Secondary Tax Liens Offer Better Business Opportunities
July 14, 2018
Tax Lien Certificates Are Secured By Real Estate
July 16, 2018
To encourage tax-delinquent property owners to pay their past-due taxes, the government charges them interest and/or penalties (think of it like a late fee), which is passed directly to the investor….that’s you!
Unlike the stock market, when you buy tax lien certificates your interest rates are mandated by United States law. For example:
- 12% in Alabama (40-10-122),
- 16% in Arizona (42-18053),
- 18% in Florida (Sec. 197.172),
- 24% in Iowa (Sec. 447.1),
- 36% in Illinois (Sec. 21-355),
Michael Schuett
Michael Schuett is a Real Estate Investor & Entrepreneur.
He holds monthly seminars in South East Asia and Europe about Real Estate Investments, Tax Deeds Investing, and Flipping in Emerging Markets and continues to build his own strong Real Estate Portfolio in various cities.
His companies are currently holding several properties in Miami, Tampa, Berlin, Hamburg, Bangkok and Kuala Lumpur and have successfully established the first Real Estate Development agency in Thailand.
