Just read:
How to invest in taxlien certficates:America's wealthest kept secret
By Author Doris Robinson

The book was very good in explaining the concept. I have always wanted to try this investment and now I think it could happen. What are your thoughts on this type of ivestment? also what are other good out of the box investments?

Good morning Deanne01, my advice is Go to Vanguard.com they are very good and NO LOAD also T. Rowe Price, they are NO LOAD also and try and look funds up in , MorningStar mutual fund revie, most libraies will have it. Good luck, Bob H.

Send $500 to the RebelArcher Mutual Fund....it will be "diversified" into several bottles of quality Kentucky bourbon






*Disclaimer*
Admin, I am NOT soliciting money...just a bad joke

- it's my opinion that it shouldn't be called an investment it's more like a regular job.

- you will most likely always pay more than the tax lien and closer to the value of the home, which is usually distressed.

- many times you are competing at auctions with developers and house flippers who are bidding based on the potential profit of after they improve the lot or house if they can foreclose on it.

- you can go many auctions without winning any properties.

- if you win a lien and the people don't pay it off you are on the hook for foreclosure preceding's and ultimately you have to be the one to kick people out of their home, sometimes with their only crime being they couldn't afford the $200 tax bill because they had to buy cancer meds, or their spouse died and they were the one that handled all the finances or the one with income.

- you can't really resell a lien so you have to tie up a huge chunk of cash. You basically hand the government your cash for the right to hope some homeowner that has a history of not paying their bills will pay their bill to you on time.

- high yield return should immediately translate in your mind to high risk. And in this case with this type of investment the returns aren't all that high, only the potential ones if you can actually get it for around the opening bid. Which never happens.

- if you find residential real estate investing fun, and love dealing with real estate, have a history in real estate finance, appraisal, repo, contract boiler plate, and bureaucratic red tape and find all that fun, then it's one type of investment.

- don't use your credit cards to finance hoping you will get paid before the company charges you interest. I had a friend that did that.

Those are my immediate thoughts.


People write books about "secret" investing techniques in order to prey on people, to sell books.
Not for altruistic purposes.

The returns and ease and positives they promote may, only may, be seen by about 1% of the people that actually try it.


Getting a job and turning it into a career, always improve your personal skills and knowledge.

Otherwise, talk to a financial manager or investment firm.
Assuming you can talk to them without feeling intimidated in any way so won't be quick to sign anything, plus can spot the difference between someone offering you information and someone just trying to sell you something.

better watch out for the Competition salting your Mash-Barrel!

Any investment plan to be successful will involve time and research into the fund or company.

If it is new and your have not invested before it might benefit you to talk with an expert.

Might also consider getting in contact with companies that manage a lot of funds like Hartford, Wellington, Liberty Mutual, or Nationwide for help investing.

It can also be worth it to pay a percentage to an advisor to monitor your investments after you details your goals.

I always take stock advice,
from complete strangers on the interwebz.