Tax Lien Investing New Comer

When looking for tax lien investing opportunities in your county or neighboring one you have to be comfortable with research and asking questions.

You have to seek out the knowledge and try out a few strategies for your capital to see what is right for you when it comes to making a profit in tax lien investing.

Even in trying economic times there are ways to make a profit and actually become successful at a new venture. One of the new ventures that men and women are taking on is tax lien investing. It is a long term opportunity not a here today, out tomorrow deal; it is a long term choice that involves educating oneself and being consistent with following the necessary steps towards making it successful for you.

The first step is to understand what you are investing in. Well, every piece of real property is assessed for value and assigned a tax amount that is to be paid to the county or parish in which the property is situated. When a home owner, for example, inters delinquency on those payments then the property goes into a tax lien. Under this process more and more of the property, by the tax amount due, is placed under the lien and it can be transferred to an auction purchaser. This is where you come in. You can either buy tax lien certificates or tax deeds at a fraction as low as 2% of its original value. And in the transfer of ownership from you to another party or even back to the original property owner you can gain financial success.

A good way to start your tax lien investing is to start small and one step at a time. First of all, you can do this by selecting the county in which you reside and beginning the process of researching the lien certificates and tax deeds process in your area. Every county across the United States has its own time lines, guidelines, requirements, limitations and potential for investment. Each county offers much of its information regarding tax lien investing for free through the National Association of Counties. Its website is a valuable resource for all investors of this kind.

Second, certificates are a great place to start putting your money into the market with smaller investment amounts. The tax collector or Treasurer's office of your particular county to find out the answers that you seek to the questions of who, what, when, where and how in regards to the next tax sale in your area and how you can access the list. Whether you are starting out with certificates or are moving ahead with deeds there are hundreds and thousands of unsold ones in each county, you just have to seek out the information.


By: Abraham Avotina