas, NV
Replied

A good guy to who? Their competitors don’t know or care. The person losing their home doesn’t care if it’s bought a charity or the devil himself.  Heck, personally when they go to sell I’d be less interested in buying from them.  It’s obviously a flip. Either by someone more interested in coaching than real estate and might cut corners (to make their coaching numbers look better.) Or doesn't know what they’re doing. 

Either way. No. It's not called that to be the good guy. Either an LLC they already paid for, or a form of advertising would be my 2 guesses.

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