In this episode, George Howard shares his story of how he transitioned from failure to tax sales guru and his strategy for picking the right property in a tax lien sale to buying the right properties so you can build an income stream that will bring you closer to your dreams.
WHAT YOU WILL LEARN
- George’s story of turning $500 into an investment that became 100 properties and a business...without debt
- Why almost anyone can buy a tax lien
- The different types of tax liens you can buy and the different types of sales you can get them
- The $500 investment that became a $200,000 reward for a savvy tax lien investor
- Do I need a license to buy a lien?
- Do I need an attorney?
- How should you prepare for a tax sale?
- Does every state have a tax sale?
- How do you decide if a property is worth it?
- Why you shouldn’t get overly emotional off any sale in investing
- Is a building an asset or a liability? How about land?
- How do you know which properties to hold and which ones to sell?
- Should you ever use debt to invest?
- Why (and how) he’s preparing for an economic crash