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Category: Need Advice Current Grade: A Total Views: 779 Member Comments: 0 |
Posted on: 02/07/2008 Posted by: Acuity Blog Points: 101 View all blogs >> |
I was looking in to tax liens and deeds as an investment. I notice not very many investors on this site at least, talk much about it. It seems its like buying Real Estate, only its paper. I know there is real property involved. Some states are liens and others are deeds. You pay the taxes and collect the interest. If they don't pay you get the property for pennies on the dollar.
I also no this doesn't happen very often because the owner comes up with the money at the last minute. Thats where you get to collect the interest when they pay back the government.
Knowing that I know enough to get me into Trouble. "Not knowing enough." I was wondering if anyone has experience in this Field.Any advice would be great.
Please grade more importantly please comment.
Thank You

