What are some Quick ways of making money like investing in Tax Liens?
Everyone wants to make money. But tax liens is one of the best ways, not necessarily the quickest way. Now how do you buy tax liens? First, let’s realize something, typing up about how to earn money with tax liens requires a book rather than a short answer form. But I’ll try to shine the path for you so you know how to get your answers. 1. Tax liens are created when property taxes are not paid. 2. The best states are Illinois, Florida, Arizona, Indiana, etc. They are usually 16% return and above (if you can get the bid). 3. Some counties are putting their tax lien sales online so you don’t have to go to a physical location. 4. There are traps in tax liens. You could end up owning a piece of dirt in some cases that’s worthless because it’s on a toxic dump. Or it could be a swamp land that NO ONE will pay for so you’ll never get your money back. Or you will get bankrupt owners or an IRS lien and never get your money back. 5. Or you could get a lot of money much more than stock markets ca