I finally figured out why I've been successful at investing in tax lien certificates, but have not been very successful at other types of real estate investing. All this time I thought it was just because there's less money needed for tax lien investing than there is for most other types of real estate investing. But now I think that I've found out the real reason. It's my negotiating and communication skills, or should I say lack thereof.
Most types of real estate investing
require negotiation and communication. You have to get on the phone and
talk to someone, negotiate a price, and make a deal. Worse than that,
you might have to make a few cold calls - you know call someone that has
a property for sale or rent who doesn't know you from Adam, ask them
about their property, and determine if they'll sell it to you, at a
discount and preferable for no money down.
Well I don't know about
you, but when it came to these calls I was terrified of the phone. It
wasn't actually the phone that I was afraid of but the person on the
other end of it. It didn't matter if they were calling me and responding
to one of my "we buy houses" ads, or I was calling them on their for
sale or for rent ad. And then I had to meet them in person, look at
their property and negotiate a deal. I just didn't consider myself a
good negotiator.
With tax lien investing on the other hand, there
is nothing to negotiate. Usually, I never have to talk to the delinquent
taxpayer. The only person that I have to talk to is the tax collector
and maybe the other bidders at the sale. I don't have to negotiate the
terms of the deal. State law already specifies all of that. All I have
to be concerned about is exactly how low in interest or how high in
premium I want to bid. No negotiating skills needed - Another benefit of
tax lien investing over other types of real estate investing.
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
Joanne Musa works with investors who want to reap the rewards of
investing in profitable tax lien certificates and tax deeds. Her tax
lien investing articles appear all over the Internet. Her no-nonsense,
straightforward approach to tax lien investing has earned her the title
of the "Tax Lien Lady." As the owner of Tax Lien Consulting LLC, she has
developed a full line of educational courses for investing in tax lien
certificates and tax deeds. You can get her free special report, 7 Steps
to Building Your Profitable Tax Lien Portfolio at http://www.TaxLienInvestingBasics.com.
Article Source:
http://EzineArticles.com/?expert=Joanne_Musa
No comments:
Post a Comment