What is the most important attribute a person can possess to be successful with the Tax Lien and Deed training program?  Having the right mindset, and the ability to work hard are the two attributes at the top of our list.  In fact, these attributes are so important that if they were the only attributes a person possessed, that person would still have all of the tools necessary for success.  Again, those attributes are:

• The right mindset
• Willingness and ability to work hard

How would we describe the "right" mindset?  Having the right mindset for investing is every bit as important as choosing the right investment.  Those with the right mindset operate on a number of principles.  To name just a few, they believe:

• That success is there for anyone willing to put in the effort to obtain it.
• That the world is abundant and that there is plenty of success for everyone.
• That those who don't succeed do so because they fail to try, or they give up.
• That money is only a portion of true success.
• That maintaining balance in your life is the true measure of success.

What would be some signs that you didn't have the right mindset?  You might have consistent thoughts or beliefs that:

• Success may not be possible for you due to where you are located, how much you are starting with, or any other reason.
  
• That all of the best opportunities are already gone.

Why is the mindset of an investor the most important factor for success?  Wealth is more of a mindset than anything else.  Have you heard stories about wealthy people that lost everything, but gained it all back plus more?  They were able to do so because of their beliefs.  They believe that wealth and money flow into their lives, and because they believe this, it happens.

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.   

Some of you may have noticed a new Registration page on the website.  The Tax Lien and Deed Home Study Course comes with 3 month subscription to the website and the weekly Webinar Training Sessions.  Some of you may have received an email recently about the expiration of your 3 month subscription.  This new Registration page enables students to subscribe to additional months of access to PropertyTaxList.com and the Weekly Webinar Sessions.  The monthly subscription is currently priced at $24.95.  However, due to an increase in services and available training that price will soon go up $39.95.  We would like to offer all of the current students the ability to lock in their subscription price at $24.95.  If you receive the expiration notice be sure to go to the registration page and subscribe to the monthly rate.  You will be charged on the same day every month and you can cancel at any time. 

Self Directed IRA's and 401K's with Tax Liens

After working with thousands of tax lien and deed investors we
have noticed an increase in the students that would like to use
their retirement savings for investments. These students have the
motivation and desire to invest in the lucrative world of tax liens and
deeds, but may not have the initial capital to get started. Many of
these students simply want to increase their investment portfolio and
are tired of seeing minimal returns, and in some cases, losses.
Many students have money sitting in a 401K, 403B or a Tax Sheltered
Annuity generating a very limited return. They may have even set
up an IRA, but are not getting the full benefits and the returns they
desire. To understand how this works it is vital to first understand
what an IRA is and how it works:

IRA stands for Individual Retirement Account. A traditional IRA account is a tax deferred
account for personal retirement funds. The IRA account can grow tax deferred until withdrawn. IRA’s can be established for a tax yea401k can be transferred to a self directed account, but when done correctly it puts you in the financial driver’s seat.

There are many companies that set up these accounts. We don’t
recommend one over the other. You can find them through an internet
search engine or by calling the Tax Lien Hotline. We will give you a list
of companies that our students have previously worked with. Whatever
company you choose to set up your self directed IRA with will have
similar processes and requirements. We recommend checking into
several different companies to find the best rate and the company that
is easiest to work with. They will help you set up your account and
give you the guidelines pertaining to investing. You will also be given
a Tax Id number that will be connected to you IRA account.

"What Forms and Information will be required before
Investing?"

It depends on the custodian you are working with but most will ask for
the following:
• General account info, name, address, Tax ID number, etc.
• Description of the lien or deed.
• Amount of funds needed.
• Which county to make the check to.
• How funds are to be remitted.

The New Foreclosure Opportunity

Foreclosures have been hot topic for real estate investors for years and they’re typically the first place new real estate investors look when they wish to get started. With so much publicity and competition is it still possible to make money investing in Foreclosures? The short answer is an emphatic “YES”. There will always be money in Real Estate Foreclosures.

This is important because it is the basis for one of the best real estate opportunities on the market today. Imagine the opportunity to foreclose on tens of thousands of properties for less than 20% of their market value. Imagine a wealth of opportunities held back by their location and accessibility.

Tax Lien Foreclosures

Counties need a source of revenue. The number of services the county government provides might surprise you. Services such as Police and Fire Departments, public education, road construction and maintenance, and the county government itself. Property taxes are the county’s primary source of revenue. We’ve established the importance of the services the county provides with these funds, as well as the steady funding most of them require. The county must have a way of enforcing property taxes. Consider the effects delinquent property taxes could have if not collected.

Depending on the size and population of any given city annual expenditures are likely to be in the millions or billions of dollars. Each state government has statutes and laws regarding the collection of property taxes.

Property Taxes are enforced through Tax Liens and Tax Deeds. A tax lien is a claim made by the County Government against a property within county boundaries due to delinquent property taxes. This claim prevents the property from being sold until the delinquent taxes have been paid. The lien itself is sold at public auction to local investors.

Is it possible to pay your taxes late and not pay some kind of penalty?

Delinquent taxes always have some kind of penalty attached to them. The individuals that purchase tax liens are guaranteed a set rate of return when they purchase the lien. In order to remove the impending lien against his or her property, the property owner must pay all delinquent taxes, penalties and fees.

Upon receiving payment in full the county will cut a check to the lien holder for their initial investment plus the total rate of return accrued to that point. It benefits counties to sell as many liens and deeds as possible. Many counties have had no choice but to sell liens and deeds directly to the public following the sale due to a low turn out for the annual tax sales. It’s not uncommon for counties to have more than 5000 liens or deeds available for a sale, but begin the bidding with less than 20 bidders in the room. In the past there have been far more delinquent taxes than investors in attendance to purchase them in many counties.

This has created a back log of liens which have sat on the books for years. The Redemption period for a lien begins on the day the lien is offered at the annual sale, whether the lien sells or not. This means that liens can be purchased directly from the county with a shorter redemption period than the county's standard time. It's actually possible in many counties to purchase liens that are beyond the redemption period and eligible for Foreclosure immediately after being purchased.

What does all of this mean?

The internet has made small counties just as accessible as large counties, regardless of location. There are literally thousands of opportunities to Foreclosure on properties that are eligible for foreclosure right now.

Foreclosures have been hot topic for real estate investors for years and they’re typically the first place new real estate investors look when they wish to get started. With so much publicity and competition is it still possible to make money investing in Foreclosures? The short answer is an emphatic “YES”. There will always be money in Real Estate Foreclosures.

This is important because it is the basis for one of the best real estate opportunities on the market today. Imagine the opportunity to foreclose on tens of thousands of properties for less than 20% of their market value. Imagine a wealth of opportunities held back by their location and accessibility.

Tax Lien Foreclosures

Counties need a source of revenue. The number of services the county government provides might surprise you. Services such as Police and Fire Departments, public education, road construction and maintenance, and the county government itself. Property taxes are the county’s primary source of revenue. We’ve established the importance of the services the county provides with these funds, as well as the steady funding most of them require. The county must have a way of enforcing property taxes. Consider the effects delinquent property taxes could have if not collected.

Depending on the size and population of any given city annual expenditures are likely to be in the millions or billions of dollars. Each state government has statutes and laws regarding the collection of property taxes.

Property Taxes are enforced through Tax Liens and Tax Deeds. A tax lien is a claim made by the County Government against a property within county boundaries due to delinquent property taxes. This claim prevents the property from being sold until the delinquent taxes have been paid. The lien itself is sold at public auction to local investors.

Is it possible to pay your taxes late and not pay some kind of penalty?

Delinquent taxes always have some kind of penalty attached to them. The individuals that purchase tax liens are guaranteed a set rate of return when they purchase the lien. In order to remove the impending lien against his or her property, the property owner must pay all delinquent taxes, penalties and fees.

Upon receiving payment in full the county will cut a check to the lien holder for their initial investment plus the total rate of return accrued to that point. It benefits counties to sell as many liens and deeds as possible. Many counties have had no choice but to sell liens and deeds directly to the public following the sale due to a low turn out for the annual tax sales. It’s not uncommon for counties to have more than 5000 liens or deeds available for a sale, but begin the bidding with less than 20 bidders in the room. In the past there have been far more delinquent taxes than investors in attendance to purchase them in many counties.

This has created a back log of liens which have sat on the books for years. The Redemption period for a lien begins on the day the lien is offered at the annual sale, whether the lien sells or not. This means that liens can be purchased directly from the county with a shorter redemption period than the county's standard time. It's actually possible in many counties to purchase liens that are beyond the redemption period and eligible for Foreclosure immediately after being purchased.

What does all of this mean?

The internet has made small counties just as accessible as large counties, regardless of location. There are literally thousands of opportunities to Foreclosure on properties that are eligible for foreclosure right now.

It is widely known that the forefathers of this country made the treacherous journey to American to escape the government rule of several European countries. Along with religious freedom, they sought to escape a tax system that provided taxpayers with very little protection. In England three hundred years ago, a property owner that was delinquent in paying their property taxes would most likely lose the property altogether. People were thrown into jail for not paying their taxes all of the time. Our current tax system was implemented early in the history of the country. The system’s objective was to enforce property taxes in an effective manner while still offering property owners a fair chance to settle their debts.

Today property owners are given a grace period following the date taxes are due. This grace period is referred to as the redemption period, or time in which the property owner may redeem all property rights and remove the impending lien. The duration of the grace period is set by state statute, and ranges from 3 months to 4 years. Most property owners have three to five years without paying their property taxes before losing a property.

The Tax Lien and Deed systems in use today are a testament to the great thought and planning that went into the fair collection of property taxes. They were determined not to repeat their past experiences with taxation without representation.

Today, property owners enjoy the peace of mind that if they are late paying their property taxes they won't be sent immediately to jail or lose their property to Foreclosure.

Investing in Tax Liens to earn a high rate of return is perhaps the easiest strategy to pursue safely.  The core concept to keep in mind is that no one wants to lose money or property.  The higher the value, the less likely the property owner is to allow the property to be foreclosed on.  The security of your investment is directly related to the value of the property the lien has been placed against.  Who in their right mind would allow a property to be lost to foreclosure because of $4000 worth of delinquent property taxes?  What if the property has a mortgage?  Financial lenders would be the last to knowingly allow a property to go to foreclosure. If they have been unaware of the debt throughout the redemption period, it will most likely be brought to their attention when the foreclosure process begins.  Foreclosure involves a time in which all parties with a vested interest in the property are notified about the outstanding debt.