NEXT FIELD TRIP - Register - Get your Invitation: http://jeannorton.com

Sunday, January 13, 2013

So What Happens to Properties Acquired During Fraud?

There are times that some information is just so powerful, so informative that I withhold those calls ONLY as a bonus for those that come to the "Rehabbing Remotely" Field Trips (Next one coming in Florida, February 22-24).

I debated a little on this one, because it was a critical week in real estate investing for me.  I was presented with a deal on properties that were circumspect to say the least.  Some of my advisers said to run as far away as possible, while the people presenting the deal to me were very trustworthy.

The bottom line, these properties were toxic, as was a result of fraud.  The fraudsters in jail, and the bankruptcy court ordered the sale of the properties, yet when researching the properties, many were owned by the local government due to past taxes.  You really need to listen to this call. 

You can listen via podcast (instructions on previous post) or you can CLICK HERE.

No comments:

Post a Comment