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Follow on Google News | How to Get High Returns with Less Risk – Investing For Success Masterclass From The Tax Lien LadyBy: TaxLienLady.com Money can be made from the government's right to collect unpaid property taxes Here is how it works: When a property owner fails to pay their property taxes, the local government can place a lien on the property, for the back taxes owed. The lien gives the government the right to collect the amount owed plus interest and penalties. If the property owner fails to pay, the government can auction off the lien to investors who are willing to pay the outstanding taxes on the property. Investors can pay the outstanding taxes and become the lien holder of the property. This gives them the right to collect the amount owed, plus interest, from the property owner. In some states, the interest rate can be as high as 12%-24%. The risk of tax lien investing is relatively low because the government is the one that stands behind the investment and they have the power to foreclose on the property if the owner fails to pay the taxes owed. Also, tax liens are typically low-denomination investments, meaning that the risk can be spread even further by purchasing multiple liens, thus diversifying the portfolio. "Overall, tax lien investing can be a profitable investment option for those who are looking for high returns with relatively lower risk," says Ms. Musa. "But here's the catch, you've got to do it right or you can lose your money by not following the correct rules and state-specific procedures. You can also lose money on your investment if you fail to conduct proper due diligence and research before making any investment decision." How to get high returns on money with less risk is the topic of our next Free Investing For Success Masterclass on Thursday, May 25 from 12:00 – 1:30 pm Eastern time. This is a live virtual training conducted via Zoom. This masterclass is for investors who have already purchased their first liens or deeds and newbies who are just getting started and haven't done anything yet. It's also suitable for the curious who want to learn more about tax lien and tax deed investing to decide if this investment vehicle is right for them. Register at https://taxlienlady.com/ End
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