Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
New Member Introductions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago on . Most recent reply

User Stats

18
Posts
7
Votes
Bob Martin
  • Real Estate Investor
  • Peoria, AZ
7
Votes |
18
Posts

New Member from Arizona

Bob Martin
  • Real Estate Investor
  • Peoria, AZ
Posted

I'm a retired accountant that has been interested in tax liens for over a dozen years. At one time I worked part time selling Arizona tax lien investment opportunities to small pension funds. This was when we could get the 16% interest in Arizona. We were able to offer the pension plans a very nice return and were able to earn a nice management fee. Then the Hedge Funds and Banks et al forced down the interest rates to the point the business could not make a profit. I stayed away except for teaching my sons to invest on a small scale. Every six months or so I would google tax liens and see if I could find something interesting. I notice a number of tax lien funds looking for investors offering about 5% APR. Not too bad in today's market. Then I found an group that would purchase tax liens for me and do all the work. Their fees are small enough that I would still make a ROI much greater than buying liens in Arizona at the going rate. They also do repairs and sell homes that you aquire through their purchases. They also offer tax sales opportunities. My goal now is to increase my bank account so I can make the minimum investment requirement. I am joining some Investment clubs in Arizona hoping to form a small partnership for that goal.

Most Popular Reply

User Stats

18
Posts
7
Votes
Bob Martin
  • Real Estate Investor
  • Peoria, AZ
7
Votes |
18
Posts
Bob Martin
  • Real Estate Investor
  • Peoria, AZ
Replied

@Daniel Hyman LOL. From Milwaukee, WI. I was born there a long time ago. In grade school I won a ticket to the Green Bay Packers at Milwaukee County Stadium. In 1958. Before Lombardi. Anyway I didn't keep a list of all the groups that would purchase tax liens for you because they either didn't quote past performance or their estimated ROI was too low. Here is the link of the group I am interested in

https://pipgroup.com/

Make sure you watch all the free webinars. They have a lot to offer.

Sadly, since I discovered them about 14 months ago, they have increased their initial investment from $25,000 to $50,000. The TaxLienLady promotes them and she personally invests with them. There is a fund offered about every 12 months that has really good returns but is all sold out for this year (Comian Investment Group). They have a $25,000 minimum investment. Heck I just saw something about some online tax lien sites require a minimum of $10,000. Even some funds offering an estimated 5% ROI wanted at least $25000. It's getting tough for the small guy to get in. Solution is for small guys to form partnership to buy into these $50,000 funds. Best wishes to you.

Loading replies...