First of all before I start I have to give kudos to +David Sharpe and +David Wood for creating the blogging system that is incredible. I have not learned how to get the readers to my blog yet but they tell you to just keep blogging so here I am. Okay lets get back to lesson number 5 of top ten mistakes in buying Tax Lien Certificates. That would be when entering the high competition markets for Tax Lien Certificates. You have to design your own strategy to get these Tax Liens even though I will provide the 14 step process here soon you will have your own routine. Do not enter the Tax Liens that go up for bidding that is something you can get into after doing this for a while, and your already rich. Instead of investing in the high populations counties like Pheonix, Arizona that is real tough market to get into. You can invest in all the smaller surrounding counties that still have a lot of value. By doing your due-dilligence you will know the best communities to purchase from.
One more important thing is that you do not restrict yourself to just one market there are so many you can choose from. Just remember the more difficult it is of a market to get into the less people are there buying. Most people want it to be handed to them and do not want to do the work. Well like I have been saying this is a win win you can't lose but it does take work in the beginning to learn how everything is done. You need an assignment purchasing strategy, to greatly reduce competition and get the best prices and the highest interest rates. Remember the counties that pay the highest interest rates are the ones that fill your bank account faster. Don't get me wrong even the lowest paying counties at 12% is a lot higher than any bank or market you can reach. Eventually I will explain that too how the market place is a bad investment compared to this, and a retirement program that is the best.
Well again thanks and hope to see you all in lesson 6. Now we are half way done and going over the hump.
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