This is the Best Investing opportunity in the History of Housing..for Tax Lien Investors! Never has there been a better time in USA for tax lien investing, ask anybody that’s doing it!
This economy has made so easy to get a house from your Tax lien
investment , home owners just aren’t paying their taxes and the banks are SO
heavy in foreclosure inventory that it financially behooves them to write off the mortgage and let the property go!
In better times, county tax liens expect to get about a 90% redemption
rate from the home owner. Therefore 9 out of 10 people pay their
taxes before you, the tax lien holder, gains ownership of the house.
When this happens you get your investment back plus interest
back, pretty wonderful worst case scenario, right?
Then things really change in 2008! The foreclosure drama has dropped the redemption rate in many counties to as low as 50%.This is fortuitous for Tax Lien investors, now there is a great chance of getting ownership of half of the houses we get Tax Liens for.
Tremendous!!!
Before the current housing problems, Investors would shop for the highest
interest rate on the Tax Liens assuming that they would only get one to three houses for every ten liens bought.
Huge county government secured interest rates and a few houses seemed
like the smartest thing they could do with their money…it grew fast!But now…oh my gosh…houses are coming back to the investor left and right!Not only are they still getting huge interest rates, but now a tonnof their liens are “magically” becoming houses.
Just one quick example, we bought 6 Tax Liens in the last auction
in Indiana ( love Indiana because they have a 4 month…YES 4
MONTH redemption period)it’s looking good for me to get at least
half of them. That means 50% of our Tax Liens will become houses that we own free and clear for less than $2000 each. No matter how bad the market is it is easy to find a buyer for a house to profit on by selling it for more than $2000!
Best of all, if our buyer gives us a $2000 down payment on a house that I bought for $2000, I’m in a pure profit situation!!!
Your Best Bet for Maximum Profits—–Rent to Own
Creative financing is never more welcome than when the
banks aren’t loaning money. I sure there are millions of people across America right now who would kill to rent to own a house with me holding the note. No bank involvement!
This is one of the best reasons for tax lien investing,
rent to own your way to wealth! If the Tenant pays off the their option,
good for them, they get a house for a fantastic deal.
If they don’t pay their rent on time, you can evict them and get your
house right back on the market. Again, as long as you got enough down
payment from the tenant to cover your investment in the house-you are
in a total profit situation.
This is the secret to making great money from the homes your get
from your tax lien investments, especially in a “down” economy.
There are times in economic history when loans are much harder to
get than other times; smarts investor take advantage of these times
and can help people out of their troubles as a moral benefit.
If you use tax lien investing inside your self-directed IRA, just think
how soon will can retire with the lifestyle you deserve. All your profits
and rent payments accumulate over the years tax free. Imagine not paying
the government 35% on your profits and what that will give you in extra
monies to invest in tax liens.
This is time sensitive because as the economy recovers the fewer opportunities
you while have. So there you go…a very long winded way of saying your crazy not to go to Tax Lien Investing and get
to work investing today!