Women in real estate are taking advantage of a little-known, lucrative investment strategy that offers high yields while also allowing them to work part time from home.
If you’re a stay-at-home mom, looking to quit your job or recently retired and concerned about financial security, then tax deed auctions may provide an attractive investment opportunity if you’re seeking wealth creation and independence.
Tax deed auctions can be intimidating but with the right knowledge they offer incredible returns. Learn how tax deeds work and why they’re such a great way for women in real estate to build their portfolio.
Real Estate Investing for Women in Tax Deeds
Tax deeds offer a chance to gain income through the purchase of property from county governments that have taken the real estate due to unpaid property taxes or other municipal liens.
Tax deeds provide investors with an opportunity to purchase mortgage-free homes and land at discounted prices, as low as 10, 20, or 30 cents on the dollar, while also generating cash flow and passive income streams from a quick resale of the real estate.
Definition of Tax Deeds
A tax deed is a legal document issued by a county government in order to transfer ownership of a property from its previous owner to the new buyer. It’s typically issued after the previous owner has failed to pay their taxes on time or has been delinquent on other municipal liens such as water bills or sewer fees.
At a public auction, the tax deed is made available for investors to purchase at a deeply discounted price with the bidding beginning at or near the amount of the delinquent back taxes.
How Tax Deeds Work
The process begins when local governments issue notices that they will hold public auctions for tax-defaulted properties in their jurisdiction. Investors must register with the government agency responsible for holding these sales before being allowed to participate in them.
Once registered, potential buyers may attend auctions and bid against other interested parties present at the sale. If successful, bidders receive a certificate of title which grants them full ownership rights over the purchased asset.
Benefits of Investing in Tax Deeds
Investing in Tax Deeds can be a lucrative venture with the potential to generate six-figure incomes for women in real estate, while providing flexible schedules and part-time side hustles. Next we will explore why investing in Tax Deeds is beneficial.
Why Successful Women in Real Estate Choose Tax Deeds
With the potential for six-figure incomes, it’s no wonder why so many women in real estate investing are taking advantage of this unique opportunity. Tax deed investing also offers flexible scheduling options that make it an ideal side hustle for women looking to supplement their income.
When you invest in tax deeds, you are buying property from a local government at auction. By purchasing at auction, you can acquire real estate at an advantageous price that gives you an edge when you are reselling it.
The idea is simple: buy low and sell low – if you purchased the property for 20 cents on the dollar, you can generate a quick sale by reselling it for 60 cents on the dollar and still pocket a profit of $25,000, $50,000 or even $100,000. Do a few deals like that a year, and you are on your way to financial freedom.
If you’re interested in earning passive income, then offer seller financing and collect streams of income from monthly installment payments for years.
Tax deeds provide a more reliable and predictable option than other investments, such as stocks or bonds which can be subject to drastic shifts in value on any given day. This makes them much less risky than other forms of investment since there is less chance for sudden losses due to market volatility.
Gaining the proper know-how, having access to necessary resources, and familiarizing oneself with applicable regulations can lead you to a prosperous venture into tax deed investing.
Though there are several reasons, one of them is that many women in real estate, not all, but many, don’t want to get involved in the fixer-upper business. They want to purchase real estate for incredible bargain prices but without having to make major repairs or pay the holding costs of hanging onto the property while the repairs are being done.
The beauty of tax deed properties is that they can be purchased so inexpensively that they can also be profitably resold at a discount that attracts buyers from the fixer-upper community. Instead of fixing the property up yourself, you quickly resell it to a fixer-upper man or woman. As Ted says, “Buy it low, sell it low fast, and then move on to the next property.”
How to Get Started with Tax Deed Real Estate Investing
Tax deed investing is an excellent way for women in real estate to generate massive income. However, it’s important to do your research.
Researching the Market:
When researching the tax lien or tax deed market, it’s essential to look at both supply and demand factors. Examine the number of properties in each county and their respective costs. You should also consider population trends, economic conditions, employment rates, crime statistics and other demographic data that could impact your investments.
Additionally, be sure to familiarize yourself with any state or local laws related to tax liens or deeds so you understand exactly how they work in that area.
Attending a Tax Sale or Auction:
Once you’ve done your homework on these investments, it’s time to attend a sale or auction where tax lien certificates are sold off by local government entities such as counties or cities. These auctions can be conducted both in person and online, depending on the jurisdiction.
Be sure not to get too caught up in bidding wars though – stay focused on making sound financial decisions when investing.
Women in real estate have the potential to generate significant income and create financial security through investing in tax deeds. With a thorough understanding of how tax deed auctions work, you can take advantage of this opportunity as an excellent way to build wealth while working part-time or even ultimately quitting your job altogether.
Tax deed investing is not only profitable but also offers independence that other investments cannot provide. It’s time for women to take advantage of this get involved in the real estate industry and start building their own financial futures today, but there’s more to successful tax deed investing than just luck. It requires research, education and strategy in order to maximize your profits and minimize your risk.
If you’d like to know more about tax-defaulted real estate 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.
Start your money-making journey by attending Ted’s 7-Hour foundational training. Download your Free Insiders Report & Book your seat today to attend the Retire Rich From Home Virtual Workshop, go to https://tedthomas.com/freegift & see for yourself what this business can do for you.
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.