Learn from Angela Duncan, a serial entrepreneur with 25+ years of experience, about creating passive income through real estate lien investing. She discusses the benefits of real estate over the stock market, the process of tax lien investing, and the importance of understanding your investor type before jumping in. Get your FREE e-Book from Angela - The Passive Income Guide.
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Quick takeaways
Real estate lien investing offers better returns than the stock market if done correctly.
Understanding the type of investor you are is crucial before entering tax lien investing to establish a successful strategy.
Deep dives
Understanding Tax Lien Investing
Tax lien investing involves acquiring property liens from homeowners who have not paid their taxes, providing an opportunity to earn interest on the investment and step into real estate without extensive capital. Each state's regulations govern tax lien processes, highlighting the importance of thorough research before investing. Passive investing in tax liens allows money to work diligently, generating returns while requiring minimal direct involvement, ideal for busy individuals seeking financial growth.
Strategies for Successful Tax Lien Investments
Engaging in tax lien investment demands strategic approaches such as conducting due diligence on properties and defining bid limits to ensure profitable ventures. Investors can opt to directly engage in the bidding process or invest through funds offering assured returns, catering to personal preferences for active or passive investment styles. By understanding local laws, property conditions, and investor profiles, individuals can optimize their tax lien investment strategies for maximum returns.
Empowering Wealth Building through Real Estate
Utilizing self-directed IRAs for investment purposes opens avenues to diversify portfolios beyond traditional offerings like stocks, exploring assets such as real estate or precious metals for enhanced returns. Investing in real estate through tax liens presents opportunities for financial growth, leveraging discounted property acquisitions to facilitate win-win transactions for homeowners and investors. Establishing a robust investment strategy, backed by comprehensive knowledge and mentorship, paves the way for substantial wealth accumulation in the passive income realm.
From Section 8 housing and welfare to Serial Entrepreneur, Angela Duncan has 25 plus years of experience and a diverse career in banking, financial advising, owning a top 10 RE/MAX office for 5 straight years with over 2 Billion dollars in sales, and establishing and selling an insurance agency. Angela’s mission Is simple: To transform lives through passive investing creating generational wealth.
Top 3 Value Bombs
1. There are more options than the stock market. Real estate can do so much better if you do it correctly.
2. When you don't pay your property taxes, a lien is placed on your home and investors can come in, give the government the money that they need and the government in turn guarantees an interest rate on your funds.
3. Determine first what kind of investor you are. Make sure you understand all of the process and the kind of investor you are before you leap into tax lien investing so that you have a great strategy in place.