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Produktinformation
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Moskowitz explains what tax lien certificates are (liens against property for unpaid taxes), why they are safe (certain states insure them), and how they fit into an overall financial plan. This new edition includes updates to the laws and procedures of states and counties that offer tax lien certificates.
* The 16% Solution has been updated to reflect current legal requirements and information.
* Seen as a great investment solution: "If you become a buyer of tax liens, we recommend reading The 16% Solution by Joel Moskowitz. It's a worthwhile investment." --Ken and Daria Dolan, Straight Talk on Your Money.
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i went to AZ recently to purchase a few "leftover" tax leins after reading this book. it was not that easy to find/research a suitable tax lein to buy. my estimate is that it would take an average person a week in a particular county researching and driving out to look at properties. in conclusion, the 16% solution is fine if you live in one of the FEW states that actually offer them at a 16% rate of return.
Although this book can be a bevy of information to the beginner, the seasoned tax lien investor will find no new formulas or techniques that are not explained at state-run tax lien seminars held before the actual auction. The author seems to almost be hiding crucial information concerning some of the key elements involved in this potentially rich investment.
Though vague at times, any would be tax lien investor would be hard pressed to find a better manual.
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