Where Do I Start?

Comments(1)

• 
  RonaldStarr3rd November, 2004

  Kajse--(NV)---------------
  
  Here is a good start:
  
  Written References to Study Tax Sale Investing
  
  Free and Clear by John Beck Covers all states, possessions, territories, D.C., Canadian Provinces. Somewhat poorly organized, incomplete. Somewhat difficult for beginners. However, a superbargain. Selecting tax liens most likely to lead to deeds, those which will be redeemed. http://www.johnbeck.net $50
  
  State Manuals by Roy Stubblefield. One volume for each state. Much repetition between volumes for techniques. Buy one to three books, forgo others. The only added benefits are getting state laws and addresses of tax collectors/treasurers, which you can get free, usually online. His addresses are not accurate anyway, looking like: “Treasurer, County of GoodCounty; County Courthouse; CountySeatCityName, State, ZIP” He is a professional of many years. http://www dot http://www.taxresearch.com $79 each, $10 more for CD or printed; discounts for buying several states at once
  
  The 16% Solution by Joel S. Moskowitz. On tax lien investing, not tax sale deed investing. Getting a little old, but low cost, available from bookstores and online bookstores. A good basis reference for beginners. $25
  
  Buying Real Estate Superbargains at California Tax Sales by Ronald Starr. I wrote this. An ok introduction to the topic. Some interesting information, but getting dated--nothing on using the internet. Available only directly from me. $25 plus $2.00 postage, handling
  
  Buy Land at Tax Sales For Quick Cash Profits & How to Flip Tax Lien Certificates by Robert J. Abalos, Esq. I have not seen this book. However, I have read another book and advice to investors on internet sites. A good writer with sensible, valuable information and advice. I would expect it to be good. http://www.investinginland.com $50
  
  Many other books on tax sales and tax liens are poor.
  
  One online writer recommends the manuals **Please See My Profile**axlienlists dot com I have not seen them.
  
  There are some books for specific states, if you plan to invest in other states, I recommend trying to find those books.
  
  Also, you need to study the state law in any state in which you are thinking of investing. Every state has different statutes related to the collection of delinquent property taxes and tax liens and tax sales. No two are alike. While you can read state statutes on the internet, you will find there only the "black letter law." This is the law as written. You will be much better off going into a major law library such as at a law school or a large-population county courthouse. There you can read the "anotated statutes," which have additional information, the most helpful being the summaries of court decisions interpreting the laws.
  
  You can also search for the websites of the county--in some Northeastern state, the town, city, or township--tax collector or treasurer office. This is the government office that does the tax sales. You will find some of them with good information about how their sales work. If you look at your county and don't find good information, look in other counties.
  
  Just got an e-mail from a fellow I know here in CA that made something like $14K or $18K on the resale of one lot he bought at a taxsale in Southern CA.
  
  Good Investing**************Ron Starr************