Friday, June 28, 2013

Are Tax Liens a Good Investment?

 I recently heard someone say that tax liens are a good investment, yielding up to 21% in 14 months.  Hmmmm, I wonder....
     There's a lot of homework involved in this...for a good article, check out Forbes online, rather than relying on what you see in business seminars or on television.
     Beware that you can end up with the property you have a tax lien on, and it might be in a ditch.
     The link below will lead you to an article titled "Vulture Investing" and was written in December, 2012 by Morgan Brennan.



http://www.forbes.com/sites/morganbrennan/2012/11/26/vulture-investing-what-you-need-to-know-before-bidding-for-tax-liens/


    

3 comments:

  1. Be especially careful to avoid "get rich quick" schemes.

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