These are some notes I took at financial seminar last fall. Hope they can be of use.
– County receives their revenue to finance basic operations.
– Property owners receive temporary relief from debt.
– Investors receive a high rate of return.
– Texas office 25% redemption clause. Homeowner can buy back when they pay their taxes
– if the house is unoccupied the home owner has six months to pay. After six months. The lien owner can have the home when they pay the fees and taxes.
– If home is occupied. They get two years to pay back their taxes.
– An appraiser office will tell the HX code on the property.
– Invest what you want to travel so that you can use the trip as a business expense. When you want to the property.
– Before you buy. Make sure to do due diligence. Want to know what taxes are due.
– For requirements for tax lien/deeds:
– be ready to devote 2 to 3 hours a week in the beginning.
– Want your experience will take 45 Mr. Tax lien.
– You want to acquire knowledge on online cells.
– The biggest challenge is getting access to the tax lien information. You need resources from coast-to-coast.
– You need a strategy. If you are passive liens and deeds may not be the best option.
– Osman designs: member has a residual care facility as a source of income
– Syndication: people can invest their money pool their resources to invest their money.
– United States printed and invested $85 billion to invest in the economy.
– Nice day to $7 trillion in debt.
– Nine countries are working together to bypass United States dollar.
– You will need more than a Mormon pantry for survival.
– When people have money they have options.
– Money magnifies the kind of person you are.
Have something to add to the list, please do so in the comment section of this blog.