Has Anyone Taken a Course by Sandra Edmond on Tax Liens

[Lisa Mauritis]

Hi BP Community,

Although there is so much info on the BP website, I was think that taking a course from someone who is actually doing lien investing would be a great idea so that I can move much quicker in investing quicker.  I have taken courses before and know that they give you info but not enough to make good investments.  To make the good investments you have to pay extra for coaching.

I have been watching Sandra Edmond (realestate investor and course presenter) and she seems to be good at what she is doing.  She has a course coming up in Fort Lauderdale soon.  I am thinking of signing up but before I do, I would like to know if any of the BP community have tried her courses and if so, were they able to actually able to earn profits from the information provided in her course?

Thanks!!!!

[Jerry K.]

@Lisa Mauritis I have the results from last year's Broward County tax lien auction in a spreadsheet.  The average interest rate for all the tax liens that were bid on was only 0.72%.  That's right, interest of less than 1% annually!

There were 27,576 liens that were purchased.  Of those, only 204 were purchased with 18% interest rate. Of the 204 with 18% interest - 10 of them were classified by the county as "Rivers and Lakes, Submerged Lands".  Yes - swamp land in Florida.

Of the 204 that earned 18%, the average lien amount was only $298.18.  It would take a lot of liens to make a good return.

The Average lien amount overall was $3,817.54 and the Median lien amount was $1,772.11.  Median means that half the liens had higher amounts and half had lower amounts.

From the counties I follow in Florida (all use online auctions), it is typical that the average rate is below 1% overall.  Maybe the counties with live, in-person bidding get higher rates since fewer investors participate in those auctions.