I went to a seminar about a year ago. One of the speakers was a guy named Wayne Gray. Wayne Gray was talking about tax lien investing. He was told us how investing in tax lien certificates could make us lots and lots of money. His ideas were intriguing. It was a cool idea that you could earn 18% on your money, or more by investing in tax liens. Or even pick up a house for cheap. It was an interesting way to invest in real estate. Kind of investing in foreclosures before they are foreclosures. But I wasn’t ready to plunk down a few thousand dollars for his classes or seminar, or whatever it was he was selling. Lots of other people jumped up with credit cards in hand though!
When I got home, I searched Amazon.com for a book on tax lien investing. I found a book titled Profit by Investing in Real Estate Tax Liens : Earn Safe, Secured, and Fixed Returns Every Time by Larry B. Loftis. It only cost me $13. I learned that tax lien investing wasn’t as easy or clear cut as Wayne Gray was making it out to be. Thats okay. I enjoyed the seminar, and learned something about tax lien investing which I had never even previously heard of.