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Updated over 11 years ago,
Starting Out With Tax Liens.
Hello Biggerpockets my name is Adrian and I'm looking to start my investment career buying tax liens , I am currently going to school , working fulltime and have about 15k to invest. I was looking to buy tax liens in Missouri specifically Jackson County (County Kansas City is in). I have done some preliminary research on tax liens and read a book or to but I'm trying to figure out if 15k is enough to start investing in tax liens or would I just be wasting my time . I know quite a bit about home repair and maintenance and I'm extremely interested in eventually doing rehabs but seeing that I'm 18 and have relatively no credit at all and thanks to the credit reform act credit is even harder to come by if your under 21 now so I figured even though Kansas City has some really inexpensive homes when I add in rehab cost I would tie up most if not all my capital on 1 deal and I wouldn't see the return if I'm using the buy and hold strategy for quite some time. So I figured start out with tax liens and go from there . Also I never really tried to Wholesale thing & I'm not really interested in doing so rather buy and hold , while continuing to work full time. Any advice or information on tax liens would be great!
Thanks ! :D