The economy has effected everyone through loss of jobs, stress, and feelings of hopelessness.
This has been the worst recession since the great depression so it's no wonder people are skeptical.
In every bad situation there is a silver lining and that silver lining is tax liens.
Due to many homeowners walking away from their mortgages and many others not being able to afford their homes, many opportunities exist to make money.
You do not need experience or any type of education to make money using tax liens.
Anyone can do it using very little money and some leg work.
You will never want for anything again after taking the action that follows.
The concept is very simple, when a homeowner is late paying their property taxes a lien is placed on their home.
After a limited amount of time the tax lien is sold to investors if it is still not paid by the homeowner.
Many of these tax liens can be bought for less than $1,000, many a few hundred dollars.
At this point one of two things will happen: 1.
The homeowner pays the investor back in full with interest or 2.
The homeowner defaults causing the investor to get ownership of the home in which case they can sell or rent it.
So in a worse case scenario you will get all your money back with interest or hit a home run and get the home which can be valued at hundreds of thousands of dollars.
Not a bad way to make money since it is like buying a lotto ticket that can't lose but has the possibility of winning $100,000.
In conclusion, you don't need much money to get started in tax liens to become wealthy and go from homeless to rich.