Certificate Strategy 101

The Florida annual certificate auction is moving towards us with a vengeance, if you don't have your certificate auction strategy in place for the June 1 offering you will be out of time.  I have a simple plan for cert buying, it is basically to stick to the middle of the road which many investors follow and it works.

By using this technique I have found a better chance of winning the certs I bid on as well as receiving them at a higher rate of interest.

For those new to tax certificate investing you can pick up some free tips, tutorials and about 15 pages of q&a at my site.

Anyways, thought I would share some proof which I used when conducting a consult for an accounting firm.  They were very interested in obtaining  certificates and wanted my input on the process/risks/strategies.  I know accountants trust spreadsheets far more than words so I created the proof they needed to see my point.

The spreadsheet was so effective at getting them to see my strategy and plan; I thought you would want to see it as well.

The below linked page offers more info and link to get a free download of the spreadsheet.  The spreadsheet highlights one counties annual auction from last June.  In that county the tax certificates were auctioned in 15 batches with each batch containing from a few hundred to a few thousand certificates.  As in all counties annual cert offerings, each cert is to be bid on indiviually with introductory interest rate at 18%.  Each bid lowers the amount of interest.  When the lowest interest bid results in a tie the one who bids first wins.

Get the spreadsheet at

http://www.floridataxsale-foreclosure-info.com/CertificateInvest.html

Good Information Is Contagious, PASS IT ON!!!