cash for keys: NOT PAY A MORTGAGE FOR FIVE YEARS? - 06/06/14 07:28 AM
This subject always intrigued since the seventies which is when I became familiar with those that late pay. I had a chance to work with hard money lenders, underwriters and to manage a large assortment of income properties. The income from these investments was important to keeping the operations thriving
RENT WAS DUE ON THE DUE DATE
When rent became due, a person under contract had 24 hours to make the payment on the day due or the next day they qualified as being delinquent and subject to late charges too. A good manager tries to reduce the work load to low maintenance by running a hands-on … (9 comments)

cash for keys: WEAK BANK ALLOWS GUTSY REAL ESTATE SCAM - 06/29/12 07:19 AM
I recently lost a listing, short sale to be exact to the bank. Despite the 15 months on the market, the several offers and 4 BPO's, I couldn't convince this lender to take a deal. Right before I lost the listing to a trustee sale, I got a flurry of activity on the property. I counseled everyone calling to sit tight until I heard back from the bank
WOLF IN SHEEP'S CLOTHING
It turns out that one of my inquirers contacted the bank and stated that they live in the home (it was vacant) and that they have a lease signed by … (10 comments)

cash for keys: TRUSTEE SALE AUCTIONS................HAPPINESS & SADNESS.......? part 1 - 06/18/10 08:46 AM
Almost every day in my neck of the woods, on the county courthouse steps, you will find a group of people. They have phones, laptops, special chairs with built-in umbrellas  and remain.....very aloof. They are in constant contact with others as they sit and wait for the trustee sale to begin....put on your poker face....

 COME AND GET IT.......THE NEW WAY TO PURCHASE A HOME
They will eyeball you when you pass by them or join near them. You are being sized up as a potential bidder against them....a threat to their mission.......which is to steal a piece of … (4 comments)

cash for keys: TRUSTEE SALE AUCTIONS................HAPPINESS & SADNESS.......? part 2 - 06/18/10 08:46 AM
We learned about the Trustee sale process and what is involved to some degree in the doing of it......as explained in part 1. Now, here is what happens after the property is turned over............
GET RID OF ALL THE OLD STUFF.....YOU NOW OWN THE PROPERTY
When the property is in the hands of the ones who purchased it, they will either move in or FLIP it.......Most are being flipped. You can expect a profit if all goes well of 30%-50% or more on your money returned to you within 6 months time. This can be more or can be less.....there are … (0 comments)

cash for keys: EVER KILLED YOUR OWN CHICKEN.........EVICTIONS UP CLOSE...NOT PRETTY - 04/20/10 08:22 AM
When you are involved with something first hand....it takes on a new and more deeper meaning close up. Just like you are used to buying meat at the grocer....all neat, pretty and clean while it's being presented at its best...someone (s) had a hand it bringing it to that point. Let the reader use their imagination here.  Reverse engineer the process (right back to baby chicks...how cute) and it takes on a different meaning........now that I have your attention my subject is..............
EVICTIONS
As a property manager..... for years, I have seen my share and then some.... of seeing someone being … (7 comments)

 
Richie Alan Naggar Author PEARLS SERIES of books, on LIFE and LOVE plus Real Estate too! (People first then business! Ran Right Realty Riverside, Ca) Rainmaker large

Richie Alan Naggar Author PEARLS SERIES of books

on LIFE and LOVE plus Real Estate too!

Riverside, CA

More about me…

People first then business! Ran Right Realty Riverside, Ca

Address: 4850 Palo Verde Lane, Riverside, Ca, 92501

Mobile: (951) 201-5951

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