Do you want to know the best ways on how to find tax-defaulted properties that you might want to invest in?
Then this short video is just right for you. Watch it now!
Over 10 years ago, Jay Drexel discovered Tax Default Property Investing. Today he owns over 700 Tax Default Investments and buys a couple every single week from his home office.
These investments are in multiple states, they are making anywhere from 10% to 25% ROI. He’s a full-time investor and educator teaching students all over the country about how with the right education, technology, and coaching, you can invest safely and successfully in tax liens from the comfort of home.
For more valuable information click on this link and watch the complete episode: – https://youtu.be/rbrwXPwusDU “Tax-Defaulted Properties with Jay Drexel & Jay Conner”
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Jay Conner is a proven real estate investment leader. Without using his own money or credit, Jay maximizes creative methods to buy and sell properties with profits averaging $64,000 per deal.
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Jay Conner:
So, in the single family house business, we’ve got a long list of ways that we locate potentially motivated sellers of single-family houses. My guess is finding these deals are like completely different than the way we do the single family house business, as far as finding these deals. So how do you locate, how does an investor locate opportunities for tax sales, tax liens, tax certificates to all that
Jay Drexel:
It’s really research, its contacting local areasgetting access to when their cells are. And that’s another thing that a lot of misconception or bad information on is that each area will decide when and where and how they’re going to do those cells. So you’ll see that some areas will have cells once a month. Some areas do a once a year and because the pandemic many areas had to postpone themselves because of social distancing. And so you’re just searching those areas and then you have to find out number one, when is the cell, how does the cell function? Because there’s a lot of different auction processes. There’s bid up, there’s bidding down interests. There’s some states like New Jersey that do both a hybrid of the two. Then there’s somebody more complicated where you’re actually sharing ownership of properties with other investors.
So it’s just a lot of research. What we’ve done at United our team is we’ve created the technology that we can go to our website if we can afford me more about, and I’ll give you all ff great opportunity. If you want to find out more about this, to have a consultation with a tax lien investor, like myself coming up I’ll give you the information on that just a bit. But we have a technology called marketplace pro that really queries a lot of this information for all over the US and puts it in a database. So you can go and find it that way. But traditionally, it’s just a lot of, it used to be a lot of going through county records. If you remember those days now, most things online, but every county, every single area, their websites are all completely different. Some are great. Some are horrible. And I know you’ve probably seen this in looking up county records on properties. You just never know what you’re going to get in some areas.
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