Is there an investor of tax deeds/liens who can teach me everything that they know?
Apr 12, 2009 in
Questions And Answers
I am 15 but i DESPERATELY want to know all sorts of things about money and investing, particularly tax deeds/liens and real estate! I have a BURNING desire to KNOW!!! I have been interested in things like this for about 2 years, but have very little money there is not much I can do to learn…
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One comment
Gary on April 12, 2009 at 7:38 pm
Here is a book to get a hold of. The title of the book is: "Profit by Investing in Real Estate Tax Liens" written by Larry B. Loftis, Copyright date is 2007. Any book store can ordered it for you and I am sure Amazon.com will have it as well. If you are interested in making money then Liens are the way to go. Getting deeds means the possibility of getting the property. I lived in Illinois and I went to my first tax sale last Nov. I paid $4,161.00 for one property and placed a lien on someone's house. 50 days later I got all of my money back plus $750 in interest. Not too bad. Next year, I plan to get three liens. It takes money to make money. Get the book and read it. Also, I suggest go and visit your County Treasurer's Office at your local courthouse and ask questions. Just say to them you are working on a school assignment and they will probably help you out. Good Luck.
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