Tax Deeds or Tax Liens by Tony Martinez
Tony Martinez is the Founder and Chairman of the US Tax Lien Association, which is an organization that is committed and dedicated to helping others achieve total financial freedom through the power of investing in Tax Lien Certificates. With over 30 years of expert experience, Tony is the world's #1 authority on the subject of creating enduring wealth through the little know strategy of investing in Tax Lien Certificates, which gives anyone the opportunity to earn guaranteed fixed rates of returns of 18% – 36% interest per year, and acquire valuable real estate for approximately 10% of market value.
Asking yourself whether you should invest in tax liens or tax deeds (or both) is important. This should be one of the first questions you explore as you embark on your journey to financial freedom. Your choice will depend on the amount of time you have to commit to investing, as well as the amount of funds you have to invest... among other deciding factors. Below I’ll list a few important points you need to analyze that will help direct you in choosing either tax liens or tax deeds.
Tax deeds on the other hand will require you to potentially rehab the property and market it to sell among other important tasks that can take anywhere from 3 months to a year (if your exit strategy is flipping and selling, or just wholesaling). If you don’t have that kind of time, and if you cannot have larger amounts of funds tied up for that amount of time, then liens may be for you. Liens are typically much less expensive to purchase, though the waiting period is much longer, anywhere from 2 – 3 years on average.
Passive vs. Hands-On
As you know liens are not better than deeds and vice versa. It’s simply a matter of analyzing what you’re capable of doing, and what you actually want to do. You can of course choose both, nobody is stopping you!