Joanne Muse, our official Tax Lien Investing Expert
Once you have purchased your first tax lien or liens, you need to take some steps to protect your investment and eventually you collect your profit. But before you protect your investment and profit from it, you first need to prepare to be a successful tax lien investor by taking the steps necessary to buy profitable liens. Here are what I call the 5 STEPS to purchasing profitable tax liens.
Select the Right Place To Invest
So many people ask me, "Where is the best place to invest in tax liens?" Or, "What are the best states to invest in?" But the truth is that the best place for me might not be the best place for you to invest. The best state for you to invest in depends on your answers to these questions:
* Are you looking for a high return on your investment or do you want to own property?
* What state do you live in?
* Where do you like to vacation?
* How much money do you have to invest?
* Are you investing with money from your retirement account or after tax money?
* Are you looking for a short term or long term investment?
Read Joanne's entire article 5 STEPS To Buying Profitable Tax Liens
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