According to this video, these steps for tax lien investing can help someone gain 18% – 36% interest regularly. The first step for tax lien investing is to contact the county tax assessor’s office and request information about the county tax auction. Ask for where the information is provided, to be on a mailing list, and when this information will be made available.
After you gather this information, find out about registration for the sale. Ask for any documentation required for the sale and the type of payments available for the auction.
Many of the auctions can happen online if they are larger counties. Smaller counties may not have moved into this atmosphere.
Each auction will have some tax liens that did not sell, so ask what happened to the sales tax certificates then. Find out when these are made available for purchase. Many of these sales tax certificates may be several years old and left over from the last few auctions.
The last question is about attendance for auctions and if you have to be present for your bid to be honored. Some counties will allow you to mail in bids, while others allow bidders to join in online and be active remotely from other areas. Some counties may be more strict with attendance, especially if they are having a public auction at a certain time and location.
