Zero Risk Real Estate – Creating Wealth Through Tax Liens and Tax Deeds s

<p>Foreword Sharon Lechter xiii</p>
<p>Acknowledgments xv</p>
<p>Introduction xvii</p>
<p>Downloadable Letters, Forms, and Scripts xix</p>
<p>Demonstration Videos xxi</p>
<p>Chapter 1 Understanding Tax Liens and Deeds 1</p>
<p>Real Estate and the Property Tax Process 4</p>
<p>What Is a Tax Lien? 6</p>
<p>What Is a Tax Deed? 9</p>
<p>Understanding Redemption Periods 11</p>
<p>What About the Real Estate Market Collapse? 12</p>
<p>What Makes These Types of Investments Zero Risk? 14</p>
<p>Chapter 2 Getting Started 17</p>
<p>Selecting Your Location 20</p>
<p>Finding Tax Sale Listings 24</p>
<p>Filtering Your Data 32</p>
<p>Evaluating Different Types of Properties 33</p>
<p>Conducting Internet Property Research 41</p>
<p>Recruiting Local Help 43</p>
<p>10 Rules for Qualifying Every Property 46</p>
<p>Setting Your Bids 46</p>
<p>Chapter 3 Going, Going, Gone! 49</p>
<p>The First Auctions 51</p>
<p>Types of Auctions 52</p>
<p>Onsite Auction Tips 56</p>
<p>Online Auctions Bidding in Your Pajamas! 60</p>
<p>Online Auction Strategies 61</p>
<p>Cancelling Your Bid 63</p>
<p>Over–The–Counter Bargains 64</p>
<p>Paying for Your Winning Bid 65</p>
<p>Chapter 4 Protecting Your Investment 67</p>
<p>What To Do First 69</p>
<p>Protecting Your Tax Lien Interest 72</p>
<p>Protecting Your Tax Deed 73</p>
<p>Insurance and Property Maintenance 75</p>
<p>What To Do When Your Property Doesn t Redeem 76</p>
<p>Chapter 5 Taking Control of Your Property 79</p>
<p>Do You Really Want To Own It? 81</p>
<p>Understanding the Foreclosure Process 83</p>
<p>The Costs of Foreclosure and Possession 86</p>
<p>Adverse Possession 87</p>
<p>Eminent Domain and Condemnation 88</p>
<p>The Art of Eviction or Not! 89</p>
<p>Dealing with Former Owners 92</p>
<p>Other Legal or Equitable Interest Holders 94</p>
<p>Chapter 6 Avoiding and Eliminating Risk 95</p>
<p>Risk Elimination 97</p>
<p>The Risks of Illiquidity 103</p>
<p>Managing the Property 104</p>
<p>Chapter 7 Liquidation and Cashing In 107</p>
<p>Creating an Exit Plan 109</p>
<p>Hold and Rent Strategy 111</p>
<p>Rapid Liquidation 116</p>
<p>Creating Long–Term Wealth Using Installments 117</p>
<p>Chapter 8 Advanced Strategies 121</p>
<p>Using Traditional Funding 123</p>
<p>Tapping into Private Money 124</p>
<p>Corporate Investing 125</p>
<p>Locating Investment Capital 126</p>
<p>Investing Using Retirement Accounts 127</p>
<p>Tax Strategies 130</p>
<p>Unique Types of Property Deals 131</p>
<p>Chapter 9 Tracking Your Investments 133</p>
<p>Setting Up a Simple System 135</p>
<p>Accruals and Yield Information 138</p>
<p>Maintaining Contacts and Lien Lists 139</p>
<p>Generating Reports 139</p>
<p>Chapter 10 Taking Action 143</p>
<p>What To Do Now! 145</p>
<p>The Complete 13–Step Checklist 145</p>
<p>Measuring Your Success 151</p>
<p>Setting Goals and Evaluating Results 152</p>
<p>Final Thoughts 152</p>
<p>Appendix A 101 Online Resources 155</p>
<p>Appendix B State Listings 161</p>
<p>Glossary 165</p>
<p>About the Author 179</p>
<p>Index 181</p>
<p>Free Bonus Forms and Videos 186</p>