Tax Lien Certificates in Illinois

[Rory Hansen]

Hello tax lien investors! I've begun researching tax lien investments for some time now, and narrowed down my focus to the state of Illinois. I've started the process of zoning in on target markets, specifically in more of the rural counties, as I found the competition in places like DuPage or Cook to be a bit substantial. I'd appreciate any and all advice on specific Illinois counties to look into further (or ones to stay away from), things to look out for within tax lien certificates in Illinois, or tips on tax lien investments in general. Thanks!

[Will Sifert]

@Peter Halliday

If your state has a very advantageous interest % (like Louisiana does) the hedge funds will either hire local agents to go bid for them or send an agent to represent them. They have infiltrated even the smallest of in person tax sales. They showed up at a tax sale last year that only sold about 100 properties total. They got about 35 and I only got 25. The year before they weren’t there and I got almost 50 :( they definitely cutting into my action.