Here on the His & Her Money podcast, we’re dedicated to not only helping you pay off debt but also empowering you to invest in your own wealth. Real estate investing is a popular option – however, it often comes with many barriers and obstacles that make it seem impossible.
On this episode, we sit down with Danielle Pierce, an expert on tax lien investment who has been in the real estate industry for over 12 years. A tax lien is placed on properties whose owners have failed to pay their taxes.
Danielle shares how investing in these tax lien properties can produce income through double-digit interest or ownership, and how this option serves as a more accessible and low-risk method of real estate investment.
Tax lien investment was something Danielle had heard of a long time ago, but she had not given it a second thought. When she heard of it for the second time, she decided to follow through and ended up purchasing two vacant lots for $150 each. Now, she has invested in over eighty properties on her own and with others.
Danielle recognizes that there is not much common knowledge of tax lien investment, and consequently, she has established her own course to help educate future property owners.
She openly shares about the personal investments she has made, the failures she experienced early on in her real estate career, how to learn more about tax lien sales in your area, and how she chooses the properties in which to invest.
If you’ve ever considered real estate investing but have been scared by the associated risks, listen to this episode to learn more about Danielle’s approach to wealth-building.
With a quicker path towards ownership, this kind of investment is an excellent way of building not only your own, personal wealth but also the wealth of future generations of your family.
What You Will Learn
- Tax lien investing
- How to find out if your area has opportunities for tax lien investment
- What to bring and how to prepare for a sale
- How a redemption period can affect your decision to invest in a property
- Factors to consider when choosing an area
- Benefits of hiring an attorney
- What happens after you purchase a tax lien property
Resources Mentioned
Thanks For Listening!
Thanks for tuning into us on The His & Her Money Show. If you’ve enjoyed this episode, please share it using the social media buttons you see at the bottom of the post.
Also, please leave an honest review for The His & Her Money Show on iTunes!Ratings and reviews are extremely helpful and greatly appreciated! Furthermore, they do matter in the rankings of the show, and we do read each and every one of them.
