What Are Redeemable Tax Deeds? Are you familiar with redeemable tax deeds? In most states offering tax deeds, the redemption period ends one day before the tax deed sale, but there are a couple of notable exceptions, including Texas. In Texas you can find “redemption tax deeds” also known as “redeemable tax deeds.” In Texas, counties can auction property after it has been tax delinquent for two years.  Many counties in Texas conduct auctions as frequently as once a month, and there is a continuous stream of valuable real estate available to the highest bidder.  Contact your local clerk’s office or central...

  Tips for Finding Free and Clear or Marketable Titles Generally speaking, a marketable title is one in which there are no liens and the line of ownership is very straightforward. You want to make sure that you can trace the chain of title from one owner to another without finding an unpaid lien or unrecorded death certificate. If you discover any issues, first ask yourself if it can be resolved. If so, consider how much effort will be involved. If it is fairly easy to fix, then go for it. If it is not easy, then weigh the cost of the effort...

  Tax Delinquent Properties: Trash or Treasure? There are a lot of misinformation surrounding tax delinquent property investments. Most notable is the widespread belief that these properties are junk. This has to do with a lack of understanding about why people relinquish their property over unpaid taxes. Let’s examine a few of the common reasons. One of the primary reasons is divorce. Statistics reveal that over half of all marriages will end in divorce. While some situations are resolved amicably, there are plenty that get ugly. In these cases, the property is just a bad reminder of the former spouse, and the emotional baggage...

  Pitfalls to Avoid when Investing in Tax Deeds and Tax Liens If these uncertain economic times have you wondering about safe, alternative investment options, then you should consider tax lien and tax deed investments. With the right tools and a little research, you can achieve returns as high as 16% to 36%. How does it work? Local tax authorities collect property taxes in order to fund their municipal infrastructure such as their school system. A property’s tax rate is a percentage of the property’s assessed value. When a property owner is unable or unwilling to pay the taxes, the taxing authority has...

  Purchase Land Using a Self-directed IRA Millions of Americans invest in very popular Individual Retirement Accounts or IRAs. Unfortunately, the rate of return on these accounts can be woefully inadequate to retire in the fashion that most people envision. Neither traditional nor Roth IRAs are generating sufficient retirement income, and the recent economic downturn has not helped matters at all. In spite of this bleak outlook, there are options available to significantly impact the earning potential of IRAs. In a traditional IRA, you do not have the option to purchase real estate. However, with a self-directed IRA, you can invest in real...

  Potential Pitfalls of IRS Liens IRS liens are incurred when a property owner does not pay their federal income taxes. Although they are rare, it is important to be knowledgeable about IRS liens because they do not go away. They are attached, like glue, to the property of the delinquent tax payer. The lien follows the property whether you are aware of its existence or not. That is why it is critically important to do a thorough title search on any property you are considering. Never purchase a property without completing this step. Consider the following scenario: when you buy a...

  Little Known Secrets to Making Money on Tax Delinquent Properties There are multiple ways to invest in tax delinquent properties. The two most common are tax liens and tax deed auctions. But do not limit your options or earning potential. There are a number of other ways to profit on tax delinquent property investments. 1.       You can actually buy (or sometimes get for free) a list of tax lien or tax deed investors from the county. Contact these individuals and offer to buy any unwanted tax lien certificates (TLCs). Due to changing economic circumstances, investors who previously had plenty of money to...

  Learn Why People Stop Paying Property Taxes Why would anyone no longer want a piece of property? It may surprise you that people are willing to surrender valuable property due to delinquent property taxes. The obvious assumption about such a property is that there must be something terribly wrong with it for them to just let it go. In reality, the vast majority of tax delinquent properties have absolutely nothing wrong with them. Many of them actually have a lot of valuable assets including utilities, maintained road access, city water, and trees. To be sure, there are properties that you want to...

  Learn to Work from Home by Creating Steady Income Using Real Estate Who doesn’t want to work from home? You can determine your own schedule, avoid annoying rush hour traffic, and work at the local coffee shop or on your couch in your pajamas. How does that sound? What if you could create a sustained and growing monthly income of $5,000 to $40,000? Not only is this possible, but you can do it within a year or two working from home part time. It will require some effort, and it will not happen overnight, but in my experience, you will have the...

  Learn the Fast, Efficient Way to Sell Your Property for Huge Profits Purchasing tax delinquent properties is just the beginning. The most important step is finding a way to sell the property as quickly and efficiently as possible in order to maximize profitability.  Guess what? You can do this without jumping through hoops or becoming a realtor. There are more than a dozen ways to sell your property. Right now, I’m going to teach you how to sell your property using eBay. You may be surprised to learn that hundreds of properties are sold every day on eBay. Posting properties at online...