Tax Lien and Mortgage note investing

Charlotte, North Carolina
Tax Liens & Mortgage Notes
2yFollow

Tax Lien and Mortgage note investing

Karl Dunlap
Member since 2024 · 5 posts · 0 votes

Hello for a beginner investor, which type of investment would you recommend, tax liens or mortgage note investing. Also, I also see a lot of online courses on both topics which are expensive. Could someone share where I should start.

0Reply
51 views

Most Popular Reply

Don KonipolBusiness Member
Investor · The Woodlands TX / Avon, CT · Member since 2009 · 6k+ posts · 10k+ votes
2y
Quote from @Karl Dunlap:

Thanks for your response Nicolas. What strategy would you recommend for a beginner?

Totally depends on goals, time commitment, and funds available for investment.  One size DOES NOT fit all. 
Private Mortgage Financing Partners, LLC
WebsiteView Page
1Reply
See this reply in the discussion

13 Replies

Jump to latestLatest
  • Nicholas L.Pro Member
    Flipper/Rehabber · Pittsburgh · Member since 2018 · 6k+ posts · 5k+ votes
    2y

    Neither - these are not beginner strategies

    1Reply
  • Chris SeveneyBusiness Member
    Moderator
    Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
    2y
    Quote from @Karl Dunlap:

    Hello for a beginner investor, which type of investment would you recommend, tax liens or mortgage note investing. Also, I also see a lot of online courses on both topics which are expensive. Could someone share where I should start.

    Tax liens are not as sophisticated as notes but they are not easy either. Also depends how much $ do you have?

    What do you consider an expensive course?

    Which ones have you been looking at?

    did you look on BP for what is recommended? 

    You could learn how to do this basically for free on youtube and BP

    7e investments53 Reviews
    WebsiteView Page
    0Reply
  • Carlos Ptriawan
    Member since 2019 · 7k+ posts · 4k+ votes
    2y
    Quote from @Karl Dunlap:

    Hello for a beginner investor, which type of investment would you recommend, tax liens or mortgage note investing. Also, I also see a lot of online courses on both topics which are expensive. Could someone share where I should start.


     if you think about it, it's different product right,tax liens are basically investing at distressed property/people while mortgage note is basically investing at flips and also rehab property. What's your risk tolerance, I bet tax lien is having way higher risk than mortgage note. At least if I want to outsource the process , I can invest indirectly to mortgage note fund. But for tax lien afaik it has to be done directly.

    Also I think tax lien should be done by professional or specialist in real estate due to unknown risk and regulation involved. 

    In term of reward, I know the reward of mortgage note, but for tax lien it's kind like semi gambling.

    0Reply
  • Karl Dunlap
    OP
    Member since 2024 · 5 posts · 0 votes
    2y

    Thanks for your response Nicolas. What strategy would you recommend for a beginner?

    0Reply
  • Karl Dunlap
    OP
    Member since 2024 · 5 posts · 0 votes
    2y

    Thanks for your response Nicolas. What strategy would you recommend for a beginner?

    0Reply
  • Karl Dunlap
    OP
    Member since 2024 · 5 posts · 0 votes
    2y

    Hello. Thanks for your insight. I have looked at the USTLA course and Tax lien code.

    0Reply
  • Nicholas L.Pro Member
    Flipper/Rehabber · Pittsburgh · Member since 2018 · 6k+ posts · 5k+ votes
    2y

    @Karl Dunlap

    house hack, live-in flip, or standard long term rental with minor cosmetics or value add

    1Reply
  • Don KonipolBusiness Member
    Investor · The Woodlands TX / Avon, CT · Member since 2009 · 6k+ posts · 10k+ votes
    2y
    Quote from @Karl Dunlap:

    Thanks for your response Nicolas. What strategy would you recommend for a beginner?

    Totally depends on goals, time commitment, and funds available for investment.  One size DOES NOT fit all. 
    Private Mortgage Financing Partners, LLC
    WebsiteView Page
    1Reply
  • Nicholas L.Pro Member
    Flipper/Rehabber · Pittsburgh · Member since 2018 · 6k+ posts · 5k+ votes
    2y

    @Don Konipol

    can we agree that tax liens and notes are BOTH not beginner strategies though??

    0Reply
  • Jay HinrichsBusiness Member
    Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
    2y
    Quote from @Nicholas L.:

    @Don Konipol

    can we agree that tax liens and notes are BOTH not beginner strategies though??

    Tax liens I agree on .. but notes through a very experienced vetted Broker who does it for a living is probably one of the safer investments and easiest to do.  AGAIN through an EXPERIENCED Broker and fully vetted not beginners or one of deals or trying to buy notes on your own.

    Podcast Guest on Show #222
    JLH Capital Partners51 Review
    WebsiteView Page
    0Reply
  • Kai Kopsch
    Real Estate Broker · Charlotte, NC · Member since 2016 · 569 posts · 351 votes
    2y

    Hey there, fellow real estate enthusiast! Those online classes about tax liens and mortgage note investing they're about as useful as a chocolate teapot! You don't need to waste your hard-earned cash on those when you've got BiggerPockets for free. 

    Tax liens and mortgage note investing might sound fancy and exciting, but they're not exactly the best choices for a newbie investor like yourself. You're better off starting with something more grounded, like securing funds and getting a few transactions under your belt. Once you've got some experience, you can always dive into those niche strategies later.

    0Reply
  • Lauren Sanford
    Investor · Member since 2024 · 181 posts · 63 votes
    2y

    Given our Decade Plus of Being a note buyer, we would agree with @Kai Kopsch

    0Reply
Join the conversationCreate a free account to reply, vote on answers and follow this thread.
Log InJoin for Free