Best Way to Begin Investing in Tax Liens

[Tyler Lalagos]

I'm new to real estate investing and I'm interested in purchasing tax liens. What's the best way to get started?

[Will Sifert]

 Research and education - search here through old posts, ask questions etc. Each state has their own set of statutes (laws) that set forth the rules you need to follow. Make sure you understand exactly what a tax lien is and how it work, redemption period, etc etc.  Consult with a local attorney who has experience with tax sales. For a couple hundred you should be able to get a consultation and have them go over the basic laws in your area and answer any legal questions you have. Trying to find a mentor.

Ideally, you would want to be located close to where you would be buying the tax liens. What state do you live in, is it a tax lien or tax deed state?

This should probably be the first question you need to ask yourself -> Decide what your investment strategy will be, are you trying to make money from the interest or do you want to try to acquire property?