What Is A Redeemable Tax Deed?

redeemable tax deedMaybe you understand the difference between a tax lien and tax deed. But do you know what a redeemable tax deed is and how it differs from a tax lien?

You might know that when you purchase a tax lien you are not buying the property, but paying the delinquent taxes, and putting a lien on the property. And if the property owner doesn’t pay the amount of the lien plus interest and penalties, in a given amount of time (the redemption period) you will be able to foreclose on the property. You might also know that when you purchase a tax deed, you are buying the property. But do you understand what a redeemable tax deed is?

What Is a Redeemable Tax Deed? Continue reading

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More Tax Lien Podcast Episodes…by Popular Demand!

tax lien podcastYou asked for it! New Tax Lien Investing Tips Podcast episodes. We were the only Tax Lien Podcast on iTunes since we started our podcast in 2007. I don’t know if we’re still the only one. All I know is I’ve had a few people ask me when we’re going to do it again.

When we first came out with our iTunes podcast, we published a couple of episodes each month. But then we got busy with all of our other activities and let our podcasts slide. I’m happy to report that we’ve started our podcasts again, after almost a year of no activity. You can listen to our latest podcast – and I know that you’ll want to take notes on this one. It’s all about my 5-point checklist for making money with tax liens or tax deeds. You can listen to the podcast HERE or look for Tax Lien Investing Tips on iTunes.

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The Best Ways To Make Money From Tax Liens

make money from tax liensThere are a lot of different ways to profit from tax delinquent properties. Although I’ve tried my hand at a few of these methods, I prefer to make money from tax liens.

Why I like tax lien investing…

I like tax lien investing best because I don’t have to do any negotiation with property owners, and I don’t have to deal with tenants, toilets, and termites, and I don’t need much money to start out with. There are different strategies for buying tax liens, but not all of them lead to profitable deals.

Here are the 3 ways that I’ve made money from investing in tax liens.

1. Buying tax liens at the auction – live or online
2. Buying tax liens from another investor (secondary market liens)
3. Investing in a tax lien fund

For this article I’ll focus on the number 1 way that I’ve made money with tax liens and that is buying tax liens at the auction – whether it’s live or online. I want to talk about this first because this is the very first method I used and I did this exclusively for the first few years. It was my experience of buying liens at the tax sale that gave me the knowledge I needed to successfully use the other 2 strategies.

And yes, when I started back in 2002, I did make some mistakes. You know what, that is how I learned how to do it correctly. I learned by my own mistakes and mistakes that I saw other investors make. I put together a step-by-step system that I followed in order to avoid those mistakes and profit every time I bought a tax lien certificate at the tax sale. I started  teaching this system to my students, and eventually I even wrote a book about it that became an Amazon best seller.

If you’ve bought tax liens and you haven’t made any profit, or worse, you’ve actually lost money on your investment, Or if you haven’t invested in tax lien certificates yet because
you’re not sure how to get started, then today I have something to help you. Something to help you make sure that you only invest in profitable tax liens whenever you go to a tax sale, whether it’s a live sale or an online auction.

It’s my Tax Lien Investing For Profit Checklist and you can download it free HERE!

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Get Returns Twice on Your Tax Liens!

Learn how you can get returns twice on your tax liens!

I’ll be hosting Rebecca Rice and David Xi for our next Wealth Building Webinar on May 2 at 8:30pm Eastern Time. Here is the registration link to attend the webinar live: https://zoom.us/webinar/register/WN_Y6Qnaz4uQmCipk1FlTqj_g 

Rebecca Rice and David Xi will show you how to have your real estate monies working for you two ways; both in a tax free account and in your real estate investments, utilizing the efficiency of every real estate dollar you employ in the market.  This strategy has been used for 200 years by the wealthy and has a proven track record to withstand any economic downfall in the economy.

This is the second time that I’ve hosted Rebecca and David on a Wealth Building Webinar. On that first webinar last summer they revealed how you could put your money into a special life insurance that earned significant interest, even on the money you borrowed from the account. With David’s help I was able to use this method to pay down debt and buy a car, and still on interest on the money I used!

In this webinar Rebecca Rice and David Xi will show you how to have your real estate monies working for you two ways; both in a tax free account and in your real estate investments, utilizing the efficiency of every real estate dollar you employ in the market.  This strategy has been used for 200 years by the wealthy and has a proven track record to withstand any economic downfall in the economy.

The Webinar is free for all to attend live, but the recording will only be made available to members of the Wealth Building Webinar series. You can find out more about Wealth Building Webinars at http://WealthBuildingWebinars.com.

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Tax Lien Investing Is Easier If Your NOT A Real Estate Investor

Here’s why tax lien investing is easier if your not a real estate investor? 

Real estate investors are concerned about the value of the house, or building, that is on a parcel. Even some tax lien investors have a formula they use, that the assessment of building or improvement on the property has to be a certain percentage of the total assessment value. They only want to purchase liens on properties that have a greater improvement assessed value than the land assessment value. They want to be sure that building is valuable, in case they are able to get the property.

That’s good, but here’s what they’re missing. Continue reading

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