Can you really make a 7 percent return on your money in only 6 months with tax liens?
One of my newer students, Satomi B. from Brooklyn, NY did. She got a 7 percent return on money that she invested last December. She bought 14 tax liens that all redeemed by June of this year! By the way, Satomi doesn’t even drive! She took the train and bus to go to tax sales in different areas of New Jersey from her home in Brooklyn, NY. Just watch the short one and half minute video below and listen to her tell her story.
It just goes to show that yes you can still get decent returns on your tax liens, even in very competitive states like New Jersey, IF you pick your tax sales, and the properties you bid on carefully. In fact, she got most (but not all) of her tax liens at 18% per annum. If they were held for at least a year, she would have got a double digit return on her money. But hey 7% in 6 months is nothing to sneeze at when you can’t even get 2% in a savings account at the bank!
She had never invested in tax liens before. Just to be totally transparent, she did get her husband to drive her to see some of the properties in the larger sales before she bid.
Are you ready to profit from investing in tax liens? Find out about the Get Profitable Tax Liens Mentoring program at http://GetProfitableTaxLiens.com.
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