When you get involved in tax lien investing, you will probably be doing this on your own and start a business for yourself. The reason being is that you are most likely to get familiar with every angle of the business, if you deal with it on your own. You are expected to get the tax delinquent list, sort it out, mail the letters and tale the phone calls. You will get familiar with the whole entire process from beginning to end if you do it yourself. Of course expansion will always be in the horizon, especially when you are successful at this. To be a better boss that gives orders and instructions, you first have to know how to do it yourself before handing it over to someone else to do.

You will be going to the County office to secure a tax delinquent list regularly. In the process, you are going to establish good rapport and good relationship with the county office staff. The reason for that is you never know when and where these people can be of help to you in your business.

Then you need to sort out the list and find out which of these properties would be good candidates for investment. Some of the factors that you are going to apply would be the location of the properties and the return on your Tax Delinquent Investment.

After you have determined the properties that you would be interested in, you are going to send out letters to the property owners. This is where you will develop good communication skills in relaying a message in one direct letter, where the recipient, the owner of the delinquent property, will initially be coerced into selling their property to you. You don’t expect that each and every one you are going to send letters to would reply. Direct mailing would normally generate a response ratio of 15% to 20%. So, if you mailed 100 letters, then you might have 15 to 20 replies. Sometimes you get lucky and get the higher percentage of the response rate.

There are several steps you would have to take in securing your Tax Delinquent Investment. I can assure you every step is worth the effort and time put into it. The fortune you are about to earn is well worth every hour you spend working on it. This is the epitome of reaping what you sow, 100 X’s. Being a one man shop in your Tax Delinquent Investment will not only minimize your operating cost as a business but also allow you to gain very valuable knowledge regarding the Tax Delinquent Investment Business.

What are the qualities of a good letter? What makes it unique and useful? These are just some of the questions you try to ask in your letter to a tax delinquent property owner. I might have discussed the 3 types of letters that can be used in writing to an owner regarding your interest in their property. To sum it all up, it is safe to say that the principles of a good letter are: It should be SHORT, easy to read with clear & specific ideas, focused, goal-oriented, factual and sincere. We all know by now that the type of letter with the highest response rate is the short letter. It doesn’t need to be too technical and it doesn’t take too much time to write.

Constructing a short letter shows spontaneity and alertness. It only tackles the concerns of the buyer regarding a property for his tax delinquent investment portfolio. It has to be clear, specific and concise since, you would want all of the owner’s concerns to be properly addressed. You tend to address the issue rather than beating around the bush which is more time efficient and practical. Being focused and goal oriented are other principles that produce a good letter. For example, if you try to include unnecessary comments and suggestions in your letter, that will only confuse the recipient, in this case the seller. You have to be more specific with your objectives, the measurable concerns you have toward the properties. With these characteristics, the property owner will feel that you are sincere and honest with your offer and that you would be a good person to trust with their property.

Why then should we waste time in expressing our intentions to a property owner? Why not try to hit the target directly? Why make it wordy when you can express your ideas in a few words within a short letter? The key principles of a good letter should be taken in consideration to be more effective, time efficient and smarter than any other tax delinquent investors. That is your edge. Remember, in this process, you are only as credible as the letter you write.

There is a niche market in real estate investment: people who dislike to live in the city or small builders who build homes or vacation homes for the upper class.

These people are fatigued of the metropolitan lifestyle—traffic, pollution, crimes, expensive food, noise, etc. They are often the rich and upper middle class households who could afford to buy more than 1 property. Though they often work in the city, they are the households who could afford to travel 1-2 hours to the city. These households buy rural lands to build ranches and townhouses for a more relax lifestyle.

They sometimes are avant-garde artists or writers who seek solace to pursue for creative rediscovery. They too are singles who seek for reflective retreats. The niche market also includes retirees, overworked, home-based and global (or internet-based) workers and entrepreneurs because rural communities provide a healthier work environment and lifestyle like farming. In fact, some fresh graduates are going back to farming. Farming currently offers better earning as more health-conscious eaters grew.

This niche market is huge and expanding because of the sudden near recession of the U.S. economy. More low and middle-class households simply lost their mortgaged houses and rural communities are drawing them in because of cheaper rural properties, especially the tax delinquent ones. These households could not possibly afford another metropolitan property and urban counties could not possibly equal minimum bid prices of rural lands to draw these households back. Renting in the urban area is partially an option to these households because rents are also becoming more costly.

These households, thus, are left with no choices but to relocate to cheaper rural communities for shelter because inflation and weak dollar currency trimmed their purchasing power—a reason that disabled these households to pay their mortgages, foreclosed and lost their houses.

In the Tax Delinquent Investment business, it would be best if there were a time frame to finalize a contract. If you made an offer today you should let the offer expire ten days from that date. You need to calculate days from the time you send it out in the mail, it takes somewhere between one and four days to get to the recipient, to the seller. Then the seller has about three to five days to make up his mind on whether or not he wants to accept it. That brings you to give a time framed offer.

Even if the seller is out of town, it leaves the a little bit of time for the mail forwarding to occur. It gives a small window for the seller to just leave the offer to sit around or even think it through again. It allows for a lot of procrastination on the seller’s part to happen. If they do not sign it by then, it expires and the offer is no longer valid. It means your offer is null and void. At this point either they have to contact you or you might decide to call them to remind them of these dates.

Now when the offer is signed by the seller and returned to you as certified acceptable you now have to put a time cap for the sale agreement. You need to give the sale agreement about 30 to 45 days before the sale agreement expires. This ensures that in a given length of time the property can go to escrow and is definitely titled to you.

Giving each step of the way a time limit will allow a Tax Delinquent Investor a good gauge of when they can put an investment back in the market. The sooner this can happen, the sooner you can turn your investment into profit. In Tax Delinquent Investing, time is of an essence. This is not a waiting game. You want to be able to forecast when you can close the deal, seal the contract and cash in your investment.

Earn by not buying tax delinquent properties. Earn by paying the interest payments accrued from the redemption deed. This redemption technique is however in only a few states like Texas and Tennessee.

The rule is that the for a period of time the original owner can take back his/her property even after the property is sold. It is what the law call redemption deed right.

It is a weird policy but it is the way it works, especially in Texas, where the original owner can redeem his sold property up to a half a year after the auction. If the property is homestead or place where you were born, the redemption period can extend to 2 years. For real property investors, the scheme is vague because in 1-2 years, the original owner can legally re-claim his property that you have bought or worst, developed on. What if the investor had already built a store or farmed the land? What if winning auction bidder moved his whole family in the newly-built house?

The attractive side of this redemption policy is the original owner pays the taxes (back) and a flat 20% of the auction price if he/she decides to redeem the property after the auction. In Tennessee, owner pays only 10% of the auction price. This flat 10-20% payment goes and becomes an additional earning to the investor.

Buy a property, say at $20,000 and immediately tell the original owner that you just bought his/her property. When he/she redeems his property and will pay 20%, which will proceed to the new owner, as your additional profit when the time the original owner successfully redeems his property. Do it again, again and again. If land is redeemed in few months, then the new owner receives additional 20% earning for every month passed. For quick redemption and profit, let the owner sign a quick claim deed relinquishing their redemption rights.

With the rise of the number of foreclosed properties and properties for sale for as low as 50% of their previous market value, there is no better time to seriously think about Tax Delinquent Investing, NOW.

There are a lot of folks giving up their properties since they can no longer cope up with the burden of high cost property taxes, increase of their mortgage in the bank or basically they just want to get rid of it as soon as possible. Scouting for the perfect property might seem to be a drag, but there are hundreds and even thousands of properties out there just waiting to be bought. But imagine buying a property for about 25% of its current market value.

Find it out and learn how to make a FORTUNE in Tax Delinquent (and non-delinquent) property purchases for pennies on the dollar at: http://landforpennies.com/secretsrevealed/

And there’s no catch on this one, other than making a fortune on your part or having extra bucks to remodel the kitchen or finally getting a huge flat HD TV for your entertainment room. Who would have thought, that delinquent property investing can lead you to have the ideal dream house set up you’ve always envisioned of?

I started investing in tax delinquent real estate a few years ago and starting with only a few hundred dollars. Now I live the life I’ve always dreamed of. I know that anybody can be successful at this business, with the write education and training. Don’t spend as much as $300,000 on a house you can barely afford when you can find a deal that’s a quarter of the price.

Hey Jack here,

This is CRAZY.

People are going NUTS over video series I am posting on www.LandProfitformula.com.

Seems like the idea of buying “land for pennies”

is a lot more EMOTIONAL than I thought.

Just check out some of the comments from people at the site…

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“Great video. Thanks for sharing. I’m looking forward to receiving the upcoming videos.”

-Tyrus

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“I am very eager to learn more and put these techniques into practice.” -Lynn

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“If this is as true as you allege; this will be great for RE Investors. I’m curious to know the details.” -Dr Ken

—

“OK, you have my full attention now.” – Thor

—

Those are just a few of the many comments we received.

In fact, as of this writing we have 662

comments and more coming in by the minute!

The videos have been viewed now 24,717 times

since we released the series on Sept. 4th .

Right now, we’re going through all the

responses looking for questions we need to

answer and information I need to put into the next video.

Can you really buy land for pennies?

Can you even get land for free?

Is this legal?

Yes, yes and yes.

So if you want me to answer YOUR questions, be sure you go to the site, scroll to the bottom and type in your comment or question.

http://www.landprofitformula.com

I’ll let you know about the next video as son as we have it ready to go!

To Your Success,

Jack Bosch

Tax delinquent properties are cheap and the rural tax delinquent properties are the cheapest.

Counties often auction rural property at the cheapest minimum bid price because of lack of competition—few real estate agents flock to auctions in the countryside because high premium properties are often in metropolitans through traditional real estate investment.

Rural lands are cheap to attract buyers because most people buy properties in the metropolitan because of accessible and available services and income opportunities. Groceries, schools, work, entertainment and everything that one needs and wants are in the urban area. More people, in fact, are moving to the city center, making the urban population denser in the urban than in rural areas for the last 20 years.

Over years, only the rich and upper middle class households sprawl to the countryside. These households often buy to build ranches and farms.

However, at the current surge of oil price increases, American households are becoming lesser mobile. Households are driving lesser or even preferred walking to save. Commuting from your rural house to the urban center for work is just too expensive now. At this, rural lands become lesser attractive (but cheaper) to buyers who work in the urban.

Oil price increase also affected household spending. One of those paralyzed spending is mortgage payment. Economists found that a $2 increase in transportation expenses translates a $50 cut to household mortgage payment. As mortgage payments are sacrificed for more basic household needs, more households—often the low and middle classes—are losing their houses. More houses are foreclosed and auctioned at the time when people are less able to buy. Supply of houses then exceeds demands, pushing prices of properties cheaper. Rural lands, already being cheap then, become cheaper and the rural tax delinquent properties are the cheapest among price-down properties.

You can still make huge profits in real estate though, if you know where and how to buy the right properties!

Trusting your instincts is a natural habit in knowing whether you’ve got the capacity to make quick decisions or not. It makes decision making so easy if you trust your own judgement. If you just impulsively did something without thinking about it, chances are, you won’t succeed in whatever you decide to do. However, knowing when to use your instincts in any given moment to make quick decisions is a skill. A skill you continue to sharpen with experience. In your Tax Delinquent Investment Business it helps you become more focused, alert and goal oriented in proposing to the seller or a tax delinquent property. When do you use your instincts if you happen to be interested in a tax delinquent property that is about to be sold? Let’s say in 4 to 6 weeks.

You now use your instincts in thinking about what amount you should offer to buy that property. This is the time that you should use your better judgement in what letter you should be writing to the seller. Using the best type of tax delinquent investment letter when there is only limited time will ensure your position in acquiring the properties. Use a writing method in form of a letter that takes advantage of properties about to be sold. You will be sure to receive a couple of responses from the letters you’ve sent.

Owners of tax delinquent properties that are going to go up for county auction are usually just burdened with the property, etc. You might be able to purchase these properties for about $50 to $100, record the deed and then let it go for auction. You can then collect the excess proceeds in the future as profit.

Use your instincts and know your options. As we all know, as years go by, property values increase. It is always best to use your God-given instincts in investing. Of course we have to remember that these talents are not automatically discovered. You have to cultivate it and sharpen it. Just as we were given brains to use, our instincts have to be discovered. That can only be done if we have done the work and through experience. In my many years of experience, I have learned that if you follow your instincts and trust your gut feeling, you can make good and sound timely decisions. I have also learned that the timely decisions are the most profitable ones.

When you are involved in tax delinquent investments, selling is most definitely a huge part of it. Even if you have a diversified portfolio: some you sell some you keep, chances are you invested on that tax delinquent property to turn a profit. When you are selling properties you can sell it in a two ways. Either you can sell on cash basis or sell it in terms. The great thing about owner financing land is that you can charge a high interest rate, because most banks will not lend money for land.

In cash sales, the simplest way to sell such property is to put it on eBay. This method is a good way of marketing a property because it is global and eBay is the largest product search engine on the internet today. I suggest this method also because this is what I do. eBay allows you to sell the property on a seller-financing basis as well. Ebay, as we all know, is an online auction, so almost everything is cheaper compared in the open market, so this is the only drawback, even though you can sell a property fast you will not get top dollar for it.

As I mentioned in my other articles on how Information Technology has helped me with this business. In the line of IT, I also conduct online auctions through my web page. Eventually you will have your own web page and it is a good way to sell property. You can even set up your own web page with all the features necessary for an auction, especially if you are internet savvy. People usually end up in your web page through your advertising means and they can readily choose to buy any available properties you have displayed.

In most of these online avenues, you can set up a structure for your auction so it may give you the highest returns. If your strategy is carefully planned, you may even sell your property more than what you would have sold it in the open market. You can make your own rules as long as it remains legal. In Tax Delinquent Investment, it is good to have some knowledge on online marketing and advertising. It could help you in promoting and selling your properties and contribute to your thriving investment business.