Last year one of my tax liens redeemed that I had held since 2002. I made over $3,700 in profit on that lien on only a little more than $4,000. And I had put that money in over the course of 7 years and then did nothing for 3 more years. During that time the money I had invested kept earning interest. My initial investment was only around $450 and I kept adding to that each year for the first 7 years paying the subsequent taxes (in this case it was a utility lien so I was paying the subsequent utility payments). And then I decided to force redemption by sending pre-foreclosure letters to the owners and lien-holders of the property. The mortgage holder then paid off the lien, and I practically doubled my money in – investing a little each year.
My point is, if you have a little money to invest, start small and start now, later it will pay off!
Here’s a motivational message from my friend Arnfried of Be Motivated Today that talks about the importance of taking those small steps towards your goal:
“How do you eat an elephant? One bite at a time” Continue reading
The entire morning of the conference will be a tax lien investing workshop and I will be the only speaker for the morning sessions. I’ll be giving a workshop on the 5 steps to buying profitable tax liens. And showing you how to automate your tax lien investing. But I have some great speakers lined up for you in the afternoon. 
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