05 Feb Tax Delinquent Property Investing With Jack Bosch
Jack grew up in a small town in Germany, went to school and eventually to college and then to the USA on an exchange program. He did not want for anything growing up but there were no extras either. He came here in 1997 for the exchange program. During this time he met and married his wife. Here is his story.
Soon after, I was making ok money, but working 70-hour weeks! I was the only one from my family in the
In 1999, we started real estate investing. I was still working at my job when we then discovered Tax Delinquent investing. It took 3 years to figure out all the ins and outs of the business. During the trial and error period, I worked out a system that you can buy hundreds of properties and sell for huge profits. Since those days I have done over 5000 property transactions using the system that I discovered. As my business grew, I was able quit my job, and take 4 weeks of vacation to travel and see visit our families. This year we are planning on three months to travel while still making huge profits.
The Advantages of Tax Delinquent Property Investing
There are 4 advantages actually…
1. Low risk- you buy the property with virtually no risk.
2. There are advanced techniques where you can buy a good property for literally pennies on the dollar, free and clear, months before the tax lien or tax deed sales.
3. Tax liens and tax deeds are backed by the government. You can’t get safer then that.
4. You do not need a lot of money to start with, or know a lot about real estate. I started out with no clue about real estate and only a few thousand dollars to invest with.
Better than fix and flip
This beats the fix and flips because you do not have to sink lots of money into remodeling a house. Those types of deals can get you really in the hole if the repairs go further than you expected. I stay away from risky ventures like that. Now with tax delinquent investing you can buy properties for hundreds and sell them quickly for thousands even tens of thousands more. I bought a property for $323 and sold it in 3 days for 35,000.00. Even if it had turned out to be worth less, I would have still made money! I purchased 21 properties for 3,000 and I sold them in three months for a total of 150,000.00.
If your stick in a job you done like right know worried about your retirement like I was a few years ago, I just have one question for you. What is it going to take for you to change your future? You need to do things differently then you have been doing them if you want a different result. Tax delinquent investing was my ticket to a better life, could it also be yours?
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