11 Sep Tax Delinquent Investment Basics
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.
Here's what some students have to say about Jack's Training Programs...
JOIN JACK'S FREE TRAINING CLASS TO LEARN MORE