I want to start investing in tax liens

I want to start investing in tax liens

Realtor · Detroit, MI · Member since 2015 · 211 posts · 104 votes
Any advice on tax lien and deed investing. I am an expert in residential real estate as far as flips and buy and hold. I want to expand my expertise and portfolio. Has anyone ever heard of these guys? Tony Martinez and Saen Higgins Founders, U.S. Tax Lien Association 25 Years of Expert Tax Lien Investment Experience Any advice on how my prior knowledge can help me with tax liens? I’m thinking about learning from the above US Tax Lien association?
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John UnderwoodPro Member
Investor · Greer, SC · Member since 2014 · 13k+ posts · 17k+ votes
8y

Maria,

If they are charging more than $200 I would skip using them. There is plenty of expertise on BP. Read the past posts on the subject then ask any questions you have.

Talk to your local county where tax auctions are held for info.

Attend an auction, get a feel for it. Try and find a mentor at the auction. Take them to lunch and pick their brain.

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  • John UnderwoodPro Member
    Investor · Greer, SC · Member since 2014 · 13k+ posts · 17k+ votes
    8y

    Maria,

    If they are charging more than $200 I would skip using them. There is plenty of expertise on BP. Read the past posts on the subject then ask any questions you have.

    Talk to your local county where tax auctions are held for info.

    Attend an auction, get a feel for it. Try and find a mentor at the auction. Take them to lunch and pick their brain.

  • Real Estate Broker · Coppell, TX · Member since 2011 · 5k+ posts · 4k+ votes
    8y

    What I have found is the national guys often don't have a good grip on local practices.  It is a tough gig to break.  Every jurisdiction while following perhaps the same basic laws works a little differently.  The national guys may give you some broad knowledge, but often don't bid locally...even if they tell you they did/do.   I think the best education is to go to the auctions.  Network.  Talk to people.

  • Realtor · Detroit, MI · Member since 2015 · 211 posts · 104 votes
    8y
    Thank you both, seems like gaining knowledge locally is the best route to take
  • Accountant · Jacksonville, FL · Member since 2015 · 33 posts · 7 votes
    8y

    To add on to previous posts, if you would like just a broad overview of the business and to look at a little more detailed introduction (Probably similar to the things you will learn at a seminar that costs) you can use youtube. They have a lot of videos that literally walk you through the websites and what buttons you need to press. Depending on the county you are interested in they might have examples online, if not you can call the clerks office downtown and they will have someone that can walk you through the site. 

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