bharatbhasha.com
Free Articles  >>  Business And Finance >>  Page 3155  >> 

Investing In Tax Lien Certificates An Advantage Over Other Types of Real Estate Investing





I finally figured out why Iíve been successful at investing in tax lien certificates, but have not been very successful at other types of real estate investing. All this time I thought it was just because thereís less money needed for tax lien investing than there is for most other types of real estate investing. But now I think that Iíve found out the real reason. Itís my negotiating and communication skills, or should I say lack thereof.

Most types of real estate investing require negotiation and communication. You have to get on the phone and talk to someone, negotiate a price, and make a deal. Worse than that, you might have to make a few cold calls Ė you know call someone that has a property for sale or rent who doesnít know you from Adam, ask them about their property, and determine if theyíll sell it to you, at a discount and preferable for no money down.

Well I donít know about you, but when it came to these calls I was terrified of the phone. It wasnít actually the phone that I was afraid of but the person on the other end of it. It didnít matter if they were calling me and responding to one of my ďwe buy housesĒ ads, or I was calling them on their for sale or for rent ad. And then I had to meet them in person, look at their property and negotiate a deal. I just didnít consider myself a good negotiator.

With tax lien investing on the other hand, there is nothing to negotiate. Usually, I never have to talk to the delinquent taxpayer. The only person that I have to talk to is the tax collector and maybe the other bidders at the sale. I donít have to negotiate the terms of the deal. State law already specifies all of that. All I have to be concerned about is exactly how low in interest or how high in premium I want to bid. No negotiating skills needed - Another benefit of tax lien investing over other types of real estate investing.

About Author Joanne M. Musa :

You can find Joanne's articles at <a href="http://www.taxlienconsulting.blogspot.com" target="_blank">http://www.taxlienconsulting.blogspot.com</a>. Joanne Musa is a tax lien and tax deed investing expert who helps investors buy profitable tax lien certificates and tax deeds. You can find out more about the excess proceeds strategy of tax deed investing and get a Free mini-course at <a href="http://www.TaxForeclosureFortunes.com" target="_blank">http://www.TaxForeclosureFortunes.com</a>.


Article Source: https://www.bharatbhasha.com
Article Url: https://www.bharatbhasha.com/finance-and-business.php/148521


Article Added on Monday, July 27, 2009
LD
Other Articles by Joanne M. Musa

Now is the Time to Act Part I
Now is a great time to jump on money making opportunities in real estate and tax lien certificates. In economic downturns like weíre in right now, many investors run out of investment capital. They may have lost money in other investments Ė like the stock market or mutual funds, and have to pull back from investing in real estate, just when itís the perfect time to buy. That means less competition and more opportunity for you. Iím seeing some great opportunities right now in tax lien investing...

Real Estate Investing Training My Quest for the Best Part 1
This past year I have been on a quest to find the best real estate investing training at the lowest price available. I've been successful in tax lien investing, but now I want to use my profits from tax lien investing and put my money into real estate deals. Real estate investing is something that I have wanted to do for a long time. I just found it easier to invest in tax liens. I believe that 2009 is the opportune time, both to get involved with tax lien or tax deed investing, if you've...

Tax Lien Investing How I Got Started
Nine years ago my husband and I sold our 2 bedroom condo thinking that we were going to rent for a while until we were able to find a three bedroom home for our growing family (we had three young boys). We were unable to find a place to rent or buy in the county that we lived in. We moved almost an hour away to a small 2 bedroom apartment in the town that I grew up in. The housing market was just starting to take off and for the next 4 years we looked for a home that we could afford in three...

How to Avoid The Competition At Tax Sales
I know this is probably one of your biggest challenges as a newbie tax lien investor Ė how to avoid all the competition at the tax sale. When you hear about how fierce the competition is at the tax sale, youíre likely to give up and throw in the towel on tax lien investing before you even get started. So I thought that Iíd share with you some ways that Iíve been able to still get double digit returns on my tax lien portfolios regardless of the competition. I have 3 different strategies that...

Buying Tax Liens The Facts
Recently someone asked me some questions that I think are on the mind of everyone who is thinking about buying tax liens. People want to know how much money they need to get started in tax lien investing and if this is something that they can use as their main source of income. In this article I will give my experience of what it takes to get started as opposed to how much money you need to invest in order to turn buying tax liens into your main income source. First let me make it clear that...

Tax Lien Investing Reasons NOT to Buy a Tax Lien
Recently someone contacted me with a very ďvaluableĒ lien that they had for sale. They didnít have the money to foreclose on the lien and wanted either to sell it or partner with someone on foreclosing it. (Have someone else hire a lawyer to foreclose on the lien and share in the profits). When I checked into the property, I found out that it was a vacant piece of land with little value, and the lien holder had already invested more than $16,000.00 into this lien. They had paid subsequent taxes...

Tax Lien Investing Time Verses Money
What do you have more of time or money? Have money but no time? Some investors have plenty of money to invest in tax lien certificates and/or tax deeds, but they donít have the time to do the due diligence and bid at the tax sales. If youíre short on time but you have a substantial amount of money to invest then you might want to use a tax lien agent or a tax lien investing fund to do the work for you. Agents and fund manager are experts at purchasing and managing profitable tax...

Build Your Profitable Tax Lien Portfolio
Profitability is an important factor when youíre considering where to put your money today. Nobody wants to put their money into an investment that can lose value, but in order to make high interest rates you have to take risks, right? That may be what you have been told, and you were probably also informed that if you want safe returns youíll have to settle for less interest. Your local government, however, manages to get high returns on their money, without putting it at risk. How do they do...

Tax Lien Investing What Happens After the Tax Sale
OK, so youíve been to your first tax sale and purchased a few tax lien certificates, now what do you do? That depends on where you purchased your tax liens. Every state has different laws concerning tax sales and what you need to do once you purchase a tax lien certificate in order to protect your investment. Depending on the state and the county that you invest in, there are three things that need to happen after you purchase a tax lien certificate: 1. You receive the tax lien...

Update to Tax Lien Investing Book Review New Edition of The 16 Solution
Just after I wrote a review of three of my favorite books about tax lien investing, I got a call asking me if Iíd like to review a brand new edition of one of them. A second edition of The 16% Solution, by Joel S. Moskowitz, is now in bookstores and Iíve just finished reading it. Itís been a while (more than 6 years) since I read the original version of this book Ė which was somewhat outdated then, so I wasnít sure just how different the second edition would be from the first. I was...

Click here to see More Articles by Joanne M. Musa
Publishers / Webmasters
Article ID: 148521
DELINK URL from Authors Bio
REMOVE Article
Tell A Friend
Leave A Comment!
Download this article in PDF
Report Article!
Search through all the articles:


291 Users Online!!
Related Articles:
Latest Articles:
 
Business And Finance >> Top 50 Articles on Business And Finance
Category - >
Advertising Advice Affiliate Programs Automobiles
Be Your Own Mentor Careers Communication Consumers
CopyWriting Crime Domain Names DoT com Entrepreneur Corner
Ebooks Ecommerce Education Email
Entertainment Environment Family Finance And Business
Food & Drink Gardening Health & Fitness Hobbies
Home Business Home Improvement Humour House Holds
Internet And Computers Kiddos and Teens Legal Matters Mail Order
Management Marketing Marriage MetaPhysical
Motivational MultiMedia Multi Level Marketing NewsLetters
Pets Psychology Religion Parenting
Politics Sales Science Search Engine Optimization
Site Promotion Sports Technology Travel
Web Development Web Hosting WeightLoss Women's Corner
Writing Miscellaneous Articles Real Estate Arts And Crafts
Aging


Disclaimer: The information presented and opinions expressed in the articles are those of the authors
and do not necessarily represent the views of bharatbhasha.com and/or its owners.


Copyright © AwareINDIA. All rights reserved || Privacy Policy || Terms Of Use || Author Guidelines || Free Articles
FAQs Link To Us || Submit An Article || Free Downloads|| Contact Us || Site Map  || Advertise with Us ||
Click here for Special webhosting packages for visitors of this website only!
Vastu Shastra

Cheap Linux VPS Provided By AwareIndia







Company IDS