Tax Liens AZ
Hi Everyone,
I have some questions regarding tax lien sales in AZ. The information I have found online has been pretty ambiguous and is usually a pitch to buy some sort of e-book. I'd rather get information from people who have experience in this Area.
I grew up in AZ and I'm a recent college graduate--I've moved to the bay area. I have no significant debt and I'm looking to invest in tax liens in Arizona. I should have about 10k saved for investment purposes by next February. I wanted to know the following things.
1) What is the process of investing in tax liens for Maricopa County? I know they sell OTC as well, what is this process? If OTC is viable process for returns, will investing around 1500 a month into OTC be a good path?
2) What should I look for in a property?
3) What kind of returns should I expect. I understand it is a bid down process on the interest rate, but what is a reasonable expectation.
4) Where can I find research regarding these properties. I have only been able to find parcel information, without addresses or ownership information.
Thank you all for your help!