Bob Bruss, Nationally Syndicated Columnist
"This easy-to-read book is well written, well researched and well worth reading."


Book Description
An investment alternative that gives fixed returns of 10 to 25 percent.
Profit by Investing in Real Estate Tax Liens introduces an investment alternative that is safe, secured by real estate, administered by the government, involves no brokers, is enforced by state law, and gives fixed returns. Selling tax liens or tax deeds (depending on the state) are the two ways that counties across the country bring delinquent property taxes up-to-date. This investment is one of the least publicized and safest ways of investing in real estate, designed to give the investor either a fixed return, as in the case of investing in tax liens, or a property for 10 to 50 cents on the dollar, as in the case of a tax deed sale. In most situations, the property is ultimately transferred free of any liens, such as mortgages. Profit by Investing in Real Estate Tax Liens also debunks the common myth that tax delinquent properties are run-down and shows that liens exist on every type of property. Author Larry Loftis, an attorney and active investor, has purchased liens on properties owned by Julius "Dr. J" Erving, Hector "Macho" Camacho (world champion boxer), Chase Manhattan Bank, LaSalle National Bank, and even a building whose major tenant was the local sheriff's department! In this authoritative guide, Loftis helps investors avoid the pitfalls while answering all the key questions they need to consider:
* What's the difference between investing in tax liens and tax deeds?
* How does an investor go about bidding at tax sales? And what is the process?
* What are the different requirements in each state?
* Where are the greatest risks in this kind of real estate investing? For investors eager to get started, Loftis's action plan provides details on the next steps to take, while real-life examples in every chapter bring the concepts down to earth.


About the Author
Larry B. Loftis is an attorney and member of the Florida bar, with many years of experience investing in tax delinquent properties. A popular speaker and seminar presenter, Loftis has personally bought tax liens and deeds in Florida, Iowa, Nebraska, California, Indiana, Illinois, New Jersey, Mississippi, Kansas, and the District of Columbia. In addition, he has attended sales and bid at auctions or "over the counter" in Oklahoma, Texas, New York, and Pennsylvania. He has interviewed county officials conducting tax lien sales, and his staff has spoken with county tax offices in all 50 states.

FROM THE PUBLISHER

An investment alternative that gives fixed returns of 10 to 25 percent.

Profit by Investing in Real Estate Tax Liens introduces an investment alternative that is safe, secured by real estate, administered by the government, involves no brokers, is enforced by state law, and gives fixed returns.

Selling tax liens or tax deeds (depending on the state) are the two ways that counties across the country bring delinquent property taxes up-to-date. This investment is one of the least publicized and safest ways of investing in real estate, designed to give the investor either a fixed return, as in the case of investing in tax liens, or a property for 10 to 50 cents on the dollar, as in the case of a tax deed sale. In most situations, the property is ultimately transferred free of any liens, such as mortgages.

Profit by Investing in Real Estate Tax Liens also debunks the common myth that tax delinquent properties are run-down and shows that liens exist on every type of property. Author Larry Loftis, an attorney and active investor, has purchased liens on properties owned by Julius "Dr. J" Erving, Hector "Macho" Camacho (world champion boxer), Chase Manhattan Bank, LaSalle National Bank, and even a building whose major tenant was the local sheriff's department!

In this authoritative guide, Loftis helps investors avoid the pitfalls while answering all the key questions they need to consider:* What's the difference between investing in tax liens and tax deeds?* How does an investor go about bidding at tax sales? And what is the process?* What are the different requirements in each state?* Where are the greatest risks in this kind of real estateinvesting?

For investors eager to get started, Loftis's action plan provides details on the next steps to take, while real-life examples in every chapter bring the concepts down to earth.

FROM THE CRITICS

Bob Bruss - Nationally Syndicated Columnist