Thinking of Starting in Tax Lien Certificate Investing

[Edgar De La Torre]

Hi BP community,

I have recently been researching about investing in tax lien certificates. I live in the Los Angeles area and noticed that the online auctions of LA County seem to be mainly lots of land. I was wondering if anyone has had any experience in and advice for a newbie looking to break into tax lien certificate investing in Southern California (Orange County, Los Angeles County). Thank you all! 

[Account Closed]

I have been working the tax sale market now for many years and have done well - I work a program called "Tax Sale Poaching" - I don't care much for competition - so I poach tax sales owners where the certificate has been sold or advertised for tax lien sale - I take the time to track them down - when I find them I offer them several proposals - 

• I'll buy their property -
• Or control their property -
• Offer to auction their property
• Do a partnership deal with them - (called hybrid auction sale)
• Loan them money to pay the back taxes - secured with options or pay-back dates
• Take an option to purchase the property with a buy back agreement
• Consult with them - let them know their rights and options
• Manage the property - rent it - share in the income
• Be a broker's broker for them ( Broker's Broker selects and supervise the best most qualified agent to list the property for owners. - This is best for the seller since the Broker's Broker understands the culture of real estate agents, can interview them and determine their success rate in working on certain properties and with clients and their motivation and can questions them in terms understood by agent and Broker's Broker --- Sellers should not risk listing their property with a new agent or an old agent doing all the convenient and unprofessional ways from the past.

There lots of ways to make money with tax sale situations - glad to help - hope this gave you some ideas -

"Real estate investors ----- Be different - be bold - go where others don't - talk with sellers daily - profit from your games, get out of the line of conventional learning and keep it simple."

Charles