October Tax Lien Teleseminar Replay

Posted on October 9, 2015 by Joanne

tax lien teleseminarThe topic of our October tax lien teleseminar was “scary” tax liens; I talked about what pitfalls to avoid and what steps to take to make tax lien investing less scary. We had a lot of very good questions that participants asked before and during the call, and I answered them all. Here’s just a sampling of some of the things that were covered on this call:

* Review of due diligence steps for beginners
* How to get up and running now
* How to follow up on overbids at the tax sale
* What happens in tax sales in PA and VA?
* Where is the best place to invest near Boston?
* How much do I need to get started in NY?
* What’s the Best way to get parcels of land?
* How to find liens on tax deed properties?
* What’s the best investment for newbees?

Plus I talked about what else you need to look out for when buying liens or deeds.

You can listen to the replay now at: https://s3.amazonaws.com/taxlienteleseminars/Oct2015-teleseminar.mp3.

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South Carolina Tax Sales

Posted on October 5, 2015 by Joanne

South Carolina Tax Sales - podcast episond #92South Carolina tax sales are unique. South Carolina is considered a redeemable deed state, but it is looked upon by some investors that invest there as a tax lien state. That’s because unlike the redeemable deed state of Texas, in SC you are not issued a deed until the redemption period is over. The interest rate earned on these SC tax liens (or redeemable deeds depending on how you look at it) is 12% per year which is actually applied as a 3% penalty every quarter. The price of the lien is bid up from the opening bid, which consists of back taxes and penalties. The penalty is paid on the full bid amount with the caveat that the penalty amount paid to the investor cannot exceed the opening bid.

To hear an example of how this works and to learn more about South Carolina tax sales, listen to my latest podcast on iTunes below. You’ll want to listen now because some South Carolina tax sales are coming up the first week in November. In this podcast I’m interviewing Jeff Frantz from Tax Title Services and you’ll also learn how you can clear the title to your tax foreclosed properties. Enjoy!

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From The Field: Tax Lien Deal Analysis

Posted on September 18, 2015 by Joanne

profitI recently attended a tax New Jersey tax sale. There were only 5 properties in the sale down from 15 on the original tax sale list. Last year at this sale I came away with one decent lien. This year I didn’t get anything at this tax sale. So I decided to do a tax lien deal analysis of some of the liens in this sale to see  if investing in New Jersey is getting too competitive for investors to make a profit. Continue reading →

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Pennsylvania Tax Sales: What is an Upset Sale?

Posted on September 18, 2015 by Joanne

PASealIf you you’re going to bid at Pennsylvania tax sales you need to be aware of the different types of deed sales that are conducted in the Commonwealth. Many Pennsylvania counties have two different tax sales that are live auctions; the “upset” sale, and the “judicial” sale. If tax sale properties are not sold at either of these two sales, the property then goes on the “repository” list and can be sold by private bid. Continue reading →

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Tax Lien Investing Q and A Teleseminar

Posted on September 4, 2015 by Joanne

tax lien investing Q & AWe just had our monthly tax lien investing Q and A teleseminar, and we got some great questions. This month’s topic was asset protection and tax sales that are coming up. We got a few questions on asset protection as it relates to tax lien investing and a lot of questions about tax lien investing in general. I answered all of the questions on the call. You can listen to the replay at: https://s3.amazonaws.com/taxlienteleseminars/Sep2015Teleseminar.mp3

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