140: Delinquent Tax Proof of Payment Strategy

Note MBA

Delinquent tax proof of payment strategy was a hot topic over on our Facebook page. Robert wracked his brain for a strategy and system to improve the way we handle providing proof of payment on delinquent taxes. And it would appear as though we've made some headway.

Deal Closings and Course Launching

It's been a ruckus past few weeks for the Note MBA team. We've had several closing, some of them from note deals - including a bit of wholetailing - a lot deal, and David closed on his flip. We take some time diving into the numbers and strategy of David's flip.

One of the key takeaways is that David did all the work himself. He even admits in the show that this probably wasn't the best strategy. After doing a little happy dance, he talks about how he picked it up as a HUD home. In the beginning he was living in the home while renovating, using a house hacking strategy.

He bought the home for $180k, after $20-25k in repairs, he was able to sell it for $283,000. So, first off, solid freaking deal. This obviously doesn't include his time costs. However, it gave him an amazing education in what it takes to do a quality rehab job. Going forward he'll be able to take that knowledge into numerous future deals.

Today is also the launch of The Note Investing Academy. This is, without a doubt, going to be the premier course for note investing education. We've been planning it for months, working with the input of numerous other investors - including two additional "instructors" for the course.

The course itself currently includes over 60 video modules that cover everything we could think of, and have encountered in the business. And that word currently is important. We know that things changes, and that there is always something for to expound upon. So, one big aspect of the course is community feedback. We're committed to listening to feedback from everyone that takes the course.

We will continue to add to the course, and improve upon it as time goes on. We're very excited about the the launch, and if you pick it up in the first 5 days you'll get $500 off.

Delinquent tax proof of payment strategy

It all started when Robby needed to get proof of payment over the FCI, so that he could add as a corporate advanced expense delinquent tax payments. It was like banging your head against a wall to get the proof over to FCI. Enter into the picture the delinquent tax proof of payment strategy.

With the payment slip, proof showing on the county website FCI still wouldn't move on it. So, Robby thought of a genius strategy to overcome this issue. He sent a handwritten note, a self addressed & stamped envelope, and a forever stamp to the county. And wouldn't you know it, it worked.

To see how we've moved to systematize this take a listen to this week's episode, right around the 21 minute mark.

That’s it for this week! Thanks for listening everyone and as always, if you have any questions, comments or potential deals to send our way, email us at [e-mail].

Listen & Watch this Week’s Show to Learn:

• Closing Deals All Over The State Of Florida
• A New Note Investing Education Course Debuts
• An Interesting Facebook Content Strategy
• Delinquent Tax Proof of Payment Strategy
• And much more!

Featured on the Show:

• Note Investing Academy
• Simon Sinek Video
• David's Facebook Page
• Note MBA Facebook Page
• Due Diligence Pro
• Hardwiring Happiness

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Thanks for listening to our show! We’ll be back next Wednesday morning.

Cheers,

Chase & Robby