What Do You Think About Tax Lien Certificates?
What are the pros and cons of tax liens certificates? I’m more interested in the risks everyone talks about.
What are the pros and cons of tax liens certificates? I’m more interested in the risks everyone talks about.
From what I understand they are not as risky as other types of investments and they pay a fairly good interest rate. The cons are that they are not sold in every county/state in the nation and they tend to require a large up front investment. If the person cannot pay back the lien, you get the house/property, but this rarely happens.
Yes, this is true. Every county/state runs a different form of tax sale. It could be a tax lien or a tax deed or a combination of both. Some do require a large up front investment, but that just depends on your capital because there are small liens available. The possibilities are certainly endless! http://www.Tax-Lien-Database.com is a great source of information for tax lien investors of all levels. For those still learning, they have several FREE eBooks available. For advanced investors, they have all the contact information and listings to successfully invest across the country. For corporations and large investment funds, they have local investment agents and real estate agent contact information. They even have an online market for investors to buy and sell tax liens/deeds between themselves. It’s a great resource!