Don’t miss a single show!
Get the Invest Florida Show Mobile App! Click here—-> | Apple | Android |
Tax Lien Investing
With $14 billion in unpaid property taxes each year in America, tax lien investing is getting more and more attention from investors these days as a lucrative, low risk alternative to the volatility of only investing in the stock market.
When property taxes are not paid, counties are not able to fund services such as school teachers, police, and firemen and this in turn disrupts life as we know it. The solution? States have been assigning and transferring these unpaid taxes as liens to private investors which gives local governments an immediate infusion of cash with low risk.
Join us for this week’s podcast as our guest, Melanie Finnegan, gives us an overview of what tax liens are as well as her investment strategies and things to watch out for when investing in tax liens.
Key Discussion Points
[10:28] Overview of what happens when someone doesn’t pay their property tax
[11:13] What is the going rate to purchase a Tax Lien Certificate from the county?
[13:50] Melanie’s strategy for investing in tax lien certificates from the secondary market
[29:26] What are some things investors need to be aware of when investing in tax lien/deed certificates?
[32:01] What do you anticipate would be the return for an investor in the new fund you are setting up?
About Our Guest
Melanie Finnegan is the founder and CEO of Tax Lien Wealth Solutions where she manages its daily operations and handles its company portfolio management and portfolio consulting.
She is also a certified tax lien professional and has been investing, educating, and assisting clients in becoming successful tax lien investors for over 10 years. She has educated herself in every area of the tax lien investing process, and she helps clients implement a strategy that allows them to maximize their ROI and compound their interest.