You can type here any text you want

Crime pays well..... **A Must Read**

Welcome!

By registering with us, you'll be able to discuss, share and private message with other members of our community.

SignUp Now!
I would bet that what he did to those people was/is legal. Years ago I bought some get rich quick real estate info and it tells you exactly how to do what he did to people, I did not have the heart to do that, so I never did. You buy their taxes or loans and in the fine print say that they will be put out on their a$$ if they are ever one day late on a payment to you, but they will never be out from under your thumb until they lose their place to you. The longer it takes, the more money you make.
 
I would not hit the gavel, yet.........

Is that not what people do when they buy tax liens from the state? Lets say someone owes 5K in back taxes on their property. You can buy that lien for the back taxes from the state. Then you get a fixed interest rate on that money that is set by the state. If the owner does not pay you your money plus interest, the state will sell the property and you get your money. It is pretty much a guaranteed investment. In this guy's case, it looks like he is the one foreclosing. Maybe it is a specific state that allows him to foreclose instead of the state.
 
Back
Top