After Winning Tax Lien Certificates Online

[Emma Chen]

Hi all,

As I said in the other post, http://www.biggerpockets.com/forums/70/topics/116927-results-for-first-time-tax-lien-investment-in-az , I won 8 tax liens in Coconino county. I wonder what I should do to follow up on this investment.

I am thinking to:

1. build a spreadsheet to track timelines for each lien; Timelines for subsequent taxes, redemption period and expiration date.

2. create a financial model to track investment return for each lien and/or this investment;

3. tour the properties I won liens on some time this year in order to decide next step for holding/dumping strategy.

Please suggest anything else I need to pay attention to.

Thanks,

Emma