Make Profits without Owning Properties

By dhinternational  /  March 11, 2014 / Comments Off on Make Profits without Owning Properties

Make Profits without Owning PropertiesInvesting in tax liens is a great business, and there is a secret of doing it wherein it does not involve owning properties but still make lots of profits. You heard that right. It involves tax sale overages that were created at the auction for excess bids on a property, than was exactly owed in back taxes.

Tax sale overages are due back to the property owners however; at times they are no longer to be found. If they do not come in and collect the money, the government at some point would keep it. Do some research on these funds and locate its owners and you can charge 30-50% as finder’s fee. You can do this due to a legal loophole in the unclaimed property law. By going after these overages, it allows you to collect money without the need to invest in tax lien properties.

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