IS A TAX LIEN CERTIFICATE SEMINAR WORTH $2,495?
Robert J. Bruss June, 21 DEAR BOB: I recently attended a motivational real estate conference at a fancy hotel with a free lunch and a well-known ex-NFL quarterback as the special guest. The speaker claims investing in tax lien certificates will return a yield of 16 to 36 percent from counties across the U.S. The price for his seminar package is $4,285, but as a “nice guy” he offered it at a special discount price of just $2,495. I smelled a shark so I didn’t jump in the water. But many people bought the seminar. Are tax lien certificates really this lucrative? –Ken Y. DEAR KEN: Congratulations for not spending the $2,495 for that tax lien course. Yes, tax lien certificates can be very profitable investments. However, you’ve got to know what you’re doing if you want to avoid losing money. An excellent book (cost less than $25) you can read on this topic is “Profit by Investing in Tax Liens” by attorney Larry B. Loftis. It is available in stock or by special order at local bookstores, p