Why Some Investors Profit From Tax Liens And Others Don’t

profit from tax liens

Why do some people profit from tax liens or investing in tax deeds and for others it seems that their just not able to make money? I believe it’s a matter of these things…

  • Choosing the right tax sales to bid
  • Choosing the right properties to bid on
  • Knowing how to protect your investment and maximize your return
  • Being able to quickly and easily research properties
  • Having a winning strategy

The Easy Way vs. The Hard Way

You can choose the easy way or the hard way to invest. Sometimes what seems like the easy way to profit from tax liens is actually the hard way. What do I mean by that? Some people think that the easy way to profit from tax liens is to buy the left over or “over the counter” (OTC) liens or deeds. This is not the easy way, this is the hard way. It’s the hard way for the following reasons:

  1. Not all counties sell over the counter liens or deeds
  2. Most of what is left over are junk properties
  3. It is a very time consuming process because you have to do your due diligence very carefully

Investing For Success May 2021

We just did an Investing For Success Conference on tax lien investing earlier this month and in this 3 and half hour recorded event 5 experts in the tax lien investing field talked about strategies that actually work for buying profitable tax liens. We covered….

  • How to get tax sale information on upcoming tax sales across the country
  • How to easily research the properties in the tax sale so that you can choose the right properties to bid on
  • A faster way to clear the title to your tax foreclosed properties so that you can sell them and profit faster from your investment
  • How to buy tax liens on properties that are ready to foreclose now and get properties for cash flow
  • A platform for buying and selling tax secondary tax liens, where you can put your buy orders in or sell “shares” of your liens

Plus I did a Q & A session and a training on how to easily find out what tax sales are coming up all over the country and pick the right properties to bid on. Some of the experts even gave away valuable gifts or discounts on their services. If you missed this information packed conference, you can still get VIP lifetime access to the recordings (and giveaways) for $97. And get in on our next free webinar on secondary tax liens. CLICK HERE for VIP Lifetime access to Investing For Success May 2021.

Your Turn to Profit From Tax Liens

Already have VIP access to all the recordings and want to know what the best next step is for you? If you have money to invest in tax liens or tax deeds but need help figuring out how and where to get started. Or if you just need a better way to find out about tax sales and research tax sale properties to find the best properties or liens to buy at these tax sales, then I can help you…

Just fill in the form at https://taxlienlady.com/mentoring-application and you’ll get a link to schedule a complementary 30 minute Profit Planning session with me (a $197 value)!

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How Do You Solve This Tax Lien Investing Problem?

tax lien investing problem

Have you come across this tax lien investing problem? I’m currently doing a Done With You training for the Maryland online tax lien sales, and one of my students had this question about researching the parcels in the tax sale:

“Properties are often offered without an exact address and despite google etc., they are often undefinable. Is there a link where you can enter parcel IDs and/or where you can take a closer look at the land (including whether it is building land or green space)?”

In the video below you can find out the answer to this question and get a sneak peak at the tools and resources that students have access to in this training…

It’s not too late to get on the training for the Maryland online tax lien sales. These tax sales will be going on through June of 2021. If you’d like more information on this exclusive Done With You training you can get the details and register at https://taxlienlady.com/maryland. The training includes 1 month access to the Tax Lien Profits Accelerator™, and TaxSaleFinders™ software. Tax Sale Finders will help you solve the tax lien investing problem of not being able to look at tax sale parcels and determine what type of properties are in the tax sale!

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Are You Missing Out On Little Known Tax Sales In Your Own Back Yard?

Little Known Tax Sales

Did you know that you might be missing out on little known tax sales close to where you live? I always get questions about how to avoid the intense competition at the tax sales and if tax lien and tax deed investing is still profitable with all the competition these days from big fund companies and banks. The truth is that it is still very profitable, just not as easy as it used to be 20 years ago. The trick is finding little known tax sales that aren’t readily known about and they could be in your own back yard!

Acres of Diamonds

Have you heard the well known inspirational story called “Acres of Diamonds.” It’s a supposedly true story told thousand of times by the early 20th century Baptist preacher Russell Conwell.  The story is about a wealthy farmer in India, who lived a very content life until he learned of the exitance of diamonds – the most precious gemstones. He became obsessed with the thought of finding diamonds and becoming one of the wealthiest men in the world. He sold his farm and spent everything he had traveling the world looking for diamonds until all his money ran out. He never found any diamonds. Despondent, penniless and without hope, he drowned himself.

Meanwhile the farmer that bought his farm had discovered a shinny rock in a garden brook that his camel was drinking at. He took it home and placed it on the mantel of his fireplace. When an old Buddhist priest came by (the same priest who had told the previous owner about the existence of  diamonds) he saw the rock and recognized it as a diamond in the rough. This was the discovery of the Golconda diamond mine, one of the most important diamond mines in all of Asia.

Little Known Tax Sales in Your Own Back Yard

How does the Acres of Diamonds story relate to tax sales and tax lien investing? I often get questions from investors who want to know where are the best states to invest in. They want to know which states pay the most interest. But what they don’t realize is that most tax lien states with very high interest rates have auctions where the interest rates are bid down. And these auctions are very competitive. Redeemable deed states that have very high penalty rates are also very competitive.

Just like the wealthy land owner who left his farm to look for diamonds. They are spending time and money looking for that most profitable place to invest. Meanwhile they may not have investigated what goes on with delinquent tax properties in the town or county they live in. Or other areas that are close by. Sometimes you find the best tax sales and the best deals in out of the way places where no one else is looking.

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Investing For Success Conference May 2021

Investing For Success Conference

Our Next Investing For Success Conference is on Thursday, May 6, 2021!

I am fiercely committed to empowering people with the knowledge and understanding to profit from tax liens and tax deeds. So our next Live Virtual Investing For Success conference is all about tax lien investing! We’ve had 2 of these events this year already, our first was in January for a full day, and it was an absolute success! And we did it again in March 6 with a couple of small changes, this time it was half a day – 3 hours. The focus for these events was on helping you have peace of mind for your money, your investments, and your retirement. But our next live virtual conference is all about how to make tax lien investing easier, more fun, and more profitable! And I have 5 experts in the field lined up for you (including yours truly).

Here what we’ll be covering in this Investing For Success Conference:

  • Rachel Seidensticker, COO of Tax Sale Resources will be kicking us off, showing how to make finding out about tax sales and researching tax sale properties easier!
  • Our next expert, will be me, I’ll dive a little deeper and give some training on what I think are the best tax sales to invest in and show you a new tool to manage your tax liens and redeemable tax deeds.
  • Then we’ll hear from Nick Thomas of Tax Title Services on how to clear the title to your tax foreclosed properties quicker so you can sell faster!
  • Next I’ve got a special quest from Unique Exchange, a company with a entirely different way of investing in tax liens without going to the tax sale that you’ve probably never heard of before!
  • And finally one my long time friends, who myself and some of my students have done successful investments with in the past, Lena Sells of PIP Group, will inform  us about the most profitable secondary lien market.

It’s free to register for the live conference and when you purchase VIP access now before the live event takes place, you’ll get $50 off the already low price of $97. Oh and I almost forgot to mention that some of the speakers will be giving away valuable gifts, worth much more than the investment for VIP access! So if you can’t be there for some reason to watch the entire event – which takes place on Thursday, May 1 from 12pm – 3:30pm Eastern time, then you’ll really want to purchase VIP access and get lifetime access to all of the replays!

You can get lifetime access to the recording of the entire event and links to access what each of our experts so generously gave our live audience by CLICKING HERE

This is for you if you want to learn how to start investing in tax liens and redeemable tax deeds, manage liens or redeemable deeds that you already have more effectively, and make your tax lien investing easier and more profitable!

This is for you if you want to learn about ways to investing in tax liens and redeemable tax deeds without going to the tax sale!

This is for you if you want to be able to profit faster from your tax foreclosed properties!

Register FREE Today!

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Spring Online Tax Lien Sales – Which Ones Are Worth It?

spring online tax lien sales

What online tax lien sales are coming up this spring?

And which of these sales are worth bidding on?

Thanks to the pandemic in 2020, more tax lien sales have gone online in the last couple of years. Some counties have gone back to having live tax sales, but many are still conducting their tax sales online. And states that only had a couple of counties with online tax sales before 2020, now have more counties with tax sale auctions online…

Here’s the scoop on tax lien sales that are happening online in the next couple of months…

Finishing up this month are the Indiana tax certificate sales. These are among my favorite tax sales and you can read more about them HERE. I did a Done With You training course on these tax sales, but there are still a handful of these sales taking place this month that it’s not too late to register for. And there is one that isn’t taking place until early in June. You can still get access to this 4 module training at https://taxlienlady.com/Indiana.

Nassau County New York, has a big online tax lien auction in February each year. But this year due to the pandemic the sale was postponed until May.  The auction is on RealAuction.com and registration is open until April 23. Bidding ends on May 5. I am not a fan of this tax sales for multiple reasons. This sale was very competitive before it went online and now that it’s online it’s even more competitive. Also there is a hefty deposit necessary to bid ($5000 minimum), which is 10% of your budget. That means you have to have a minimum budget for this sale of $50,000. And there is a non-refundable registration fee of $175. This sale is not for beginners!

The state that is probably best known for it’s online tax lien auctions, and one of the first states to have online tax sales is Florida. Those tax sales happen in May of each year. While most of these auctions were already online. (There were only about 10 counties left that didn’t have online tax lien sales). Now they are all online. Competition in this state is very competitive and good liens typically get bid down to 0.25% interest. While I like this state better than Arizona (who’s online tax sales are over already for this year), it’s not one of my favorite tax lien investing states.

Two other states on the eastern seaboard also have tax sales this time of year, and have increased the number of these tax sales that are online. Those states are Maryland and New Jersey. New Jersey is the state that I started investing in. And while I do like that state for investing, it is one of the more complicated states for bidding, and also very competitive. Like Nassau County, NY, these tax sales were competitive when they were live and are even more competitive now that they’re online. Also the live tax sales do not require advance registration and deposits, but the online tax sales do.

Maryland is also a complicated state to bid in. But what I like about Maryland is that the interest rate is not bid down. Instead premium is bid – which means the price of the lien is bid up. The other things that I like about Maryland are the short redemption period – only 4 months. Each county in MD has different rules and different interest rates, so you must pay attention to the rules of the sale for each county!  Because Maryland tax sales are someone complicated, but I also think it’s one of the better states to invest in, I’ll be teaching another Done With You training for the Maryland tax sales in May.

Other states with online tax sales coming up are Louisiana and Alabama. I am not a fan of the tax lien auctions in either of these states for different reasons. In Louisiana I’m not crazy about the bidding procedure, they bid down the percent ownership of the property should the lien not redeem and the tax lien investor foreclose on the property. Owning anything less than 100% is not enough leverage in my estimated to get paid on your lien. What I don’t like about investing in Alabama is 2 things, how long it takes for properties to get into the tax sale and the long (3 year) redemption period. I prefer to invest in states with shorter redemption periods – the shorter the better!

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