The Rogue Investor Report: Take Control of your Financial Future!

January 2009

SUPER INVESTING newsletter series
Part 1: One of the Most Important Numbers in Your Life: Your Credit Score
Part 2: Business or Investing?
Part 3: Foreclosure Fortunes in Missouri
Part 4: Are you Looking for a Sanctuary in the Current Economic Uncertainty? NEW!

Show Me the Tax Liens and Foreclosures

Dear Rogue Investors,

In the movie “Jerry Maguire,” one of the most famous lines and my personal favorite is “show me the money.” We all think it, but wouldn’t you just like to scream it out sometimes? In case you never saw the movie, here is a You Tube clip: 

www.youtube.com/watch?v=OaiSHcHM0PA

In the early 80’s, a cute elderly lady became famous in a Wendy’s commercial for the line “Where’s the beef?” Again, this is really the same thing stated a little differently:

www.youtube.com/watch?v=Ug75diEyiA0.

Why are these lines so famous? Well, it’s partly because of marketing, but really because we hear it loud and clear. We have experienced it and we can certainly relate to it.

In business or investing we really want to say: “show me the money” or “show me the wealth.”

 

Welcome to Rogue Investor’s 1st Annual Show Me the Wealth Conference in the “Show Me” state of Missouri . Start making your travel plans now for August.


The only purpose of this event is to “Show You the Wealth.”

Why is this conference any different?
 
  • Because I am going to personally show you how to invest in tax liens and then take you to a live tax lien auction. 
     
  • Because I am going to personally show you how to invest in REO foreclosures and then we’ll go find you one.  
  • Because I am going to show you how to create a cash-flow website or optimize your own at almost no cost.  
     
  • Because I am going to show you how you can create a business LLC and give you all of the forms and paperwork necessary to create it.  
     
  • Because I am going to show you how to use your IRA money to invest in tax liens, foreclosures or set up your own business.  
     
  • Because I am going to show you how you can get government money for real estate and business, including the new stimulus money.  
     
  • Finally, I have invited experts in credit, government grants, business psychology, business structures, tax planning, website businesses, and retirement accounts.  

Now more than ever is the time to be your own boss and own your own business or start real estate investing.  

Sign up before Pacific time, July 31, 2009 and receive a $1000 discount off the normal price of $2997 for the conference, plus I will let your guest attend for free.  

Here are the details:

Regular Price (starting August 1, 2009 ): $2997

Early Signup Discount: -$1000 – New price $1997

Your guest attends FREE

Your price per person is $999.  

Sign up by calling 913-381-4520 or visit http://www.rogueinvestor.com and click on the “Show Me the Wealth” link.

Update on the 10-10-10 Foreclosure Plan 

We’ve had a great response so far to our 10-10-10 Foreclosure Plan, and we are actively buying income-producing properties for several investors. If you are interested in a cash-flow opportunity, don’t miss out.  

Just yesterday there were 280 new foreclosures
in the KC market in the price range of $2,000 to $10,000. 
 
 
The 10-10-10 Plan is very simple to understand and it can make you a lot of money.  
 
We find you an income-producing property, typically a foreclosure, and we negotiate the price down dramatically. In return, you pay us a 10% finder’s fee. Our goal is to save you more than 10% so your fee is free. In addition, we will do our best to find you a property that is at least 50% below comps for the area.  
 
We have inexpensive and competent contractors on hand and ready to fix up your property to get it in rentable shape or make it suitable for government programs, such as Section 8. Our experience over the last year has shown that our contractors are at least one-half of the cost of other contractors. For managing any fix up or rehab, we charge 10%.  
 
The final 10% is for rental management. We will manage the rental, occupancy and collection of rents to keep the hassle factor down as low as possible. For anyone who has managed rental properties, you will recognize that this nominal fee is well worth it.  
 
Furthermore, your risk is greatly reduced because we screen each property and provide estimates of any rehab costs and ongoing expenses. We work with you one on one, take pictures, get quotes, and speak to the city all before you sign on the dotted line.  
 
Upcoming Tax Lien and Tax Deed Sales 

Lake County
, Indiana
Treasurer's 01 sale (normal) = July 14-16
http://www.sri-taxsale.com/Lake  

The 01 sale (normal) will be held on July 14 and has a one year redemption period. All properties where a lien is not sold the tax sale certificate will be issued to the Commissioners. They may sell the certificate at a later sale and the redemption period is 120 days after their sale. 

Lake County , Indiana Treasurer's 02 sale (vacant or abandoned) = July 21-23
http://www.sri-taxsale.com/Lake  

The 02 sale (vacant or abandoned) will be held on July 21 and properties sold on that sale will have a 120 day redemption period. All properties not sold on this sale will be then become the responsibility of the Commissioners.

Union County , Indiana Commissioner Deed Sale = July 2-12
http://www.sri-taxsale.com/Commissioner/Union/Default.aspx  

Dekalb County , Indiana Commissioner Deed Sale = July 2-12
http://www.sri-taxsale.com/Commissioner/Union/Default.aspx     

Owen   County , Indiana Treasurer's Tax Lien Sale = September 1
http://www.sri-taxsale.com/TaxCalendar2009/TaxDates.aspx?id=60 
 

Grant   County , Indiana Treasurer's Tax Lien Sale = September 17
http://www.sri-taxsale.com/TaxCalendar2009/TaxDates.aspx?id=27
 
Carroll County , Indiana Treasurer's Tax Lien Sale   = September 22
http://www.sri-taxsale.com/TaxCalendar2009/TaxDates.aspx?id=8 
  
Kosciusko County , Indiana Treasurer's Tax Lien Sale = September 22
http://www.sri-taxsale.com/TaxCalendar2009/TaxDates.aspx?id=43 
 
Parke County , Indiana Treasurer's Tax Lien Sale = September 23
http://www.sri-taxsale.com/TaxCalendar2009/TaxDates.aspx?id=61 
 
Visit SRI Incorporated's website at http://www.sri-taxsale.com/Default.aspx for a calendar of additional Upcoming 2009 "A" Tax (Treasurer's) Lien Sales (see right-hand margin of web page) throughout the year.
 
Washington , D.C. Tax Lien Sale = September 9-11
http://otr.cfo.dc.gov/otr/cwp/view,a,1330,q,594443,otrNav,%7C33288%7C,,.asp 
  
Boise County , Idaho Tax Defaulted Properties Auction = July 25-28
http://www.bid4assets.com/storefront/?sfid=481  
 
San Bernardino County , California Tax Defaulted Properties Auction = August 8-10
http://www.bid4assets.com/storefront/?sfid=482  
 
Lake County , California Tax Defaulted Properties Auction = August 21-27
no web page as of this date
 
Washtenaw County, Michigan Tax Foreclosed Property Auction = tentatively scheduled for September 16
http://www.bid4assets.com/storefront/index.cfm?sfID=86 
 
U.S. Foreclosure Update
 
The state of California imposed a 90-day moratorium (starting June 15, 2009 ) on all foreclosures as part of the new California Foreclosure Prevention Act. The law requires that lenders prove they tried to modify a borrower’s loan before initiating foreclosure proceedings. The new law:  

1. Imposes a 90-day foreclosure moratorium to allow distressed homeowners time to work out loan modifications with their lenders.  

2. Allows lenders to avoid the moratorium if they have a comprehensive loan modification program based, in part, on criteria set forth by the Federal Deposit Insurance Corporation. Loans may be modified several ways, including interest rate reductions, extension of the loan term, or principal reduction. 

3. Provides oversight and accountability by requiring regular reports to the legislature on loan modifications and foreclosure reductions, and coordination with appropriate state regulators.  

What does all this mean? First, many lenders are exempt and foreclosures will not actually stop, but probably just be slowed down. 

International Property Update 

Mexico has recently been feeling the pinch of a drop in tourism related to the Swine flu scare, a drop in incoming money from families living abroad (12% less in August, the largest drop in many years), and most importantly severe declines in oil and gas revenues. This could mean great deals on properties, but it will likely result in greater risks. You decide.  

Happy Investing, 

Michael Williams
1-913-381-4520 (Office)

 

 

 

 

SUPER INVESTING newsletter series
Part 1: One of the Most Important Numbers in Your Life: Your Credit Score
Part 2: Business or Investing?
Part 3: Foreclosure Fortunes in Missouri
Part 4: Are you Looking for a Sanctuary in the Current Economic Uncertainty? NEW!