Any advice for Tax Lien starters?

[Jack Zuchars]

Toying with the idea of tax liens. Mostly because it seems to involve somewhat lower cash outflow. My questions to the group are,

-what should I absolutely watch out for?

- I've heard FL and TX are good states to start with tax
liens, is it true? Any advise here?

- I find it hard to believe someone who is behind on
property taxes will pay the lien holder back taxes and
15-20% interest! Do Lien holders almost always end up
evicting the owner? Isn't that a long process?

Thanks again.

[Adrian G.]

Originally posted by Joe Donohue:

- Don't buy a lien on a property that you have not seen! I think this is the golden rule for tax lien investing.

Where did you pick up this "Golden Rule" from? I been buying tax liens for a few years and even though I have been to a few properties locally I can honestly say that I almost NEVER go see the properties that I acquire. Although I must say, I do a ton of research before I buy a lien.