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36 articles by Joanne Musa · showing 36

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By Joanne MusaRecently published1 topic

Beyond The Basics For Tax Lien Investors: What You Need To Know And When You Need It

We all suffer from “paralysis of analysis” at one time or another, where we are reluctant to go forward with something until we know all there is to know about it. The problem is, with most things that are worth pursuing, we’ll never know all there is to know about it. And the best way to learn what we need to know is to get started doing it. Tax Lien Investing is no different. Many would be investors never get started. Oh, they buy all the programs and ask a lot of questions, but they never feel they know enough about it to start. They get paralyzed by the fear of the unknown.

Primary topic: Wealth - Creating Wealth and Building Wealth
Wealth - Creating Wealth and Building Wealth
1,275 views
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By Joanne MusaRecently published1 topic

Build Your Profitable Tax Lien Portfolio

Profitability is an important factor when you’re considering where to put your money today. Nobody wants to put their money into an investment that can lose value, but in order to make high interest rates you have to take risks, right? That may be what you have been told, and you were probably also informed that if you want safe returns you’ll have to settle for less interest. Your local government, however, manages to get high returns on their money, without putting it at risk. How do they do it?

Primary topic: Wealth - Creating Wealth and Building Wealth
Wealth - Creating Wealth and Building Wealth
1,522 views
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By Joanne MusaRecently published1 topic

New Jersey Tax Sale Update

I haven’t been to any tax sales in a while, but I did go one tax sale in New Jersey last month and two this week. Besides experiencing these tax sales, I also had the opportunity to talk to other investors that I know and find out what’s been going on in New Jersey and I’d like to share that information with you. New Jersey tax lien investing has changed in the past couple of years.

Primary topic: Wealth - Creating Wealth and Building Wealth
Wealth - Creating Wealth and Building Wealth
1,273 views
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By Joanne MusaRecently published1 topic

Tax Lien Investing: Which States Have the Highest Retu

I frequently get e-mails asking me which states have the highest return for tax liens. Here are the three states that have the highest interest rates on tax lien certificates. They're probably not the states that you have heard about because except for just one county, these states do not have tax sales online: Texasr

Primary topic: Wealth - Creating Wealth and Building Wealth
Wealth - Creating Wealth and Building Wealth
3,501 views
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By Joanne MusaRecently published1 topic

Tax Lien Investing 101: The 4 Things You Need To Know

There are 4 things that you need to know about the state/county that you are investing in before you purchase a tax lien. Those 4 things are: 1. The default interest rate 2. The bidding procedure 3. The length of the redemption period 4. The expiration or life of the lie Default Interest Rate

Primary topic: Wealth - Creating Wealth and Building Wealth
Wealth - Creating Wealth and Building Wealth
1,723 views
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By Joanne MusaRecently published1 topic

5 Tips To Due Diligence For Tax Deeds

Doing your due diligence is the most important element of investing in tax deeds. Doing it properly can lead to lots of profit, while ignoring this aspect of tax deed investing could cost you your investment. Here are 5 tips to help you do your due diligence on tax deed properties to insure that you make a profitable investment!

Primary topic: Wealth - Creating Wealth and Building Wealth
Wealth - Creating Wealth and Building Wealth
2,063 views
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By Joanne MusaRecently published1 topic

Is Online Tax Lien Investing For You?

One of the biggest conce s for new tax lien investors is how can they purchase tax liens without going to the tax lien auction. Many people don’t have the time freedom to attend the tax sale and not every state conducts tax lien sales. What if you live in a state that does not sell tax liens, or if you don’t live in the United States, how can you invest in tax liens?

Primary topic: Wealth - Creating Wealth and Building Wealth
Wealth - Creating Wealth and Building Wealth
1,323 views
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By Joanne MusaRecently published1 topic

Getting Your Tax Liens To Redeem

I just love it when I get checks in the mail from tax collectors for redemptions of my tax liens. But what do you do when your liens don’t redeem and the redemption period is over? This is somewhat state specific because some states don’t give you much time to foreclose once the redemption period is over. You may only have 6 months after the redemption period before the lien expires, in those states you will have to start the foreclosure or deed application process right away and hope for the best.

Primary topic: Wealth - Creating Wealth and Building Wealth
Wealth - Creating Wealth and Building Wealth
1,412 views
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By Joanne MusaRecently published1 topic

Purchasing Tax Liens – Everything You Need To Know

Alright so I can't cover everything there is to know about purchasing tax liens in this article but I can give you what you need to know to get started. First let’s start with understanding just what a tax lien is. When property taxes are delinquent, the government can either sell your property right out from under you - that's a tax deed, or they can sell the delinquent taxes to an investor, giving you extra time to pay them, and giving the investor the interest and penalties that you would normally pay to the taxing district.

Primary topic: Wealth - Creating Wealth and Building Wealth
Wealth - Creating Wealth and Building Wealth
1,327 views
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By Joanne MusaRecently published1 topic

The Top 5 States For Tax Lien Investing

As of the time that I'm writing this article there are only 8 states that have that have online tax lien sales. But some of these states may only have one or two counties or municipalities with online tax sale. For that, and for other reasons that I'll let you know about later, these tax sales may not be worth your time. So here are what I consider to the be the top 5 states for investing in tax liens online: Florida

Primary topic: Wealth - Creating Wealth and Building Wealth
Wealth - Creating Wealth and Building Wealth
3,803 views
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By Joanne MusaRecently published1 topic

Are Over The Counter Liens Deals or Duds?

I get a lot of questions about over the counter tax liens. Would be tax lien investors want to know how to find out which counties have over the counter liens. Some of you have been told that tax lien sales are so competitive that you are better off buying left-over liens from the county. This way you can get tax lien certificates at the maximum interest rate, and the liens that you purchase are beyond the redemption period, you will be able to foreclose right away.

Primary topic: Wealth - Creating Wealth and Building Wealth
Wealth - Creating Wealth and Building Wealth
1,380 views
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By Joanne MusaRecently published1 topic

How Profitable Is Your Tax Lien Investing?

Do you know how profitable your tax lien investing portfolio is? In this article you’ll learn how to track your tax lien portfolio so that you know just how profitable you are at any time. Begin by entering all of your tax liens into a spreadsheet or software program. The best way to index them is by county/municipality, and tax ID (in New Jersey this would be block and lot). You’ll need a column or field for the certificate amount and a column or field to input the interest rate that you are getting on the certificate amount.

Primary topic: Wealth - Creating Wealth and Building Wealth
Wealth - Creating Wealth and Building Wealth
1,653 views
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By Joanne MusaRecently published1 topic

How to Avoid The Competition At Tax Sales

I know this is probably one of your biggest challenges as a newbie tax lien investor – how to avoid all the competition at the tax sale. When you hear about how fierce the competition is at the tax sale, you’re likely to give up and throw in the towel on tax lien investing before you even get started.

Primary topic: Wealth - Creating Wealth and Building Wealth
Wealth - Creating Wealth and Building Wealth
1,253 views
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By Joanne MusaRecently published1 topic

Tax Lien Investing Basics: Six Things You Need To Know

If you believe the hype that you here about tax lien investing, you would think that you just go to a tax sale, buy some liens and make loads of money in a few months. But if that were true than everybody would be doing it! If you’ve actually started to invest in tax liens then you know that there is some work involved in order to be successful. You know that you have to do your due diligence on tax sales properties. And you know that those double digit interest rates that everyone talks about can be bid down at the tax sale.

Primary topic: Wealth - Creating Wealth and Building Wealth
Wealth - Creating Wealth and Building Wealth
1,487 views
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By Joanne MusaRecently published1 topic

Tax Lien Investing as an Alte ative to Investing in the Stock Market

The stock market recently took another tumble, but it doesn't conce me at all. I have very little invested in the market. Most of my investments are in tax lien certificates and the interest I make on my tax liens does not fluctuate with the market. In fact it's guaranteed by the county or municipal government that issues the lien. A Better Investment For Today

Primary topic: Wealth - Creating Wealth and Building Wealth
Wealth - Creating Wealth and Building Wealth
1,540 views
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By Joanne MusaRecently published1 topic

Are Utility Liens Worth Buying At Tax Sales?

Delinquencies other than property taxes may be sold at a tax sale. This includes unpaid utilities, sewer, water or garbage bills or any special assessments. Basically any unpaid bills that are payable to the local government (township, municipality, county or taxing district) and go unpaid can be sold at the tax sale as a tax lien. Just as with unpaid taxes, the lien-holder is in first position and can foreclose on the property if the lien is not redeemed within the redemption period.

Primary topic: Wealth - Creating Wealth and Building Wealth
Wealth - Creating Wealth and Building Wealth
4,586 views
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By Joanne MusaRecently published1 topic

Tax Lien Investing: What Happens After the Tax Sale?

OK, so you’ve been to your first tax sale and purchased a few tax lien certificates, now what do you do? That depends on where you purchased your tax liens. Every state has different laws conce ing tax sales and what you need to do once you purchase a tax lien certificate in order to protect your investment. Depending on the state and the county that you invest in, there are three things that need to happen after you purchase a tax lien certificate:

Primary topic: Wealth - Creating Wealth and Building Wealth
Wealth - Creating Wealth and Building Wealth
1,532 views
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By Joanne MusaRecently published1 topic

Tax Lien Investing: Interest Rate or Penalty, What's The Difference?

If you've been looking into investing in tax liens or redeemable tax deeds, you may have noticed that each state has a different interest rate that the investor is entitled to, and in some states the maximum interest is bid down at the tax sale. But what you may not know is that sometimes what you are getting is an interest rate and sometimes it's a penalty, and weather you get interest or a penalty (or both) can make a big difference on your rate of return.

Primary topic: Wealth - Creating Wealth and Building Wealth
Wealth - Creating Wealth and Building Wealth
2,464 views
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By Joanne MusaRecently published1 topic

What is a Tax Lien Agent?

A Tax Lien Agent is a person or a company that will purchase tax lien certificates and/or tax deeds for an investor. So if you are one of those people who would love to put your money into safe, high yielding tax liens or tax deeds, but you don’t have a clue about how to do it properly, and you don’t have the time to learn, then you may want to invest through a tax lien agent.

Primary topic: Wealth - Creating Wealth and Building Wealth
Wealth - Creating Wealth and Building Wealth
1,569 views
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By Joanne MusaRecently published1 topic

Tax Liens Vs. Tax Deeds: Which is the Best Investment?

Frequently I’m asked the question what is more profitable, investing in tax lien certificates or tax deeds. Whether tax lien investing or tax deed investing is better for you depends on the state that you live in and what your goals are. If you are looking to pick up property under market value than you are better off with tax deeds than with tax liens. If you do your homework and purchase tax liens on good properties, the chances of foreclosure are slim. And in some states, even if the lien is not redeemed, you may not be able to get the property.

Primary topic: Wealth - Creating Wealth and Building Wealth
Wealth - Creating Wealth and Building Wealth
2,103 views
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By Joanne MusaRecently published1 topic

Summer Tax Sales Happening Now!

Have you been meaning to invest in tax liens? Looking for an alte ative to the stock market that will let you sleep at night without worrying about losing your nest egg? Wondering how and where to get started? Well there is no shortage of summer tax sales! If you think you missed the online tax lien sales because the Florida tax sales are over and the Arizona tax sales don't start up until mid-winter...don't let that worry you. There are plenty of tax sales going on right now and coming up shortly from now through September.

Primary topic: Wealth - Creating Wealth and Building Wealth
Wealth - Creating Wealth and Building Wealth
2,046 views
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By Joanne MusaRecently published1 topic

New Jersey Tax Sales

Recently I attended 2 tax sales on the same day in New Jersey and got no liens. At the first sale I went to, I only opened my mouth to bid once. Everything except for one small $72 lien got bid down to 0%, and premium was paid even for small sewer liens. This was at the same sale that I had been successful at the year before, so what happened?

Primary topic: Wealth - Creating Wealth and Building Wealth
Wealth - Creating Wealth and Building Wealth
1,436 views
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By Joanne MusaRecently published1 topic

The Secret To Making Money With Tax Liens

Are you making money with tax liens yet? Do you go to seminars, buy the courses, watch the webinars, read the books about how to invest in tax lien certificates or tax deeds, but don’t do anything? Do you get excited about making money with tax liens or tax deeds, and even though you have all the courses, still feel that you don’t know enough to get started? If so this is a self-defeating pattern that is not getting you anywhere. Let’s change it!

Primary topic: Wealth - Creating Wealth and Building Wealth
Wealth - Creating Wealth and Building Wealth
1,502 views
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By Joanne MusaRecently published1 topic

Can I Invest In Tax Liens With Money From My Retirement Account?

Here’s a question that I get often; “Can I invest in tax lien certificates or tax deeds with money from my retirement account?” The answer to this question is yes, if you have a self-directed IRA or solo 401(k). But what is a self-directed IRA or Solo 401(k) and how can you tell if your retirement plan is self-directed?

Primary topic: Wealth - Creating Wealth and Building Wealth
Wealth - Creating Wealth and Building Wealth
1,490 views
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By Joanne MusaRecently published1 topic

Tax Lien Investing: Time Verses Money

What do you have more of time or money? Have money but no time? Some investors have plenty of money to invest in tax lien certificates and/or tax deeds, but they don’t have the time to do the due diligence and bid at the tax sales. If you’re short on time but you have a substantial amount of money to invest then you might want to use a tax lien agent or a tax lien investing fund to do the work for you.

Primary topic: Wealth - Creating Wealth and Building Wealth
Wealth - Creating Wealth and Building Wealth
1,426 views
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By Joanne MusaRecently published1 topic

Tax Lien Investing Basics: The Difference Between Tax Liens and Tax Deeds

So many new tax lien investors don't know the difference between a tax lien and tax deed. They've heard that tax liens are a great investment and that you can get the property with a tax lien. So they confuse tax liens and tax deeds. For those of you who think that buying a tax lien is a good way to get property, you're wrong.

Primary topic: Wealth - Creating Wealth and Building Wealth
Wealth - Creating Wealth and Building Wealth
1,281 views
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By Joanne MusaRecently published1 topic

Why Smart Investors Are Choosing Tax Liens

Are you conce ed about what's going to happen with the economy in 2012 and how can you prepare for what's ahead? The top financial and economic advisers in North America do not have good things to say about the state of our economy and what’s in store for the next couple of years. But you don’t have to read their financial newsletters to figure out that the government and the media are not telling the whole story about the job market, real estate, the stock market and the U.S. dollar. All you have to do is look around.

Primary topic: Wealth - Creating Wealth and Building Wealth
Wealth - Creating Wealth and Building Wealth
1,188 views
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By Joanne MusaRecently published1 topic

Online Tax Lien Investing Cycles

Tax lien and tax deed investing, just like many other types of investing, follows cycles. These cycles are a result of the fact that most counties only conduct tax sales once per year. What really drives the cycles or “seasons” of tax lien investing are the online tax sales. Some would be investors are under the assumption (thanks to unscrupulous wealth building “gurus” who suggest that you can invest online anywhere in the country) that you can purchase tax liens online in most states.

Primary topic: Wealth - Creating Wealth and Building Wealth
Wealth - Creating Wealth and Building Wealth
1,458 views
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By Joanne MusaRecently published1 topic

5 Reasons Why People Fail At Tax Lien Investing

Tax lien investing is a great way to invest safely for high returns without putting your money at risk, as in the stock market, or other speculative investments. I use tax lien investing as a way to invest my money both for the near future – a few months to 2 years down the road, and for retirement. There are plenty of reasons that I see for investing in tax liens in today’s market like: • Where else can you get an 8- 36% return on your money without a lot of risk? • A tax lien is in first position and comes before all other liens except for other government liens

Primary topic: Wealth - Creating Wealth and Building Wealth
Wealth - Creating Wealth and Building Wealth
2,034 views
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By Joanne MusaRecently published1 topic

5 Steps to Buying Tax Liens Online

There are five steps that you need to follow in order to be a successful tax lien investor whether you investing in tax liens online or in person. But how you follow out these steps is just a little different for the online tax sale. I like to use the acronym “STEPS” to describe these five steps. The 5 Steps To Buying Good Liens Online Are: 1. Select where you will invest 2. Track down the tax sale information 3. Evaluate the tax sale properties 4. Prepare to bid at the sale 5. Show up and bid!

Primary topic: Wealth - Creating Wealth and Building Wealth
Wealth - Creating Wealth and Building Wealth
1,917 views
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By Joanne MusaRecently published1 topic

7 Step Process For Growing Your Wealth in 2012

Step 1: Start Contributing to a Self Directed IRA or 401(k) If you have a 401(k) with your employer that’s good, but not as good as if you had a self-directed IRA or solo 401(k) that you can control. With a true self-directed retirement account you have control and can invest in almost anything you want to, including real estate. I am not a retirement account expert, but I have interviewed a view retirement account specialists over the last few years. And I’ve learned enough to have open a SEP IRA for myself and for my husband.

Primary topic: Wealth - Creating Wealth and Building Wealth
Wealth - Creating Wealth and Building Wealth
1,557 views
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By Joanne MusaRecently published1 topic

Colorado Online Tax Lien Sales

Fall is the season for the tax lien sales in Colorado. Did you know that 12 of the Colorado counties have their tax sale online? These tax sales are different from other online tax sales. In Colorado premium is paid for tax liens. That means that the interest rate is not bid down. Instead an amount is bid over and above the lien amount, that the investor is willing to pay in order to get the lien. So if you are the successful bidder you will pay the premium amount that you bid plus the amount of the lien.

Primary topic: Wealth - Creating Wealth and Building Wealth
Wealth - Creating Wealth and Building Wealth
1,480 views
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