All Forum Posts by: Steve Babiak

Originally posted by NC Mark:

Where I'm at they tack the notices up on big bulletin boards in the courthouse foyer.

If you hide around a corner you can watch the sneakier investors remove the notices for their own benefit.

What a system......

Same thing happens around my area, except that they post a stack of those notices, so removing one is quite welcome. Removing the whole stack from any single posted property is something I have not yet seen.

You should look at the actual deeds involved, Quite likely, each parcel has its own deed that spells out the bounds; if that's the case, then you would have to stick with those boundaries, or go through the things that Ralph mentions if you really want to make some changes.

Check the date on that OP - it's from 2007. And Abel / eagleone has a pretty low post count for 2 years. My guess is that he has left this site ...

Rich,

The package is still not here yet. My wife was there a few minutes ago and just called me to say still nothing yet. How did you send it - UPS, US mail, FedEx, etc?

Originally posted by nationwidepi:

...ability to get commissions on your own transactions and on referral transactions.
...

And many / most REO listings have something like "agent who is principal in the transaction receives no commission" or something like that. Basically, you get paid a commission, or you profit on the purchase - but not both; exact wording probably differs from what I wrote, but you should get the gist.

Originally posted by Marc Freislinger:

While we're on the topic of the dashboard, can we get a "more" button on the recent forum activity? People are too talkative and I cant keep up.

Marc,
You might prefer navigating the site from this starting point:
http://www.biggerpockets.com/posts/recent/filter

I think it will allow you to follow as you requested.

That owner would have to agree to sell it to you based on whatever terms are suitable. The loan company almost certainly will not disclose anything about the loan without prior (written) authorization from the borrower; in this case, the borrower and owner are one and the same.

Make a deal with the defaulted borrower if possible; otherwise you can buy at the foreclosure sale if you are so inclined (could be risky), or wait for it to become REO if nobody buys at the foreclosure sale.

Too early to phone citibank's reo dept - wait until it actually is an REO. And even then, good luck ...

Originally posted by Christopher Wolfe:

HA! Yes, that works very well. Thanks! So is there no way to search for a specific phrase in the forums from the BP search?

I really don't know that answer. That's a question better asked of and answered by Josh Dorkin. I just offered a workaround - and I'm glad it helped.

You might be better off trying Google :)

In Google, you can tell it to search a specific site with the 'site:' tag, so you enter something like this:

site:www.biggerpockets.com/forums/ "phrase you are seeking"

Post back here if it works or not, and vote the post if it works for you!

Originally posted by J Scott:

My advice to you (not that you asked)...get familiar with tax law, and never trust your accountant...

As much money as you can make in your business, a good accountant can save you most of it and a bad accountant can get most of it taken away...

JScott,
Sounds like a page borrowed from Rich Weese.
http://www.biggerpockets.com/blogs/575/blog_posts/2452-decrease-your-income-taxes-with-these-hints

http://www.biggerpockets.com/blogs/575/blog_posts/2749-obstacle-4-the-largest-wealth-eliminator-taxes-

But I agree with your good advice too.