In the past real estate investing was the way to make big money fast.
Real Estate is still the way to go but using a rarely known method is the new way to quick wealth.
Have you ever heard of buying property for less than $2,000? Do you know how to make a $100,000 using less than $2,000? Most people have no idea that tax liens can get you homes for less than $1,000.
This leaves this little known market to the well informed few.
Investing in tax liens is a rather simple process.
When a homeowner cannot pay their property taxes a lien gets put on their home.
Within a short period of time after the lien is filled which depends on the local laws the lien is sold to an investor so that the taxes are then paid.
At this point one of two things will happen to the investor.
1.
He will get paid back in a short period of time with interest from the homeowner or 2.
The investor does not get paid back and the house becomes his to sell or rent.
In a worse case scenario #1 you will still make a great return on your money but if #2 happens you can make over $100,000 on only a $2,000 or less investment.
How many homes would it take to make over a million dollars? Less than 10 homes.
If you have access to $20,000 total this is entirely feasible.
It should take less than 1 year to become a millionaire using these tax liens as your only source.