Profit by Investing in Real Estate Tax Liens

ebook Earn Safe, Secured, and Fixed Returns Every Time

By Larry B. Loftis

cover image of Profit by Investing in Real Estate Tax Liens

Sign up to save your library

With an OverDrive account, you can save your favorite libraries for at-a-glance information about availability. Find out more about OverDrive accounts.

   Not today

Find this title in Libby, the library reading app by OverDrive.

Download Libby on the App Store Download Libby on Google Play

Search for a digital library with this title

Title found at these libraries:

Library Name Distance
Loading...

Profit by Investing in Real Estate Tax Liens introduces an investment alternative that is safe, secured by real estate, administered by the government, involves no brokers, is enforced by state law, and gives fixed returns.

Selling tax liens or tax deeds (depending on the state) are the two ways that counties across the country bring delinquent property taxes up-to-date. This investment is one of the least publicized and safest ways of investing in real estate, designed to give the investor either a fixed return, as in the case of investing in tax liens, or a property for 10 to 50 cents on the dollar, as in the case of a tax deed sale. In most situations, the property is ultimately transferred free of any liens, such as mortgages.

Profit by Investing in Real Estate Tax Liens also debunks the common myth that tax delinquent properties are run-down and shows that liens exist on every type of property. Author Larry Loftis, an attorney and active investor, has purchased liens on properties owned by Julius "Dr. J" Erving, Hector "Macho" Camacho (world champion boxer), Chase Manhattan Bank, LaSalle National Bank, and even a building whose major tenant was the local sheriff's department!

In this fully revised and updated guide, Loftis helps investors avoid the pitfalls while answering all the key questions and facts they need to consider, including: what the difference is between investing in tax liens and tax deeds; how an investor goes about bidding at tax sales and the applicable process; the different requirements in each state; the greatest risks in real estate investing; how to use the internet to purchase liens across the country; updated information for tax and other laws affecting the purchasing of tax liens; and helpful forms, contracts, and sample letters.

For investors eager to get started, Loftis's action plan provides details on the next steps to take, while real-life examples in every chapter bring the concepts down to earth.

Profit by Investing in Real Estate Tax Liens