Beyond The Basics For Tax Lien Investors: What You Need To Know And When You Need It

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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Monday Motivation: A Daily Dose Of Love

Here’s another inspirational pep-talk from my friend Arnfried Lien-werner of Be Motivated Today.

Almost everything is available via the Internet. Yet the most important thing — love — is not.

It is only available in relationships with people. We all need it. Not just from one or two people. We need to receive it from those we deal with on a daily basis. Sometimes receiving a dose of concern or care and empathy, just when you need it, is just what “the Doctor ordered”. It makes you feel like a million Dollars. Then you feel you can face the next difficult client or work challenge. A bit of love is an unexpected boost that helps your to perform your responsibilities more enthusiastically.

Now we could all use more of it, every day.
When we start loving others – treating them as if it were their birthday – some catch the hint and return the favour. But, if we wait for them to start, we may wait forever. Continue reading

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Questions About Maryland Tax Sales

question about Maryland tax salesI received an interesting question about Maryland tax sales from a subscriber who downloaded information from one of the Maryland county web sites.

In the information that they downloaded it had the date and time for their next tax sale but it specifically said “we do not sell liens.” This was quite confusing since Maryland is a lien state and there was no mention of deeds or redeemable deeds. In fact everything that was said regarding the procedures for the tax sale led me to believe that they were indeed selling liens and not deeds, so I had to call the the Tax Office and speak to the tax collector for a while to find out what the story is. Continue reading

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Monday Motivation

Here’s another motivational Pep-Talk from my friend Arnfried Klein-Werner of Be Motivated Today:

If It’s To Be, It’s Up To Me!

Don’t wait for others to work on your challenges. They won’t. They couldn’t care less. OK, not fair, I know. Some may really care. But the person who cares the most, is you.

Do something. Don’t let one more day go by without taking control and working towards a solution to your frustration. You can. You have the potential. You are not destined for frustration, but for success. Continue reading

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Have You Heard About Hooked On Overages?

Hooked On Overages is the original course by my friend Rick Dawson on how to profit from finding people that are owed tax sale overages.

Let me explain…

When a property is sold in a tax deed sale, the price is bid up at the sale. The bidding may start at the back taxes and penalties, but it is bid up from there. Did you ever wonder what happens to the tax sale overage? That’s the money in excess of what is owed to the county. For example if the minimum bid amount is $2000, and the deed is bid up at the tax sale to $20,000, what happens to the $18,000 overage? Continue reading

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