Mechanic's Lien - Posted by James

Posted by Mike Daly on February 10, 2002 at 19:07:53:

Joe Kaiser has a course on making money with mechanic’s liens that is pretty good on this website.

Mechanic’s Lien - Posted by James

Posted by James on February 08, 2002 at 23:40:59:

I’m pretty new to all this paper business.It does sound interesting however. I have a question. What does the term
Mechanic’s Lien mean.Nothing to do with a car right?Is dealing with this type of paper a good money maker.
Any help would be greatly appreciated.

Re: Mechanic’s Lien - Posted by Bruce Wilson

Posted by Bruce Wilson on February 09, 2002 at 21:59:47:

If a home owner hires work done on their house and then doesn’t pay, the contractor can put a mechanics lien on the house.

Good paper? Bad paper? Done right, it is profitable.

A good education is a lot less expensive than a costly error. Make sure you don’t buy into something you don’t understand.

Bruce Wilson