What’s holding you back from building your profitable portfolio of tax lien certificates or tax deeds? Could it be any of the following reasons?
- I don’t know how to start
- I’m afraid that I’ll loose my money
- I don’t know if I have enough money
- I don’t know enough
- I don’t know about the risks
I had these same concerns when I got started, but being the risk taker that I am, I just jumped right in and learned as I invested. Did I loose any money and make some bad decisions at first? Yes I did, but because I invested very little money to start, my learning curve was minimal and I made up any money that I lost very quickly.
Do you need any special background or education in order to invest in Tax Lien Certificates? In order to answer this question for you, I’d like to tell you a little bit about my background and how I got involved in tax lien investing. I think that when you hear my story you’ll realize that you don’t have to be a millionaire in order to invest in tax lien certificates or tax deeds and that you don’t need any special education or background in order to get started.
I’m not a millionaire yet and I wasn’t when I started to invest in tax liens. But I do have something now that I didn’t have before I started doing this, and that is a positive net worth. I didn’t have a positive net worth before I started investing in tax liens. So, how did I get started?
What is tax lien investing anyway and why is it such a good investment? What is the difference between tax liens and tax deeds and what are some of the misconceptions about them? Read on the find the answers to these questions…
Counties and municipalities depend on money from property taxes to meet their budget. When property owners don’t pay their taxes, the county or municipality will sell the taxes to an investor at an auction. The investor is not buying the property but paying the taxes on the property and putting a lien on the property. Why would an investor want to do this? Two reasons; first they are getting a good interest rate on their money and secondly a tax lien comes before most other liens, so the investor is likely to get paid on their investment.
In this first episode of the Tax Lien Lady’s Tax Lien Investing Tips podcast you’ll learn just what a?tax lien is. Joanne Musa, the Tax Lien Lady, exposes the truth about tax lien investing – what it is and what it is not. Learn why tax liens and tax deeds?are such a good investment. Learn the difference between tax liens, tax deeds, and redeemable tax deeds. Want to know what some of the misnomers and misunderstandings are about tax liens and tax deeds? Just click on the link to listen.
For more information about Tax Lien Lady’s 8 week telecourse on how to Build Your Profitable Tax Lien Portfolio click here. To find out more about Tax Lien Lady’s State Guide click here.
Happy and Prosperous Investing,