Maps are one of the important documents that you have to research, review and keep in inspecting properties. You can easily find map analysis of these technical maps online. Secretlandprofits.com, datatree.com and dataquick.com are few of the websites that provide such technical findings in a simpler format.

Few maps can help you with your data needs. Those maps range as follows:
1. plat map;
2. thematic map;
3. weather map;
4. tax base map;
5. population map;

Plat map just points the exact location of a property and its adjacent communities. Plat map sometime shows important landmarks like train tracks or roads. Thematic map delineates many geographic features like forests, roads and political boundaries. It indicates transportation channels, like railroad and bus routes. A transportation map can illustrate you more detailed transportation channels.

Weather map shows meteorological quantities at various levels of the atmosphere. It shows temperature, wind directions and wind direction. This map often translates into flood, typhoon, tornado maps.

Flood map plots the flood area. It will inform you if a property is flood-prone or not. When a property is within the flood area, drop the property from the list. Typhoon map shows the typhoon path. The map sometimes details the frequency and intensity of typhoons that pass through a community. Likewise, a tornado map can also be available to show you where a tornado often hits. When a property is within the typhoon or tornado path, drop it. Any household would not likely reside in such a dangerous location.

The property tax delinquent investment system works anywhere in the country. It works particularly in the fringes or suburb or surrounding of a metropolitan. It works in rural areas that are just 3-4 hours travel away from the city. It works in these areas because it is only in these areas that you find $300-5,000 worth of properties. You would not find $5,000 properties in metropolitan areas. Aside from stiff competition, minimum bidding price in metropolitan is high because of great income potentials that cities offer. Though metropolitan fringes behave otherwise, cheap rural lands have its own marketability and attractiveness that sells. In fact, many people in US seek for rural lifestyles.

My system works in any country and the simplicity and usability of the business model I developed works ten times better then the old real investing industry methods. You only need a phone, computer, simple Microsoft Office, maps and internet access in this business. The phone, internet access and computer are most useful. Microsoft Office, specifically Word and Excel, is useful in making your letters and little computations. Maps and internet access are useful for additional reference in inspecting properties and other relevant information for the business. You can do 98% research online for aerial photos and pinpoint locations. GPS can also help. In fact, some students use GPS, but it is not necessary. It is personally useful when I am in the road and during teaching.

Though the property tax delinquent investment system is useful to anyone, it can only be relevant to few people—people who have great interests on changing their lives; those who wanted to leave their day jobs and earn more at the comfort of their time and pace; those who are overly motivated to learn.

The road that leads to Tax Delinquent Investment Success

I’ve discussed three types of letter that I usually write in my Tax Delinquent Investment business. What I will discuss in detail right now is what I call the 2nd type of letter. You might wonder what this 2nd type of letter that I keep talking about. This letter is similar to the simple letter (the first type of letter). Just like the simple letter, it also states that as a buyer you are interested in the owner’s property. The difference between a simple letter and this 2nd type of letter is that when you write the 2nd type of letter you are already setting a price tag you are willing to pay for, for their property. So, when you are writing this type of letter even if it’s the first time you are writing the seller, you will be including a price that you are offering them for their tax delinquent property.

You might think that this is an unusual idea. The main reason is, it would require you to do a fair amount of research on these properties. If you are sending out 500 letters you need to state a price for each and every single one of those properties. A price you are willing to offer for each and every single one of these properties. This may take a lot of work and time. Good thing about it is you will not have lengthy time to talk to the owners, they already know where you stand in terms of price offering. This is also best when you are a beginner in this business. When you are still feeling out your own individual style in offering a price or when you are still developing your skills in negotiating.

Don’t be afraid of the 2nd type of letter. Even writing a hundred letters of this kind in one county, or 3 to 4 subdivisions in a county is not difficult. As long as all these properties belong to one county only. In that case it would be easier to get the price range as most properties located in close ranges usually have very similar values. More so if the properties you are interested in were clustered in a subdivision or in gated communities.

You need to do a comprehensive research when you use this 2nd type of letter. One of the most important things you would need to find out is how much the properties in that area generally sell for. Once you have figured out a fair price to offer to the seller, then you have to remember to attach a sale agreement type of document to this letter..

So, what you are sending them are two separate documents stuffed in one envelope. The first page will be your letter of intent to buy with the price you are offering for their property. It will also state an introduction to the attached document, prompting them to reply if they are interested in entertaining your offer. That would be the second page of your mailer. This is the sale agreement you will send them. The property details should also be stated in this sale agreement. This will let them know which property you are really referring to and if they end up returning this document to you, you know it’s a sure deal.

The simple letter just states your intention to buy their tax delinquent property but I want to call this 2nd type of letter, the simple letter with an edge. Not only are you letting them know you are interested in their tax delinquent property, but you are also putting a price tag on it. It allows the seller to think that you are really serious about taking over their burden and relieving them of their tax delinquent property. Whichever you decide to use, make sure you know which type will work best to secure your acquisition of the property. When you get down to mastering that, you’re off to a great start in the Tax Delinquent Investment road.

This is the other side of tax lien investment. If you as the tax delinquent investor want a property to be yours, then remember that you should go for the property that will most likely not be redeemed by the owner. What you should be focusing on are the lower value properties that you have on your property list of tax lien auction properties. Here, all you need to focus yourself on is the smaller properties where the improved value is not so high. You basically mark the tax lien certificate somewhere between $50 to perhaps $600 in your property list. You may also want to discard all of the higher valued properties because chances are those will get redeemed by their owners or owner’s lender.

After the point that you already know which properties you want, all marked in your list. There will still be a few properties left over, which cannot be categorized, by cost, so there is still extra research to be done. You will need to get the addresses of these properties to know how to categorize them. Getting the addresses of these properties would probably take two or three hours, either in the county, or two or three hours on the computer, perhaps even less than that.

Once you have the addresses including zip codes, you can go and split these properties again in 2 different categories. Properties which are located in the metropolitan areas and properties that are located in the outskirts of town. Remember rural properties are more likely to be of the lower values. In this case you are doubling your chances that the owner will not redeem the property and you will be become the owner.

Getting information from the county is a skill set of its own but is only half the battle. Narrowing and categorizing that list is another. Knowing how to do this properly will be an important factor in winning that property and adding to your tax delinquent investment portfolio.

My 6-week tele-workshops, direct email replies, instructional CD of the month, free sample documents and the internet are recommended references to learn and succeed in tax delinquent property investment. They will carefully prepare you in this business and teach you the tricks of the trade.

The tele-workshop will teach you 26 effective ways of selling properties. My direct email replies will enrich your understanding of the business, as they will answer all your inquiries. CDs of the month are instructional materials that provide you specific information of doing things related to the property investment. Free documents will guide you in drafting your own sales agreement, offer inserts and letters for property owners. The internet will provide you tons of information like plat maps, titles or just previous workshop recordings.

Those sources provide you essential information for the business, but they are not infinitely valid over time. The dynamics of tax delinquent property investment simply change over time. “New information” always comes up and requires us constant noting. A county might just revise a real estate-related policy or the bidding procedure. We should note facts, observations, ideas and even opinions every time we do internet search, document and email reviews and day tours. You also note to validate information because inaccurate information will definitely result to business failures.

These personal notes are supplementary information. Notes are more handy and accessible than any data source like internet. You cannot always browse the internet for information. Laptop and mobile phone batteries inevitably drain to prevent you from browsing.

Notes are more complete and accurate because they are primary data. We collect them first-handedly especially during day tours. Notes, thereby, are essential and indispensable.