If you heard that there was a way to buy real estate without debt, for the cost of $500 (in some areas), would you believe it?
If you heard that this debt-free real estate investment strategy is published daily in the newspaper and records at the courthouse, but the majority of people aren’t paying attention, would you believe it?
George Howard would offer himself as proof. After hitting rock bottom, he found a way to make money after purchasing a lien for $500, he made a good profit on that purchase and kept growing to 100 properties and a new perspective on how to make huge profits in real estate without debt, real estate license, or thousands in the bank.
In this episode, George shares his story of how he transitioned from failure to tax sales guru and his strategy for picking the right property in a tax lien sale to buying the right properties so you can build an income stream that will bring you closer to your dreams.
George Howard Jr. is an educator, author, and speaker who uses his years in the finance industry, working as a finance coach. He can be reached on his website.
What You Will Learn
- George’s story of turning $500 into an investment that became 100 properties and a business…without debt
- Why almost anyone can buy a tax lien
- The different types of tax liens you can buy and the different types of sales you can get them
- The $500 investment that became a $200,000 reward for a savvy tax lien investor
- Do I need a license to buy a lien?
- Do I need an attorney?
- How should you prepare for a tax sale?
- Does every state have a tax sale?
- How do you decide if a property is worth it?
- Why you shouldn’t get overly emotional off any sale in investing
- Is a building an asset or a liability? How about land?
- How do you know which properties to hold and which ones to sell?
- Should you ever use debt to invest?
- Why (and how) he’s preparing for an economic crash
Resources Mentioned
Thanks For Listening!
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Today’s show is sponsored by Legal and General America. Legal & General America makes understanding and applying for life insurance easy. Also, agents are standing by to help you determine the best coverage to fit your family’s needs.
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