Thanksgiving Tax Sale Success

Posted on November 24, 2022 by Joanne

I want to take this opportunity to say Happy Thanksgiving to everyone in the U.S. I hope that you enjoy your long weekend.

And I want to ask you, how would you like to Thanksgiving tax sale success? Like checks in your mailbox on the day before or day after Thanksgiving from tax lien redemptions!

Well, it might be too late to get Thanksgiving tax sale success this weekend, but I can certainly help you get that kind of mailbox money in the next 6 months! That is if you start investing in tax liens now.

Here’s what I know…

A lot of tax liens will redeem in the spring.

Why?

Because that’s when a lot of people get their tax refunds. And December is a busy month for tax sales, especially in one of my favorite tax lien states – New Jersey.

And now things are getting back to normal, like they were before the covid pandemic when my coaching client Satomi was able to get 7% on her money in 6 months. She did this at New Jersey tax sales. She lives in Brooklyn and Satomi doesn’t even drive. She took public transportation to these tax sales and most of the tax sales she attended were in December.

Watch this video where she explains how she did it…


You might not have time to go to live tax lien sales in New Jersey but many of these tax sales are online. Right now, there are over 150 tax sales coming up in New Jersey and 50 of them are online tax sales that you can register for now!

I can help you choose the best tax sales to go to, show you how to register for these tax sales and how to pick the right properties to bid on so that you have Tax Sale Success!

That is exactly what we’ll do in the Tax Sale Success Workshop Thursday December 1 – Saturday December 3rd. And the good news is that you can save 90% on this live 3-day workshop when you register for the workshop during our Black Friday Special.

Get all the details at www.TaxSaleSuccess.com

Don’t worry if you’re not able to make all the live training sessions. When you register you will also get lifetime access to video replays, workbooks, and tax lien investing checklist, directly from my Advanced Tax Lien Investing Secrets training. And a due diligence checklist for tax liens and tax deeds.

With this training you’ll be able to:

  • Get the information you need to register and bid at these tax sales
  • Pick the best tax sales to invest in
  • Do your research on the tax sale properties from your computer
  • Determine how much to bid in the online or live tax sales
  • Protect your investment and maximize your profit!

The value of this training is $997 but I want as many people as possible to be able to get in and learn the truth about how to have Tax Sale Success. So, during the Black Friday Special you can get in for only $97 and save $900!

CLICK HERE to get in on this deal now! Sale ends at Midnight on Black Friday!

If you’re a member of the Tax Lien Profits Accelerator™, the Tax Sale Success Workshop is included with your membership. It’s just one of the many benefits of being a member. Members as well as customers who already took advantage of our Halloween Special and got into the workshop will be getting the information to join the 3 day virtual training in their email and in the membership site when they log in.

Happy Thanksgiving!

Joanne

Posted in Courses, Tax Lien Investing, tax sale bidding, tax sales | Comments Off on Thanksgiving Tax Sale Success

From the Field: Tax Lien Investing in New Jersey

Posted on October 22, 2022 by Joanne

tax sales around the countryI’ve been writing about tax lien investing since 2005 and I’ve been reporting from the field since 2009. In other words I’ve been telling my readers about the results of tax sales that I have been to for the last 12 years. I wrote about results from tax lien investing in New Jersey, Arizona, Florida, and Indiana, just to name a few of the states I’ve invested in. I go to a lot of tax sales in New Jersey and now that I’m a manager of a tax lien investing fund, I bid at the online tax sales as well as some selective live tax sales.

People think these tax sales have become a lot more competitive over the years. But looking back on what I reported back in 2009, things really haven’t changed much. There are always a couple of really big institutional buyers that go to every tax sale. Then there are those companies that come into the arena for a couple of years and then the market changes and they can’t tough it out. I’m seeing the same situation that I saw back in 2009 today. You can read about my experience at a small tax in New Jersey that I wrote about in 2009 HERE.

Compare my experience from then with my experience with tax lien investing in New Jersey this past month… 

In just one-week last month I went to 2 live tax sales in New Jersey for the fund that I help manage. And we participated in 6 online tax sales that same week.  Most of the online tax sales were very competitive and we were not successful at a couple of them. But we did get one or 2 liens and 3 of the online auctions. And we managed to get 6 liens in one of these auctions.

The auctions that we were successful at had either a lot of small utility liens in the sale, or had liens on types of properties that the larger funds don’t want.

I also was able to get 3 liens at 17% at the 2 live auctions I attended. One of these liens was on a residential property next to a house, that has a garage on it. The other 2 were on commercial properties.

So how do you have tax sale success in today’s competitive environment?

Part of the battle is just showing up. The fund participated in 2 online tax sales a day for 3 days during this particular week. In addition to that I personally attended 2 live sales. The live sales that I attended happened on days where there were a lot of tax sales. There were 17 tax lien auctions on the first day and 20 auctions happening on the 2nd day that I attended these sales. I also chose to attend the live tax sales in out of the way places – small towns that did not have a lot of liens in the sale. In fact one of the auctions I went to only had 4 liens left at the auction and they were all on commercial properties. I was able to pick up 2 of these good size liens at 17%.

Another way to be able to get tax liens in this competitive environment is to target property types that aren’t bid heavily. You can do this by analyzing the results of past tax sales. Most of the liens that we get are either on vacant land, commercial properties, or on small utility liens. (In New Jersey they sell delinquent utilities like sewer and water liens in the tax sale). And sometimes you just have to go to a few tax sales to find out which ones are worth participating in.

Have money to invest but need some guidance or mentoring? And tools to make it easy to pick the right tax sales to attend the right properties to bid on? See if my mentoring program will work for you. When you fill in the form at www.TaxLienInvestingMentor.com, you’ll get a link to schedule a 30 minute Profit Planning session with me.

Posted in Online Investing, Tax Lien Investing, tax sales | Comments Off on From the Field: Tax Lien Investing in New Jersey

Are You Bidding Premium For Tax Liens?

Posted on October 21, 2022 by Joanne

bidding at the tax sale

Right now there are tax lien sales going on in three different states where premium is bid for tax liens. “What is premium,” You might ask, since at many tax lien sales it’s the interest rate that is bid down at the tax sale. Premium or “over-bid” as it is referred to in some states is an amount over and above the amount of the tax lien that is bid in order to get the lien. In this case it is the investor who is willing to pay the most amount of money for the tax lien that is awarded the bid.

The three states that have tax liens this time of year in which premium is bid are Colorado, Indiana, and New Jersey. Each of these states treat the premium bid differently and it’s very important to know what happens to the premium you bid before you bid at the tax sale in any of these states. Each of these states also have at least a few counties or municipalities that conduct online tax sales. Here is a short summary of what happens to the over-bid or premium for tax liens in each of these states. Continue reading →

Posted in Tax Lien Investing, tax sales | Tagged , , , , | Comments Off on Are You Bidding Premium For Tax Liens?

National Tax Lien Association Symposium Highlights

Posted on October 17, 2022 by Joanne

The National Tax Lien Association (NTLA) is the only non-profit association that serves the tax sale industry. For the last 25 years they have served the industry. I just attended the October, 2022 National Tax Lien Association Symposium. This is the second NTLA event that attended and I’m so glad that I did!

I always feel like a little fish in a big pond when I attend their events in spite of my 20 years experience. Their events are attended by their board members, seasoned investors, large fund managers, tax lien attorneys, and tax collectors as well as new investors. Also available are service providers for the industry, various lenders (big banks), data providers like Tax Sale Resources and Lumentum LLC, portfolio servicing agents, real estate professionals, and legal services, just to name a few.

Of course I attended for the sessions on different aspects of tax lien investing. The 3 major sessions that were specifically about tax lien/deed investing were about

  1. How to navigate investing in a rising interest rate environment
  2. What you can really expect from tax lien foreclosures
  3. South Carolina tax sales.

I will be revealing what I learned from these sessions in the next Tax Sale Success Masterclass Tuesday, October 18th at 7pm Eastern time. All of the Tax Sale Success Masterclasses and Workshops are free for Members of the Tax Lien Profits Accelerator. Non-members can enroll in the Masterclass for only $47, and get lifetime access to the replay and all materials. The topic of our October Tax Sale Success Masterclass is “Preparing To Go To Your First Tax Sale.” Space is limited so enroll now at http://TaxSaleSuccessMasterclass.com.

Posted in Tax Lien Investing | Comments Off on National Tax Lien Association Symposium Highlights

Preparing For Your First Tax Sale

Posted on October 8, 2022 by Joanne

Are you preparing to go to your first tax sale? If you are, here is a 2 and half minute quick tip video to help you be prepared…

A few years ago, most of the tax sales that I attended were conducted live. I recommended my clients attend an auction before bidding at one. That way, they understood how the bidding works. And knew how much they would have to bid to be successful. You found out just how much money they need and whether or not it’s worth going to that tax sale. They also learned exactly what procedures to follow at the tax sale. That way they don’t miss a beat when they bid at the sale.

But today with all the tax sales that are online, attending the auction is not always necessary. I teach my coaching clients how to get the results of past tax sales, whether they are attending online or in person auctions. So that they can determine which tax sales are worth attending, how much money they’ll need to participate, and which type of properties to bid on.

Watch the Tax Lien Investing Quick Tip video above to find out more about preparing to go to a tax sale. And if you need more help in preparing to go to your first tax sale, check out my online training at http://Taxlienlady.com/book/digital-training.

This training goes over everything you need to know to be a successful tax lien or tax deed investor. Including:

  • How to find the best places to invest
  • Easily getting all the tax sale information you need – including the list
  • How to quickly evaluate tax sale properties and find the right ones to bid on
  • Preparing for the tax sale
  • Bidding at the tax sale
  • And protecting your investment and maximizing you return once you get some liens or deeds

And get some valuable bonuses (like 2 months of access to the Tax Lien Profits Accelerator™)!

Posted in Tax Lien Investing | Comments Off on Preparing For Your First Tax Sale