Land Profit Generator Review

Land Profit Generator:  Redeemable Tax Deeds?

In the Land Profit Generator, you will become familiar with redeemable tax deeds? In most states offering tax deeds, the redemption period ends one day before the tax deed sale, but there are a couple of notable exceptions, including Texas. In Texas you can find “redemption tax deeds” also known as “redeemable tax deeds.”

In Texas, counties can auction property after it has been tax delinquent for two years. Many counties in Texas conduct auctions as frequently as once a month, and there is a continuous stream of valuable real estate available to the highest bidder. Contact your local clerk’s office or central appraisal office to find out how often that they auction property.

The distinction of Texas tax deed sales is that the previous owner has the option to redeem the property for up to six months in most cases, or in some cases, up to two years if the property was classified as a homestead. If the property is redeemed within the redemption period, the property owner pays a hefty penalty equal to 25% of the highest bid.

To put it in perspective, if a property sells for $20,000 at a tax deed sale, and the owner redeems it within one month, he pays $20,000 plus the 25% fee of $5,000 for a total of $25,000. As the investor, you can earn a 25% return within a month which translates to an annual return of 300% if done repeatedly.

Here’s a quick money saving tip for you, do not put any money into the property that you purchase until the redemption period is over. If you do, and the property is redeemed, you will lose the money that you have put into improvements.

To learn more about redeemable tax deeds or my course, the Land Profit Generator, please visit http://www.landprofitsreview.com . Also, you will have the opportunity to sign up for our free list that brings real estate investing tips and discounts right to your inbox. No spam, just content!

Land Profit Generator:  Tips for Finding Free and Clear or Marketable Titles

As you will learn in the Land Profit Generator, a marketable title is one in which there are no liens and the line of ownership is very straightforward. You want to make sure that you can trace the chain of title from one owner to another without finding an unpaid lien or unrecorded death certificate.

If you discover any issues, first ask yourself if it can be resolved. If so, consider how much effort will be involved. If it is fairly easy to fix, then go for it. If it is not easy, then weigh the cost of the effort versus the benefit of moving forward. It can be worthwhile if the potential profit is still considerable.

On average, I let anywhere from 50 to 100 properties go every year due to questionable title issues. I prefer easy closings and you probably will too. However, you may find scenarios in which it makes sense to move forward when title issues are present. The great thing is that you decide what is and is not worth your time and effort. When you are first starting out, a quick call to a title company or real estate attorney will usually tell how big an issue that it will be to clear a title.

In order to avoid spending money unnecessarily, learn to do title searches on your own rather than using a title company. It’s a fairly straightforward process, and with a little practice, will not take a lot of time. You will end up saving money in the long run. Many counties will have everything that you need available online.

The key to any successful real estate investment is to thoroughly educate yourself. Learn more secrets and find out about my course, the Land Profit Generator at http://www.landprofitsreview.com . Also, you will have the opportunity to sign up for our free list that brings real estate investing tips and discounts right to your inbox. No spam, just content!

Land Profit Generator:  Tax Delinquent Properties, Trash or Treasure?

There are a lot of misinformation surrounding tax delinquent property investments which we will try to rectify in the Land Profit Generator. Most notable is the widespread belief that these properties are junk. This has to do with a lack of understanding about why people relinquish their property over unpaid taxes.

Let’s examine a few of the common reasons.One of the primary reasons is divorce. Statistics reveal that over half of all marriages will end in divorce. While some situations are resolved amicably, there are plenty that get ugly. In these cases, the property is just a bad reminder of the former spouse, and the emotional baggage is simply more than they can tolerate. I’ve personally purchased properties in this situation for a few hundred dollars and then sold them days later for thousands of dollars.

You may be surprised to learn that retirement is another reason property owners allow their property taxes to lapse. An individual may purchase property with the intention of relocating there some day. As circumstances change, and they are no longer interested in moving, it is just easier to let the property go rather than dealing with the hassles of involving a realtor and investing a lot of effort in selling the property.

Another common source of tax delinquent property is inheritance. An individual may inherit a piece of property that they have no use for or no desire to own. Many times the real estate is simply too far away and becomes a source of frustration for the owner especially when there is no emotional attachment to the property. Additionally, they may not have the resources available to pay the property taxes. In this case, the land is a financial burden that they are glad to get rid of. All of these are an excellent source of leads for real estate investors.

To learn more about how you can make money investing in tax delinquent real estate, visit my website http://www.landprofitsreview.com . Look for information on my course, the Land Profit Generator. Also, you will have the opportunity to sign up for our free list that brings real estate investing tips and discounts right to your inbox. No spam, just content!

Land Profit Generator:  Pitfalls to Avoid when Investing in Tax Deeds and Tax Liens

If these uncertain economic times have you wondering about safe, alternative investment options, then you should consider tax lien and tax deed investments. With the right tools and a little research, you can achieve returns as high as 16% to 36%. How does it work?  We will explain it all in our new course, the Land Profit Generator.

Local tax authorities collect property taxes in order to fund their municipal infrastructure such as their school system. A property’s tax rate is a percentage of the property’s assessed value. When a property owner is unable or unwilling to pay the taxes, the taxing authority has a couple of options for recourse. One option is to place a tax lien on the property and sell it at auction, but only after a statutory waiting period of 2-5 years. Or they can sell the property tax lien to investors who will eventually be able to foreclose on the lien.
When considering this type of investment option, it is important to understand some potential pitfalls. In many cases, these are easily remedied, but only if you know what to do.

First, examine the usability of the property. The best thing is to go out and take a look at the property you wish to purchase or bid on. Although there may not be anything wrong with the property itself, you may find that it is not useful for building. Things like measuring mistakes, zoning issues, and a poor or inaccessible location can ruin the value of a property and make resale a nightmare.

You can easily avoid these situations by following a few simple steps for every property that you are considering.
• Get the plat map. This is simply the record of the property’s survey and can be obtained from the county.
• Visit the property. If it is difficult to get to, then chances are it is not a property you want to invest in.
• Find out if the property is in a flood zone.
A second problem you may run into is that a property’s value is less than the amount of taxes owed. You typically see this in properties that have low value from the start or when it takes too long for the property to be offered at a tax lien or deed sale. Additionally, the county adds penalties every year to property with delinquent taxes. The back taxes itself, the year over year penalties, and the accrued interest can all add up and remove any potential for a good resale price. A property with an annual tax bill of only $200 can have thousands of dollars worth of unpaid taxes, penalties, and fees. Getting a good estimate of the property’s value is the best way to avoid getting into an unprofitable situation.

A third problem to watch out for is environmental issues. This is a problem many investors fear the most especially when buying vacant land. Follow these simple steps to minimize the risk:
• Obtain a list of condemned properties from the county
• Visit the property and take a look around. If the property is occupied, you may not be able to do this.
• Contact the state’s office for environmental issues (for example, the “Arizona Department of Environmental Quality”). They will be able to let you know if the property in question has any known issues.
• Look at the property records to see if any environmental concerns have been recorded.

Learn more about tax lien and tax deed investing at http://www.landprofitsreview.com ,and check out my course entitled the Land Profit Generator. Also, you will have the opportunity to sign up for our free list that brings real estate investing tips and discounts right to your inbox. No spam, just content!

Land Profit Generator:  Purchase Land Using a Self-directed IRA

Millions of Americans invest in very popular Individual Retirement Accounts or IRAs. Unfortunately, the rate of return on these accounts can be woefully inadequate to retire in the fashion that most people envision. Neither traditional nor Roth IRAs are generating sufficient retirement income, and the recent economic downturn has not helped matters at all.  Land Profit Generator will work well with growing your self-directed IRA.  

In spite of this bleak outlook, there are options available to significantly impact the earning potential of IRAs. In a traditional IRA, you do not have the option to purchase real estate. However, with a self-directed IRA, you can invest in real estate. As the name suggests, a self-directed IRA provides you with significant control of how the money is invested. Self -directed IRAs can be used for most IRS permitted investment vehicles including investment property. The only exclusions are life insurance and collectibles.

Self-directed IRAs and real estate make a great combination. Think about it. IRA funds are intended for long term investing. Real estate, and in particular, raw land, is considered a non-liquid investment, so it makes sense to pair funds earmarked for long term growth with an inherently long term investment.

A good piece of land has the potential a significant rate of return, far greater than that of an 8% to 12% stock market investment. Land located in a known path of economic expansion can literally skyrocket in value. Even better, the distribution of earnings and appreciated equity from the property’s resale is tax free when purchased through a self-directed IRA.

As with any investment prospect, seek the advice of a certified professional when utilizing a self-directed IRA. There are numerous rules to be aware of, and a professional can help you accurately interpret and navigate the legalities.

Real estate is great for both short and long term investment strategies. Do not ignore your future or just hope things will work out. “It’s better to look ahead and prepare, than to look back and regret.”

Find more information and learn about my friend Jack Bosch’s new course, the Land Profit Generator, at http://www.landprofitsreview.com . Also, you will have the opportunity to sign up for our free list that brings real estate investing tips and discounts right to your inbox. No spam, just content!