petejac1 replied to the topic Anyone planning on going to the US Mastermind Training? in the forum Overseas Deals 13 years, 6 months ago
I leave in 2 days to attend the Mastermind in May. I would highly recommend having as much done way ahead of attending. The timetable looks very tight so you need all your spare time organising deals and researching rather then setting up details. The first part is getting your ITIN as it takes the longest. Unfortunately mine took 7 months to…[Read more]
petejac1 replied to the topic Tax Liens/Tips/Resources/SMSF in the forum Overseas Deals 13 years, 7 months ago
My advice would be to look at some of Tommy's stuff online and if you are in Sydney go to the Mega Conference as I am sure he will offer another course on the subject.Ultimately a SMSF can invest in anything as long as the documents as part of the SMSF states this.
petejac1 replied to the topic Financing for investment properties non-US foreign investor. in the forum Overseas Deals 13 years, 8 months ago
Simon, back to your original question, I was talking to a Canadian friend who obviously had Canadian Accounts, went to the US to a NHL game who were offering a NHL Credit Card. As he had a Canadian Account and NHL is big in Canada they gave him a US Credit Card. Just a thought good luck!
petejac1 replied to the topic Looking for a travel companion to the US to find houses to invest in! in the forum Overseas Deals 13 years, 8 months ago
Adam send us an email on petejac1@tpg.com.au
petejac1 replied to the topic Tax deed sales in the forum Overseas Deals 13 years, 8 months ago
As per Steve's comments in '09 this whole experience of Liens and Deeds is fairly new for us Aussies. And as time goes on Steve and Tommy are finding a medium ground with the least amount of risk to inform us.Yes Deeds sound appealing but I can see their point as these houses are being sold against the owners wishers hence the great chance that…[Read more]
petejac1 replied to the topic Tax Lien Stories – how is everyone going with these? in the forum Overseas Deals 13 years, 8 months ago
Jay I find your comments amazing, do you realise what forum and website you are talking on?I have been following Steve McKnight for at least 5-6 years and followed his different investment strategies for most of this time. In regards to investing in Liens I know that he is directly investing his money into these liens as when I do my research on…[Read more]
petejac1 replied to the topic Tax Lien Stories – how is everyone going with these? in the forum More of an update and also 13 years, 8 months ago
More of an update and also something I learnt from the Arizona Tax Sales.I had 4 Liens redeem in Arizona and received the cheques today, 2 of these actually cost me $10 in fees as they redeemed straight away, 1 I received $0.60, another $3, and 2 again cost me $10 each.Look like I prefer Florida for the min of 5%
petejac1 replied to the topic Tax Lien Stories – how is everyone going with these? in the forum Overseas Deals 13 years, 8 months ago
We had 8 properties and got to a point where banks weren't liking us anymore, so wanted to look at other ways to go forward. Our revelation at the Mel Conference was the point of when to sell a property and look across our properties and made the decision to sell as many as possible as we felt that we had already received the full benefit from…[Read more]
petejac1 replied to the topic Tax Lien Stories – how is everyone going with these? in the forum Overseas Deals 13 years, 8 months ago
Thought I would share my experience in Tax Lien investing.After attending PI conference in Mel, we made a plan to reassess our investing strategy and liked the sound of the US and Lien investing. I then attended Tommy's course in Mel.Finally received my ITIN in Dec and set up the LLC and Bank account with Fifth Third Bank through Tommy.Throughout…[Read more]
petejac1 replied to the topic 2 Day Tax Lien Workshop in the forum Overseas Deals 14 years, 3 months ago
The IRS has a Phone Line that you can call to check the status of an Application. I called them maybe 2 weeks ago, and they said they don't even have it lodged yet. When I told her that it was probably lodged in June, she just laughed and said it can take 12 weeks, to be processed.
petejac1 replied to the topic 2 Day Tax Lien Workshop in the forum Haven’t received ITIN yet, 14 years, 3 months ago
Haven't received ITIN yet, can't wait to get it.Steve, if you are reading this I hope you can reply. I notice that one of your Tax Lien's has gone to Tax Deed Application. Just wondering how well it worked up to now? Did Ocean Glass contact you directly?Was their payment of your tax lien prompt?