This shouldn’t be free…I think
August 12th, 2010
Archive
Posts Tagged ‘John Michailidis’
Bloody, but unbowed
January 19th, 2010
Slowly But Surely
January 14th, 2010
I’m still in ROBOT mode and plan on being there indefinitely. Since I’ve ramped up my offers, I’ve got 1 more potential deal in the works. Just to give a brief synopsis of it, it’s a property that’s literally 2 blocks from the wholesale deal that I’m currently working. This property is listed and has been for a long time and for a price that’s way too high. Way too high when you have the intel that I do. And that is, after some research, I know the property is just a few months away from tax foreclosure. It’s been tax delinquent for 3 years and in the state of Illinois the owner has a redemption period of 2.5 years from the date of the first tax sale. Translation: this owner’s redemption period runs out by April 2010. Once tax-foreclosed, it’s a wrap for them. I hope to get in and seal a deal that get’s them a few bucks for moving expenses and that’s it. I’m not the type to take advantage of people, but this property location and it’s condition won’t allow me to do more than that. Hopefully, I’ll have some good news about that one soon.
Furlough Productivity
December 30th, 2009
Mo’ Work – No Money
December 19th, 2009
