All Forum Posts by: Kanku Livae

Thanks for your input. This is great!

There are varieties of ways you can find online that will help you design a website that will suite you specific needs.

Risks associated when investing in Tax Lien and Deed Investing :

1. Property Owner files for Bankrubcy.

2. The IRS files a lien agains the property.

3. Poor or no research before investing in Tax Liens or Deed certificates

4. Buying a property that has environmental issues.

5. Buying properties in Worthless/undesireable/unsafe neighborhoods.

6. Bought or buying a property that has clouded/Uninsureable title.

7. Not doing title searches.

8. Not familiarizing with Tax Lien investing laws before investing.

9. Not learning the rules and procedures for each counties to be investing in.

These are just some of many risks or challenges when investing in tax liens and deeds.

If you could avoid or deal with these challenges, you can invest in Tax Liens and Deeds

with a peace of mind.

perhaps you can enlighten us since you are the experienced one.

Please do much research as you can. Before taking action, you must take the time to Educate yourself as much as you can. Figuring out the pros the cons, what the market is doing, figure out your exit strategy, getting an experience mentor to help you out.

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Kanku Livae

Will Barnard,

Maybe you didn't do your due diligence correctly. Note I said, this strategy could be a lucrative way to invest in real estate if you have done it correctly.

Thanks!

As Donald Trump always say "the money is in the deal!" If you could scope up deals that are 50-80% of market value and selling them 25-30% below market value, then you are having a slam dunk Investing in Real Estate. The question is, how do we find these type of deals? That's easy, at the tax lien/tax deed auctions.

What is a Tax Lien certificate?
-A tax lien certificate is a certificate that a county sells to satisfy a property's delinquent property tax. An investor that possesses the TLC have the "right to first priority lien" meaning if the real property owner redeems the property back during a redemption period attached to the certificated. In a Lien sale you are not purchasing the rights to the property at the sale. However, if the property is not claimed by the rightful owner of the property during the redemption period; the certificate holder of the lien will own the property free and clear from mortgage liens and/or other liens attached to the property.

-In Tax Deed States, its kind of the same as tax liens but the only difference I know is when purchasing a lien, You are actually buying the property deed. Some states like Texas, Georgia, Hawaii are known as redeemable deeds which means it has both characteristics of Lien and Deed States. Redeemable Deed states will sell the deeds at auctions with a Redemption period attached to it.

Note: In tax liens and tax deed investing, there are only two outcomes

Two Outcomes of Investing in Liens and Redeemable Deeds:
1. Invest and property owner redeems: Depending on each county's interest rate, If the property owner redeems; you are Entitles to your initial investment + interest + fees. Can be anywhere between 8%-50% per year.

2. Invest in tax liens and property owner does not redeem- You can apply for a deed in tax lien states/counties and get the property for the price of the back taxes only can be from $25-1million dollars.

Investing in tax lien and deeds can be a lucrative way for beginning and experienced investors alike to start investing in real estate.

If your are completely new to real estate, I would recommend starting out as an wholeseller. A wholeseller just simply means to find deals and lock it up in a contract. After you have locked it up in contracts with a purchase agreement, you just use a assignment of contract(meaning you assign your rights to the contracts) to another experience investor and you get a finders fee (atleast 5k)

Or if you have money, just find a real estate auction where your county is, buy it dirt cheap at auctions then sell it a little bit below market value.

Hope this help