Good News For Tax Lien Investors

This is part of an e-mail that I received a couple of weeks ago from the Alachua County tax collector:

“…In keeping with the recommendations of the Florida Tax Collectors Association, please be advised that effective for the 2012 Tax Certificate Sale, the Alachua County Tax Collector will suspend the use of sub-account subordinate to a master or primary account.

We feel this policy is necessary in order to ensure the integrity and fairness of the registration and bidding process at the tax certificate sale.”

And I have received similar messages from other Florida tax collectors.  This is really good news for the tax lien investor as it levels the playing field and gives individual investors the same opportunity to win bids as the institutional investors, at least in the Florida tax lien sales.

Posted in Online Investing, Tax Lien Investing | 1 Comment

Marks Of A True Leader

“True leaders are inwardly directed, self-assured, and as a result, truly charismatic.” – Dr Myles Munroe

When you have a passion that drives you from deep within – to make a positive difference in your community or to help people in some way – then this passion directs you. You are consumed with it and it energizes you. You  also become self-assured because you are totally convinced of the value and importance of your passion. You can see how it will benefit people.

As a result people are drawn by your passion and enthusiasm. This makes you charismatic and you attract others to your cause.

Develop a passion for your cause.

Be all you can be.

Motivational message from Arnfried Klein-Werner
Motivator & CEO – Be Motivated Today

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Tax Lien Investing Conference April 14

I am very happy to announce TaxLienLady’s first Tax Lien Investing Conference to be held at Shawnee on Delaware, Pennsylvania on Saturday April 14th. Continue reading

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Warning For Out Of State Investors

As some states and local governments become more insolvent, they are finding ways to squeeze more money out of tax payers and property owners, including unsuspecting tax deed buyers. This is something that you need to be aware of if you purchase tax deeds in Indiana from out of state. I want to thank Jim for providing this warning to investors from his own personal experience.

“I buy tax deeds in Indiana because the returns can be very sweet. 

In December ’11, I closed on an abandoned house I bought in Hammond, Indiana at the Lake County Tax Deed auction held in  September 2010. Paid $3000, sold for $9,000 netted about $1600 after fees/expenses. 

However…what Hammond did was hit me with all sorts of high fees for taking care of the house between the time I bought it and got clear title — about 13 months. Those fees include things like boarding up the windows, mowing the grass, etc. None of these fees came up in the title search except for $534, which I thought was semi-fair. Continue reading

Posted in Due Diligence, Tax Deed Investing, tax deeds | Tagged , , , | 8 Comments

Monday Motivation: Confidence To Do Anything

Today I have a quote for you that was sent to me by my friends at Be Motivated Today and my own little anecdote:

 “With confidence, you can reach truly amazing heights; without confidence – even the simplest accomplishments are beyond your grasp.” – Jim Loehr

I can tell you from experience as an athlete that this is so true….

Yesterday I competed in a masters weightlifting contest. It was my first contest in 2 years and I was a little nervous about coming back to competition. But I also had confidence that I could do it. I was able to break the American Master record for my weightclass and age group. Actually every lift I made was a new record. I made 2 out of 3 snatches and 2 out of 3 clean & jerks and attempted more on my third attempt than I planned. I had enough confidence to make the lifts that I new I could do, but not quite enough confidence to make the ones that I wasn’t sure about. Continue reading

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