Does anyone had an experience investing in tax liens with the Tax Lien Wealth Builders?
Pros and Cons?
Don't pay for information that is readily available for free on this forum.
I just googled this and found a 3 year old thread on BP that talked about people losing money and their bad experiences. Google " tax lien wealth builder reviews".
@Elena Dubinski This might sound silly but I am serious. Just the name alone sounds slimy.
To buy in enough volume to support working with investors, you have to bid top dollar to get enough liens. The high volume guys are working on very slim margins. If you invest with them that means there has to be enough profit for both you and the group you are investing with. That is very hard to do with slim margins.
Especially now the competition is higher than I have seen it in my 15 years of investing is tax liens.
Thank you for your feedback!
I did Google..... for some reason my search did not bring up the info you are referring to. :-(
You are right! There is a lot of info available for free.... it just the search for that security when someone is holding your hand and taking you step-by- step makes it sound very appealing!
Just ask this group any questions you have after you've done some reading.
@Elena Dubinski once I knew about tax liens and had a very basic understanding I took an attorney to breakfast and he cleared up most of my concerns about risks. I started small and grew it over time.
As @John Underwood there has been a lot written here about tax liens. All states are a little different. There are some very detailed threads here about specific states. You can follow this forum or set up a "keyword alert" for tax liens. That is how I found this thread.
Often the county information about the sale will answer a lot of questions.
I am also looking into joining this company and yes there is a lot of information out there so you can do it yourself but what I'm running into is for me I need someone to personally help with all the steps and the software to cut down the time. Yes tax liens are by county and each state has tons of counties, then each property has to be researched and looked at by Google and it takes time. If you are scared in any way about putting money down in any type of investing like purchasing tax liens when your not sure what your doing, you will freeze. That's were I'm at, scared, working for someone else, no retirement and knowing a lot of information but spinning my wheels. No one helps for free.
Tax Lien Wealth Builders are different then Tax Lien Wealth Solutions