Due Diligence For Tax Liens And Tax Deeds

How important is evaluating tax sale properties before you bid?

Did you know that you can lose money by not doing due diligence for tax liens or tax deeds correctly? Tax lien and tax deed investing, can be very profitable. Tax Lien investing is a way that you can earn interest rates that you can’t get in a bank CD anymore. And it’s more secure than the stock market because it’s not a speculative investment. There is real property backing it up. But did you know that you can lose money on  your tax lien or tax deed if…

  • You choose the wrong place to invest
  • You buy liens or deeds on the wrong properties
  • You fail to carry out the state specific responsibilities of the tax lien or tax deed holder after you purchase a tax lien or deed?

There are different reasons that people come to me for mentoring or coaching to invest in tax liens or tax deeds. Some just don’t know how to start and want to learn the ropes and do it correctly. Others want to find the best places to invest and have access to the tools and resources that help them pick the right properties to bid on without putting in a lot of time and effort. And others come to me so that they can avoid costly mistakes. Mistakes like not evaluating the tax sale properties correctly before bidding.

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Winter Tax Sales

winter tax sales

We are nearing the end of 2023 and 2024 is upon us, with new opportunities and possibilities. Here at TaxLienLady.com we are getting ready to help you get the most out of the 2024 winter tax sales!

There are plenty of tax sales that take place in late December through March and some of them are online. In the next 2 months there are tax sales in Arizona, California, Florida, Georgia, Illinois, Louisiana, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Texas, Washington, and Wisconsin.

I recommend that, if possible, you sit in on a couple of tax sales before you actually bid at one. That way, you’ll understand how the bidding works and you’ll know just how far down interest is being bid or how high premiums are usually bid before actually bidding at the sale. This will let you know just how much money you need and whether it’s worth it, before you spend a lot of time researching tax sale properties and getting ready for the tax sale. You’ll also find out exactly what procedures need to be followed at the tax sale, and what you need to have in place beforehand.

I’ll be helping a handful of investors through some of these tax sales, including the Arizona online tax sales, in the next couple of months. Our next Advanced Tax Lien Investing Secrets (ATLIS) live virtual training starts in January 2024. If you’ve been sitting on the fence because you don’t know how to get started, maybe now is the time for you to jump down off that fence and participate! And get step-by-step, real-time instruction from an expert!

I haven’t done this training for the winter tax sales since 2018 and I may not be doing it again! We’re going to kick off our intensive training with a bonus quick start call on Tuesday January 9, 2024, and our first lesson will be ready on Monday January 22.

Plus, we will have bonus content for you to consume before we even start!

Not sure if this is right for you? Tune in to our next free 90-minute workshop Thursday, December 21, 2024, to find out. Registration information will be coming soon.

Still have questions? send them to me at info@taxlienlady.com

Posted in Tax Lien Investing | Comments Off on Winter Tax Sales

What If What They Say About Tax Lien Investing Is Wrong?

.If you take a look at successful people in any field, more often than not you’ll find that they did the exact opposite of what everyone else was doing or what they were “supposed” to do. This is especially true when it comes to investments. The truth is that what they say about tax lien investing is wrong…

And that is the inspiration for our next live free upcoming workshop “Tax Lien Investing Fall Training” on Thursday, October 12, at 7pm Eastern Time.

Register Here=>> https://www.taxlienlady.com/live-training/

You see, I realized I’m not doing what everyone else is in the real estate and tax lien investing “training” industry. In fact, I’ll take it one step further – I think what’s being touted as the “truth” and “right way” to invest in tax liens is completely WRONG.

And the best part? YOU already know this. You sense it in your gut. Something’s gotten rotten in this industry and until now, NO ONE has been willing to shine a light on it. There’s a reason why the tax lien and deed investing experts aren’t teaching this, and I’m going to reveal this and more!

Here’s what else you’ll learn on this FREE training:

  • Discover the ONE THING I did differently than everybody else that allowed me to average double-digit profits on the liens I’ve purchased in the last few years while everyone else is low single digit returns
  • The exact steps I follow to build a profitable portfolio of tax liens!
  • How to get paid on your tax liens without waiting for the end of the redemption period
  • How to buy profitable tax liens without going to the tax sale and without buying leftovers!
  • A simple technique that I use with my students to find the best places to invest.  And it will work for you too!
  • And much more…

If you’ve ever been on one of my free calls, you know they are content-rich and loaded with the EXACT strategies I use and tons of “how-tos” you can implement immediately.

Here’s that link again to reserve your spot in this complimentary training.

www.taxlienlady.com/live-training

Posted in Tax Lien Investing | Comments Off on What If What They Say About Tax Lien Investing Is Wrong?

Invest For High Returns Without Undue Risk

Are you missing out on these opportunities to invest your money for high returns without undue risk? Tax lien investing is a way to get high returns on your money that is guaranteed by real property and local government law. Tax deed investing is a way to acquire tax defaulted property under market value. Find out if you’re missing opportunities happening now to invest your money at high returns without the risk of the stock market or other speculative investments…

Are You Missing Out on These Opportunities to Invest for High Returns Without Undue Risk?

If you have at least $5000 to invest-

You can buy tax liens at the live tax sales. From now (the middle of September) until this time next month there are 90 tax sales coming up in New Jersey and more than half of them are live tax sales. You need at least $10,000 to invest in the online tax sales in NJ, but you can start with a lot less money at the live tax lien auctions. There are 50 Indiana counties and 22 Kentucky counties with live tax sales happening in the next month. These tax sales only happen once a year, so now is the time to start in these states. In Indiana you can make 10-15% on your money and in Kentucky 12%. In New Jersey you can get up to a 24% return on your investment!

If you have at least $10,000 to invest – 

You can be successful at the online tax lien auctions in New Jersey and Indiana. You do need a little more money to invest in the online tax lien sales than you do for the live auctions. Some of these sales require deposits. Most of the online tax sales in New Jersey have a minimum $1000 deposit. And they use your deposit to set your budget for the online auction. They won’t award you any more tax liens once you reach your budget amount. The deposit is considered to be 10% of your budget. So, if you put in the minimum amount of $1000, you need to have a budget of $10,000. And that is for every tax lien auction that you register for.

If you have at least $15,000 to invest –

You can buy redeemable deeds and deeds on land in the live and online deed and redeemable deed auctions. Texas and Georgia have counties that hold redeemable deed auctions on the first Tuesday of every month. Other redeemable deed states that have tax sales coming up in the next month are Tennessee, South Carolina, Connecticut, Delaware. Philadelphia PA has redeemable deed auctions online almost every month.

If you have at least $25,000 to invest – 

You have a lot more options, you can start going after residential properties at any of the tax sales including the online and live deed auctions. But if you want to buy the nicer properties in better areas you’ll need to have even more – at least $50,000. The better areas with more valuable properties will demand even more. Especially in the west coast and east coast states where property values are high.

If you have money that is just sitting around and not keeping up with inflation and you’re ready to invest for higher returns, then tax lien and tax deed investing is a great option. But you do have to know what you’re doing and do it right. If you’ve already tried going to tax sales but haven’t quite figured out how to make the money that you’ve heard is possible, then maybe it’s time to learn from an expert teacher.

The More Money You Want to Invest, the More Important it is to do it Right!

I’ve been investing in tax liens in a few different states for over 20 years. And I’ve been investing in tax deeds and helping investors to buy profitable tax liens and tax deeds in different states for over 15 years. Here’s one of the things that I’ve noticed over the last few years of doing this. The more money you have to invest, the more important it is to do it right. You can lose money if you don’t invest in the right places, on the right properties, and follow the right procedures. I can help you avoid the mistakes that a lot of new investors (and even experienced investors) make that cost them time and money.

The 6 Things You Need to Know About Tax Lien or Tax Deed Investing

bidding in the online tax salesThere are 6 things you need to know about tax lien or tax deed investing before you get started:

  1. The Statutory Interest Rate – this is the rate that the county charges delinquent taxpayers and the rate that investors get when it is not bid down at the tax sale.
  2. The Bidding Method – what is actually bid at the sale, whether the amount paid for the lien is bid up or the interest rate is bid down, or something else entirely is bid, or there is no bidding at all and winners are randomly chosen.
  3. The Redemption Period – the period of time that the property owner has to redeem the lien or redeemable deed before the lien holder can foreclose on the property.
  4. The Expiration Period – the “life” of the tax lien, after which the lien will expire worthless if there is no action taken by the investor.
  5. How Subsequent Taxes are Handled – whether or not the lien holder gets to pay the subsequent taxes if the property owner doesn’t pay them and what interest or penalties are paid on the subsequent tax payments.
  6. Additional Penalties – are there additional penalties that the lien holder gets when the lien or redeemable deed redeems?

These 6 things make a huge difference in your profit and are the reason why tax lien investing is very different in different states. The section above is taken from my book, Tax Lien Investing Secrets. In the book, I also give examples of these differences in 4 very different tax lien investing states. The first step to getting started the right way is choosing the right place to invest. And that is the first thing that I help my clients do.

Here’s what I help investors to do:

  • Find the right tax sales to attend based on your goals, your location, and how much money you have to invest
  • Choose the right properties to bid on to maximize your chance of having success at the tax sale and getting better returns on your investment
  • Know how to protect your investment and maximize your return
  • Have the tools and resources to quickly and easily research tax sale properties
  • Have a winning strategy for Tax Sale Success!

To learn more, go ahead and hop on my calendar and book a free 15-minute strategy session with me. I look forward to talking with you.

Posted in Online Investing, redeemable tax deeds, Tax Deed Investing, tax deeds, Tax Lien Investing, tax sales | Comments Off on Invest For High Returns Without Undue Risk

Get Profitable Tax Liens Online in the Next 60 Days!

Last month with did a 3 Day Tax Sale Success Workshop to help you get your first or next tax deed or redeemable tax deed.

Did You Miss The 3 Day Tax Deed Workshop?

It’s too late to enroll in the live workshop, but you can get lifetime access to the recorded training, which comes with access to the Tax Lien Profits Accelerator and Tax Sale Finders for 2 weeks. The workshop includes 3 days of training and resource materials. It’s a $997 value, but we’re making available at 30% off. So you can get it for only $697! You Save $300!

Are you ready to get profitable tax liens online in the next 60 days?

Last month we focused on the online tax deed and redeemable deed sales because there weren’t a lot of online tax lien sales. But that has changed for this month and next month. There are at least 8 states that have online tax sales coming up in August and September and 5 of them have their tax sales online. Find out which states have online tax sales that you can participate in the next 60 days and how you can get my help to do so!

Find out more at https://taxlienlady.com/tax-sale-success-workshop

Tax Lien Investing Jump Start 3 Day Challenge

If you want to get your first or next tax lien in the next 60 days, that’s exactly what we’ll be focusing on on our Tax Lien Investing Jump Start 3 Day Challenge! Discover which states have online tax sales coming up this month and next. If you would like some help finding  tax liens online in the next few weeks, then register for our Tax Lien Investing Jump Start 3-Day Challenge! This free, live virtual hands on challenge will be held August 21-23 for 30 minutes each day. Each day I’ll give you training and resources to help you get started and answer your questions. And if you can’t be there live there will be a replay available for a limited time.

Here’s what we’ll be covering in this 3-day Challenge

  • The Truth About Tax Lien Investing
  • Which States Have Online Tax Lien Sales in the next 60 days
  • How to Pick the Best Place to Invest
  • How to Quickly and Easily Choose the Right Properties to Bid On

Go to https://taxlienlady.com/3-day-challenge to find out more and register

Posted in Tax Deed Investing, Tax Lien Investing, tax lien workshops | Tagged , , , , , , | Comments Off on Get Profitable Tax Liens Online in the Next 60 Days!