We all suffer from “paralysis of analysis” at one time or another, where we are reluctant to go forward with something until we know all there is to know about it.
The problem is, with most things that are worth pursuing, we’ll never know all there is to know about it. And the best way to learn what we need to know is to get started doing it. Tax Lien Investing is no different. Many would be investors never get started. Oh, they buy all the programs and ask a lot of questions, but they never feel they know enough about it to start. They get paralyzed by the fear of the unknown.
But tax lien investing is not rocket science and you don’t need a college degree, or even a high school diploma to make money at tax lien investing. So how do you know that you know enough to get started? Or, if you’ve already started to invest in tax lien certificates, how do you learn what it is you need to know to protect your investment? From what I’ve seen in the industry, and from the questions that I’ve gotten from subscribers to my web site, I believe that there are three different stages of knowledge or learning about tax lien investing that the investor needs. But you don’t have to go through each of these learning stages before you know enough to get started. Continue reading
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