Tax Lien Investing Q & A: Types Of Properties To Avoid Bidding On

Posted on July 6, 2011 by Joanne

Question: “Does it really matter what kind of property you purchase a tax lien on if you are only in it for the interest and don’t want to own the property”

Answer: Yes it does matter since regardless of what anyone tells you, you are not guaranteed to get paid on your tax liens. What’s guaranteed by the county is the rate that you will get if the lien is redeemed, but there is no guarantee that the lien will be redeemed. Your guarantee is the property, therefore the property has to be of value. As long as there is value to the property and you would be able to sell it for quite bit more than the taxes and foreclosure costs that you may have to pay if the lien is not redeemed it really doesn’t matter what type of property it is. But you don’t want to buy liens on property that you would have a hard time selling if you did wind up foreclosing on the property. Continue reading →

Posted in Answering Questions, Due Diligence, Tax Lien Investing | 4 Comments

Guest Article: Fatal Tax Deed Mistake to Avoid!

Posted on July 2, 2011 by Joanne

Here is an article from my friend and colleague Dustin Hahn on a very important consideration when it comes to investing in tax deeds or redeemable tax deeds. I realize that some people who read this article are investing in tax deeds online and may be able to able to physically look at the property. If that is the case than I recommend that you have someone look at the property, and even take pictures of the property for you before you bid at the sale. Read this article by Dustin to see why this is so important.

“The Biggest Mistake You Can Make Is To Buy A Tax Deed Without Seeing It!”

A rule of thumb you must live by with tax deeds is “if you cant see it don’t buy it”

Most of the other people who teach tax liens and deeds tell you “look it up on google earth and zoom in!” and that’s all you need to do…..

Wrong!! Continue reading →

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New Low Cost Tax Lien Investing Course

Posted on July 1, 2011 by Debby

TaxLienLady.com announces a new course available for investing in tax lien certificates.

This course covers both the basics of investing in tax liens and advanced strategies to help you profit faster from tax liens and redeemable deeds. It also covers other little known strategies for investing in tax delinquent properties that will bring in cash quicker than investing in tax liens or tax deeds.

This course is good for both beginners and people who have already started investing in tax liens or redeemable tax deeds. Continue reading →

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Update to Tax Foreclosure Fortunes Course

Posted on June 29, 2011 by Joanne

A couple of years ago I interviewed Cody Matousek, real estate and tax deed investor about the excess proceeds strategy. That is buying a tax deed property directly from the owner of the property before it goes to the tax sale and then letting the property go to tax sale and collecting the excess proceeds or “over-bid.” This telesemianr was recorded and the audio along with the transcript was turned into a course. Over the next few months I added valuable resources to this course including a Manual, FAQ sheet, sample letters, sample quit claim deed, sample script, check lists, and bonus audios and videos.

I made the course available for the low price of $47.00 with the understanding that once the first 100 units were sold I would raise the price to $97. But I never raised the price of this course. In fact because of the weak real estate market and uncertain economic times I’ve decided to add even more value to the course and keep the price at $47.00!

The Tax Lien Foreclosure Fortunes course has recently be Continue reading →

Posted in Courses, Excess Proceeds, Wealth Building | Tagged , , , | 2 Comments

Just Got Back From Georgia

Posted on June 28, 2011 by Joanne

I just got back from Georgia, and no I was not there for the tax sales.

Remember the tax sales in Georgia are on the first Tuesday of each month (in the larger counties. The smaller counties might not have a tax sale every month). I was in Georgia with my youngest son Nicholas to coach him in his first national weightlifting contest, USA Weightlifing’s National Schoolage Championships. Nicholas did a great job, making all 3 of his snatches and all 3 clean & jerks. He snatched 66kg (145.2 lbs) and clean & jerked 87kg (191 lbs) for a total of 153 kg (366 lbs). He placed 7th in the 16-17 age group and the 69 kg (151 lb) class, weighing 66.6 kg (146.5 lbs). He did great considering he’s only been lifting for a few months and for most of that time he couldn’t practice very much due to the fact that he was a varsity wrestler and varsity track athlete at school.

For those of you who have never seen olympic-style weightlifting before, I thought that you might enjoy this video of his?87kg?clean & jerk.

Notice the smiley face that he drew with chalk on his singlet before he went out to do his last lift.

That’s my Nick, he’s quite a character!

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