Reasons Why You Should Do Tax Lien Investment by Dustin Hahn
in Real Estate / Property Investment (submitted 2011-01-20)
1. Large returns. You can earn returns as much as 24% a year in several states. And if you reinvest throughout the year, your yearly returns could be much higher!
2. Secure investment. Did you know that a tax lien investment is more secure than bank-held mortgages? As an investor for delinquent tax liens, you become the tax collector. There are also states where you can purchase those taxes and have them rolled into becoming your own investment.
3. There's a possibility that you will end up with the said property. This happens when the delinquent taxpayer does not pay. You will then receive a deed to the real estate that you have a lien on. From there, you can opt to have it rented, sold, or whatever you want to do with it.
4. The county will do the foreclosure for you. Most states these days do not require an attorney to have the property foreclosed as the county or municipality does it for you. Just tell them that you want to start the foreclosure process after the redemption period expires. The county will then do all of the work - running title, informing parties of interest, and even auctioning the property.
5. You don't have to pay for the attorney fees. In some states that need you to get your own attorney for the foreclosure process, the delinquent taxpayer will be the one to pay for the attorney's services.
6. Double or triple your investment. If you buy a delinquent tax lien, you will now have the priority in many states to purchase more subsequent due taxes. Now those taxes can have higher interest rates than your initial investment which means, you earn more!
7. Fun. If you want to engage in a real estate businesses without having to go through the hassles of title companies, brokers, tenants, repairs, etc., well, tax lien investing is definitely for you. All you have to do is research, do due diligence, make investment, and then wait for the returns.
To get a free report on Tax Liens go to: http://bit.ly/14x4th9
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