Here’s the answer to a very good question about tax lien investing that I received recently from Jerry:
“I asked this question to another tax lien specialist and he couldn’t answer it. I was just wondering. If I buy a tax lien certificate and then it gets redeemed, how does the county make any money (for taxes owed and penalty) if I get the principal amount (which includes taxes & penalty – correct me if I’m wrong) plus interest?”
Answer: Continue reading
Are you tired of losing money on your investments, or not making enough interest on your money to keep up with inflation?
Have you herd about tax lien investing and wanted to try it but didn’t know where to start?en
If so than this could be the webinar to change your financial future!
On Wednesday January 30 I’ll be giving a webinar training on how You can “Profit From Online Tax Liens In 2013 & 2014.”
Here’s some of what I’ll be covering in this special complimentary webinar training:
Register now for the webinar at http://TaxLienLady.com/WebinarTraining/profit. Don’t worry if you can’t make the live call – there will be a replay. And when you register for the webinar, you’ll be able to submit your question about what you want to know about buying tax liens online and I’ll answer for you during the training.
Here are some of the comments that I received from the last webinar that we did on the online tax sales:
“Every time I have an interaction with Joanne, I am more and more convinced that I made the right decision to buy her program and I’m grateful to have the opportunity to learn from her.”
– Parrish Patten, Hawaii
“Pretty basic and easy to understand information, Thank you Tax Lien Lady!”
– Ruben Caballaro
“I like Joanne’s down to earth learning technique on conveying how to invest in tax liens. Her honesty is very appreciated and she is very informative and enlightening on the strategies of investing in TLCs.”
– Jovan Burton
How Tax Liens Work
I have found government Tax Lien Certificates to be a safe alternative to investing in the stock market. In case you are not familiar with tax lien certificates. Here’s how they work: Local governments (counties and municipalities) need property tax money in order to meet their budget. When property taxes go unpaid they need a way to collect this money. So they sell the delinquent taxes to investors. When you purchase a tax lien, you are not purchasing the property but paying the back taxes on a property in order to get the interest rate that the county would normally charge the tax payer. These rates could be anywhere from 8% to 36% depending on the state. The lien must be paid within a specified period of time or the Investor can foreclose on the property. That is the incentive for the property owner to pay off the lien. Continue reading
There have been less tax liens available and more competition for these liens each year for the last 4 years, so how can you adjust your tax lien investing strategy to be successful this year?
I know that most new investors want to concentrate on single family residences, they feel that this is the safest investment when buying tax liens. However consider that everyone, including the institutional buyers, are thinking the same thing. Continue reading
Tax lien investing is a topic that is making the news these days, both nationally – as in the Forbes 2013 Investment Guide, and in local newspapers. Here’s a recent article from the Denver Post about the past Denver Tax Sale: http://www.denverpost.com/business/ci_22278130/tax-lien-investing-is-game-even-hedge-funds.
You might want to read the article as what happened in Denver is a trend that has been happening around the country. And the news is a little disturbing to tax lien investors. Here are some things that I took away from the article: Continue reading
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