Discover hidden opportunities in non traditional real estate, a lucrative side hustle that can boost your income and fuel your financial success.
Non traditional real estate is a lucrative business just waiting to be seized onto by entrepreneurial people looking for financial freedom, and this is a business that can be done part-time.
With the rise of the internet, it’s easier than ever to make money from the comfort of your own home, and real estate investing is no different; much of the property research, buying and selling can be done online.
So, let’s get started and explore the exciting side hustle of non traditional real estate investing!
Part-Time Business Ventures in Alternative Real Estate Investment
You can explore numerous part-time business opportunities that can generate revenue from the comfort of your own home or small office. With the increasing accessibility of the internet, it has become easier for individuals to discover ways to make money on the side. These part-time ventures, often referred to as side hustles, can provide a valuable source of income.
Most part-time online businesses create, at best, a modest supplemental income. What I’m about to show you is a non traditional real estate side hustle that generates massive income and streams of passive income that you can enjoy for years to come, and it doesn’t take a lot of money to get started.
So let’s start with a brief overview of the benefits of alternative real estate investing, then we’ll delve into a little-known niche of the non traditional real estate market where you can pick up properties for pennies on the dollar.
Benefits of Alternative Real Estate Investing
Alternative property investment can be a profitable side hustle with unique benefits not easily found in traditional real estate markets.
Non traditional real estate offers opportunities to buy properties at incredibly low prices with less competition among other advantages:
| Advantages of Non-Traditional Real Estate |
|---|
| Low purchase prices |
| High potential for returns |
| Flexible pricing options |
| Less competition |
| Access to mortgage-free real estate |
You read that last one correctly, “access to mortgage-free real estate.” I’m about to show you how to purchase real estate for 10, 20 or 30 cents on the dollar of the assessed value and get the property without a mortgage.
Now let’s dive into the hidden gem of non traditional real estate investing: tax delinquent property.
Exploring the Lucrative World of Tax Delinquent Real Estate Investing
With tax-defaulted properties being sold at auctions for significantly reduced prices, you have the chance to make a substantial ROI in this lucrative niche of non traditional real estate.
What is Tax Defaulted Real Estate?
Tax defaulted real estate refers to properties on which the owner has failed to pay property taxes. When these taxes remain unpaid for a specific period, the local government can place a tax lien on the property. If the owner continues to neglect these owed taxes, the government has the authority to auction the lien or the property itself to recover the owed amount.
Real estate investors can purchase these liens by investing in tax lien certificates or acquire properties outright by purchasing tax deeds, often at a vastly reduced cost. This gives you as a non traditional real estate investor the opportunity to acquire real estate assets via tax deeds or earn high rates of interest on tax lien certificates when the original owners redeem them.
Tax Lien Investing
When property owners fail to pay their due taxes within a certain time frame, the local government can sell tax lien certificates to investors as a means of collecting the owed amounts. Investors buy these tax certificates in exchange for the right to collect the outstanding taxes with interest from the delinquent property owner.
If the property owner settles their debt, the investor earns back their initial investment plus the agreed-upon interest, which could be 16%, 18%, 24%, or up to 36%, depending on the state. If the owner does not pay within a specified redemption period, the investor holding the certificate may have the right to foreclose on the property.
Tax Deed Investing
Tax deed investing involves purchasing the rights to a property directly from a local government after the original owner has failed to pay their property taxes. When property taxes remain unpaid for an extended period, the local government may decide to sell the property itself, rather than just a lien against it, through a tax deed sale. Savvy investors can then acquire these properties, often at prices significantly below market value, at a tax defaulted property auction.
Once the deed is secured, the investor becomes the property’s new owner, free from prior liens, like mortgages or deeds of trust because the local government extinguishes the mortgage.
This non traditional real estate investing strategy allows you to potentially realize significant returns by either reselling, renting out, or redeveloping the acquired properties.
With the right knowledge, the alternative real estate investment niche of tax delinquent property can be a lucrative source of income.
Frequently Asked Questions
How Can One Determine if a Non Traditional Real Estate Opportunity Is a Good Investment?
To determine if a non traditional real estate opportunity is a good investment, research the property’s condition and selling price, visit it before buying, and stay informed about auctions. Being cautious and well-informed is key.
What Resources Are Available for Individuals Interested in Starting a Part-Time Business?
Looking to start a part-time business? Explore online resources, consult experienced individuals, and be cautious with advice. Build a stable financial situation before quitting a job. Non traditional real estate offers lucrative opportunities for profit and can be done part-time.
Are There Any Legal Considerations When Buying Tax-Defaulted Properties?
When buying tax-defaulted properties, ensure you understand local laws, regulations, and procedures. Consult with a real estate attorney to navigate potential risks and protect your investment.
Conclusion
In conclusion, if you’re looking to boost your income and explore new opportunities, a lucrative side hustle like investing in non traditional real estate is worth considering. By tapping into this venture, you have the potential to generate significant revenue and achieve financial independence.
However, it’s crucial to seek advice from experienced individuals and conduct thorough research. With the right knowledge and careful planning, you can thrive in the tax delinquent real estate investing business and create a prosperous future for yourself.
If you’d like to know more about tax lien certificates and tax delinquent property investing Ted Thomas provides full support and complete training with home study courses, Q&A webinars, live tutorials, workshops, web classes, personal coaching with certified coaches, and an interactive map and auction calendar research tool that allows you to visit each county online to find the details about upcoming auctions.
Want to earn massive income from bargain real estate investing? Would you like to buy mortgage-free properties for pennies on the dollar? Or earn double-digit interest rates secured by real estate? Then get started today with this Free Gift.
Ted Thomas is America’s Leading Authority on Tax Lien Certificates and Tax Deed Auctions, as well as a publisher and author of more than 30 books. His guidebooks on Real Estate have sold in four corners of the world. He has been teaching people just like you for over 30 years how to buy houses in good neighborhoods for pennies on the dollar. He teaches how to create wealth with minimum risk and easy-to-learn methods.
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