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Updated almost 10 years ago on . Most recent reply

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Michael J Cohen
  • Investor
  • Beverly Hills, CA
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Tax Liens

Michael J Cohen
  • Investor
  • Beverly Hills, CA
Posted

Hello Guys, I am new to your site, but in need of help, i am looking for training in Tax Liens and all that i have found is US Tax Liens Association.  Has anyone heard of them, bought thier program, or know anyone who has. Wanting to pull the trigger and learn but don't want to get caught up in a scam.   Thank you and please contact me asap,  MJ

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Mike Sedlacek
  • Portsmouth, VA
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Mike Sedlacek
  • Portsmouth, VA
Replied

Yes I have. They teach what you can find out for yourself and they want $1,500. In NY state I can't use Tax Liens to buy Tax certificates because only NYC issues them The rest of the state does not. I'm moving to Virginia and they too don't have tax certificates and they auction tax sales starting at the assessed value of the property which is at 100%. Hard to make any money that way, very few bargains. 

For you to save money you can just due deligence to find out for your self what your state does when a home owner doesn't pay thier property taxes. You could end up using your own money to buy tax certificates and then wait out the period when it comes time for the city to conduct a delinquent tax sale. Or contact US tax lien association and pay thier price for thier course.

I swear a lot of these so called real estate gurus are making money on lazy people that don't want to spend the time to teach themselves. This site is a great place to learn and it cost so little to get started. My opinion. Thanks

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