You can safely make up to 50% return on your money.
Here are the 7 questions that you need to ask before investing in
certificates and tax deeds around the country.
1. Why is tax lien and tax deed investing so important to building the wealth?
In
order to build wealth and stay ahead of inflation, you must invest in
vehicles that will give you double and triple digit returns on your
investment. Tax liens are one of the few investing strategies that allow
you to team up with the government to get guaranteed returns. The
returns that you can collect from tax liens are not tied to the stock or
real estate markets. So even when those markets are down, you can still
be assured that you will receive your state regulated returns.
Tax
deed investing allows you to make a more substantial return than tax
liens. You can actually get up to 500% returns when you properly invest
in deeds. Many sophisticated investors use a self directed IRA to
purchase their liens and deeds. If you are using a Roth account, your
investments can generate tax-free profits for life. One of the true
wealth maximizers is compound interest. The Roth IRA allows your
investments to grow expeditiously because of the compound interest.
2. What exactly are liens, and why hasn't my broker told me about them?
It
is a claim or encumbrance on a piece of property. This lien is placed
on real estate to insure that the property taxes will be paid. The lien
is attached to the property. There are several types of liens, but for
our purposes, we will only concentrate on property tax liens. The local
municipality will then sell a certificate (if it's a lien state) to
investors.
Once you purchase a lien certificate, you do not own
the property. You own the claim (interest) in the property. The lien
would then become a senior lien. It would even supersede the mortgage.
Regardless of when your lien was recorded, it would go straight to the
top of the list. This is the best place to be in when it comes to
getting paid.
3. How can I use tax liens and tax deeds to recover my stock market losses?
One
way to use liens and deeds to recover from stock market losses is to
purchase the certificates inside of an self directed IRA. You can
transfer your money from your traditional IRA to a self directed IRA
without any penalties. If you already have an IRA with a traditional
brokerage company, it will be simple for you to transfer it to the self
directed company of your choice. This will allow you to purchase you to
stay ahead of inflation. If you purchased tax liens in a state like
Illinois, you will receive a 36% return on your money. The interest rate
is paid out at 18% every six months.
You can also become a
wholesaler of these certificates. It isn't too much different than
"flipping" houses once you master the concept. You can be known as the
"go to " person in your town by passing on great high return deals to
your colleagues.
4. What if I can't buy liens or deeds in my state?
If
you can't purchase liens in your state, you can learn how to buy them
in other states. The great thing about liens is that you can buy them
from any tax lien state that you choose. Keep in mind that you do not
have to travel to the state where you choose to purchase your
certificates. This can all be done from the comfort of your home. Simply
contact any tax lien state's tax collector office, and they can direct
you to their lien certificate information. Most states have the
certificate information on line.
5. What are the road blocks that are stopping me from investing in tax liens?
The
only road block that is stopping you from purchasing certificates is
you. It's not your fault. Good certificate information is not
circulating in the market place. Once you know better, you are supposed
to do better. As long as you have the proper education, you will do just
fine in tax lien and tax deed investing.
6. What are some common tax lien investment strategies?
Some
great strategies are wholesaling, buy discounted liens, and contacting
property owners who have tax liens on properties and asking them if they
are interested in selling the property.
7. How do I get started investing in tax liens today?
That
is the best question that you have asked today. You will always have to
ways of doing something new. The first way is to do it yourself. This
way always leads to mistakes and lost money. Ninety nine percent of the
time the lost money will be yours.
The sky is the limit.If you are interested in learning more about Tax Deeds and Liens, you should click on the link below. It is a great place to get started if investing in real estate is what you are looking to do. Yes, you can still make a fortune in Real Estate with this Ultimate Real Estate system. >>> http://bit.ly/1ukjzFZ
The sky is the limit.If you are interested in learning more about Tax Deeds and Liens, you should click on the link below. It is a great place to get started if investing in real estate is what you are looking to do. Yes, you can still make a fortune in Real Estate with this Ultimate Real Estate system. >>> http://bit.ly/1ukjzFZ
or
You
can seek help from someone who is actively doing the business and become
their apprentice. There really isn't any reason to do this on your own
and make that mistakes that we both know that you will make.
I will be glad to talk to you about setting up your new business as a tax lien investor.
Article Source:
http://EzineArticles.com/?expert=C._L_Jones_II
Article Source: http://EzineArticles.com/3414544
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