Thursday, 12 February 2009
We have some of the most dedicated students of any real estate program that we've seen. Working with people that are taking steps to improve the quality of their life is motivating to say the least. However, dedication alone will not bring you the success you seek. At the end of the day your success still comes down to your ability to pull the trigger. While the first transaction is a leap of faith for anyone, your training and available resources make the difference between a blind investment and an educated decision. Police officers are required to practice firing their weapon on a regular basis, even though most will never discharge their firearm in the line of duty. Why do they train to perform an action so few are likely to experience? "Practice makes perfect", a saying all of us have heard more than a hundred times. Your success as a Tax Lien investor is based on the same principle. Anything short of a complete transaction could be compared to "book smarts". Only purchasing Tax Liens and Deeds will provide you with the knowledge and the confidence to become a successful investor. We often tell students to start small, making small purchases until they feel comfortable with larger investments. If you find yourself dead in the water with your training, don't give up or lose hope. You're only a transaction away from the best learning experience yet.
What types of Liens or Deeds can you purchase while building your base of knowledge and experience? The answer to that question depends heavily upon the funds you are working with. Inexpensive Liens and Deeds can be found on almost every list, pre-auction or Over the Counter. Is a $50 lien or deed a good purchase? Yes, absolutely, but not because the lien is valuable. In fact, the lien itself will most likely be against a worthless piece of raw land. The value lies in the experience itself. After making your initial purchase(s), you will be prepared to move up to a higher investment amount. Valuable Tax Liens and Deeds can be purchased in almost every part of the country for $500. It is our hope that every student that enrolls experiences the success they so desparately need. Unfortunately, short of purchasing the lien or deed for you, our help is limited to the training we provide. If you haven't made your first purchase yet and you're looking for the next step, we encourage you to simplify the process by lowering the investment amount.
