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Question: Tax Lien Investing?
I am 25yrs old and have been researching the opportunity to invest in real estate. I work in the mortgage biz, so I have a decent backround in real estate. I was building homes in Florida but the market is to soft to build and sell quickly and turn a profit, there is to much uncertainty involved in this market. I currently live in New Jersey and have been very interested in buying tax lien certificates. I would like to be able to speak with someone who is better versed in this area. I’m kinda looking for a mentor type. I have been doing quite a bit of research and found this process varies state to state. NJ, NY, PA and FL are my areas of interest to start. Please respond if you would be willing to help me better understand this opportunity. I would like to speak to someone with hands on experience. THANK YOU
Answer: You should check out this web site, it is based on a tax lien book and they have great discussions on the site:
http://www.InvestingWithoutLosing.com
A realistic interest rate you would get from tax liens is about 12% if you spread it out across Arizona, Colorado, Florida, and other states. That’s not going to make you a millionaire overnight. But it will be a great place to put money during down cycles, at least certainly better than savings accounts. There are also online auctions now that makes it so much easier to invest instead of traveling across state lines.
Here’s a suggested book for reading, I hear the author answers questions directly: [ISBN 0978834682] Complete Guide to Real Estate Tax Liens and Foreclosure Deeds: Learn in 7 Days by Don Sausa
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Question: How would you advertise a NEW direct sales company and convince potential clients that it is a legit company??
I am looking to promote this new Jewelry company and want different ideas (Free or almost free)for advertising that send the message that this new company is NOT a scam, or fly by night company. (like so many advertisements in the online community are.) It is a legitimate company with legitimate founders.
The owner is an established entrepenuer and well known in the diamond business. They have started a Home party plan business promoting high quality fashion jewelry and I would like to find creative ways to advertise my business and build a team of women interested in working from home and being their own boss. I would love someone that is “good with words” that could help me write some catchy, fun, creative flyers signs and weblogs to help me grow my business. (?Bartering is not out of the question, either)
Thanks in advance for your help and ideas!
Answer: “The owner is an established entrepenuer and well known in the diamond business.” — Talk about the owner’s experience and time in the business… that should help relieve fears about a fly-by-night company. Also see if there are some testimonials or if you can contact some satisfied customers to get testimonials?
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