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All Forum Posts by: Virginia Heidinger

Virginia Heidinger has started 1 posts and replied 6 times.

Post: Tax lien and tax deed investing courses

Virginia HeidingerPosted
  • Denver, CO
  • Posts 6
  • Votes 1
Quote from @Ned Carey:

@Virginia Heidinger I on a very small basis 20 years ago.  I started with 2 over the counter liens 20 years ago. While it would be harder to do what I did today, what can still work is look for the things that others might ignore or undervalue. 

A friendly competitor of mine bought a public swiming pool at the auction and made really good money. My guess is other bidders just ignored it because they didn't know how to value it. He bought it so cheap that one way or another the was going to make money on it. but it turned out to be a home run. 


 Thank you so much. I've had numerous classes and didn't get anywhere with these companies that supposedly teach you. I researched OTC's a few times and it was junk. So I'm trying to educate myself everywhere I can on the internet and hope to learn enough to have confidence to actually try to buy something. Your story was encouragine.

Post: Tax lien and tax deed investing courses

Virginia HeidingerPosted
  • Denver, CO
  • Posts 6
  • Votes 1
Quote from @Brady Hales:

I follow a guy named Ted Thomas on YouTube. He has a TON of really good information on tax deed and tax lien investing.


 Thanks, I'll check him out!

Post: Tax lien and tax deed investing courses

Virginia HeidingerPosted
  • Denver, CO
  • Posts 6
  • Votes 1
Quote from @Ned Carey:

@Virginia Heidinger the problem is the laws vary tremendously from state to state, sometimes from county to county.  The laws can change from year to year. Maryland has changes almost every year. (I just got off the phone with a State senator about tax sale)   This means that any national course won't have the detailed information you need. 

A book often recomended is "The 16% Solution" I am sure it will give you the basics. There is no harm in buying a $500 to $2,000 course if you can afford it. But realize that NO course will give you all the information you need.  Most courses are specifically designed to drain your pocket to the greatest degree possible and then upsell you. Many of these courses are carefully crafted manipulative scams to get you to buy more. Some will actually provide misleading information. 

Consider this, how much time and capital will it take to recoup a $25,000 course if you are earning 6% returns?  While I have hear the 16% solution is a good book, it has been a long time sice tax sales returned that much. I see tax sales bid down to 4% or less regularly around the country. 

The people who do this well, read the state and local statues and study how the rules of any given auction afffect their costs and returns. We have a  number of experts in particular states that post here regularly for free. 

Be aware tax sale definitly has risk, the returns are not guaranteed, and it is not as passive as those promitiong it would have you believe. 

You can do this! You cannot just buy a course and expect it to be easy and profitable. 


 Thanks for your response. I'm glad I found Bigger Pockets. I've bought three different national courses and got refunds when I realized it wasn't so easy. I've decided to go on the internet and learn everything I can that is free education and see if it can really be done by someone without a lot of money and who can't go to auctions and bid against people who will nearly always win. Those OTC deeds that I've researched were all junk.

Post: Tax lien and tax deed investing courses

Virginia HeidingerPosted
  • Denver, CO
  • Posts 6
  • Votes 1
Quote from @David Dachtera:

Admittedly, I am biased. My recommendation would be to look into Renatus's offerings. The courses are now available "ala carte": you don't need to put out tens of thousands of dollars just to get the course(s) you want.

The Tax Liens and Deeds instructor is a licensed broker in Idaho with 16 years experience including 14 years coaching both new and experienced investors.

Message me privately to discuss ...


 Thanks for your response. I became a member of Renatus basic membership several years ago and didn't do anything with it. Maybe it's time to revisit that program. Although, I think I have to buy up to another level to get the tax liens and deeds instruction. Any advice on how I should dive back in and get involved? I'm in Colorado.

Post: Tax lien and tax deed investing courses

Virginia HeidingerPosted
  • Denver, CO
  • Posts 6
  • Votes 1
Quote from @Account Closed:
Quote from @Virginia Heidinger:

I'm interested in investing in tax liens and deeds. I know enough to know that it is more complicated than it seems. Does anyone know which of the national training groups out there are really good and worth the money they charge? What is the best way to learn how to do this on my own? 

It isn't something I would do without training. There are a lot of "gotcha's" and rules differ by state.

 Thanks. I've taken enough courses to know that there are lots of "gotcha's and rules. I've signed up for three different mentorships and got a refund because I got in and didn't trust the organizations to give me what I need. I'm going to do a lot of studying on my own and see where it goes.

Post: Tax lien and tax deed investing courses

Virginia HeidingerPosted
  • Denver, CO
  • Posts 6
  • Votes 1

I'm interested in investing in tax liens and deeds. I know enough to know that it is more complicated than it seems. Does anyone know which of the national training groups out there are really good and worth the money they charge? What is the best way to learn how to do this on my own?