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About Angelo Paparelli

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« Guest Post: Immigration-Reform Duplicity: The Obama Administration's New Temporary Worker Rules | Main | Pre-Election Bipartisanship -- Except on Immigration, Where Sen. Grassley Stubbornly Obstructs »

April 03, 2012

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Laura

Tax lien investing is inretesting. They are touted as a surefire winning ivestments and many experts offer training costing thousands of dollars to train you on how to invest in these goldmines . Do yourself a favor, buy this book and avoid the seminars. You are going to learn by experience and this book will help you get started. The seminars are simply going to part you and your money. Tax liens are not as easy as they sound. You cannot simply go down to the courthouse and buy a 25% lien. Most people trying to get you into this game neglect to mention the fact that large companies will flood the market with lowball offers to obtain a majority of the better tax liens.

Pormmadaw

Tax lien and tax deed investing are copalicmted subjects, made even more copalicmted by the huge variations in laws from state to state. This book explains the different details with great clarity. The book opens with general chapters that explain why the differences between tax liens and tax deeds, the things an investor must consider when planning such an investment, and guidelines that will help make the process more comfortable. For example, even an experienced investor may have little experience with auctions, which is the method most governments use to sell tax liens and deeds The Complete Guide has tips on what to bring and do in those situations. Also in the early chapters, Burrell uses real world examples to help explain points showing, for example, the forms used to register for an auction in Los Angeles. Later, Burrell discusses subjects like foreclosing (the painful part for those of us without thick skin) and getting financing for a tax lien or tax deed investment. However, the key parts of the book are the tables (I think there are about 20); Chapter 12, which has a comprehensive breakdown of the different state laws; and the exceptionally comprehensive, 60-page (you read that right!) glossary.

Nomena

TerryGood update. I think you have smmeud up the position succinctly.Basically nothing has been done since the levy proposal failed muster.There is still no sense of urgency but believe me when I say this, dead businesses do not get a death certificate issued until well after the heart stops beating. When the end comes it comes in the blink of an eye.The real problem is that the Board remains intractable and to a man and woman believe that once the doors open at the new club, all the troubles will magically disappear. You may have a view on this and perhaps I am a glass half empty kind of person but anyone who believes that the club can trade its way out of the current mess with a Peter Pan F&B Plan is not living in same Japan that I am living in.Staff costs should have been cut by 25% as soon as the levy failed. What has actually been done apart from powerpoint presentations? Basically nothing because the board still does not get it.Greg is absolutely on the money. Lance, Dan et al have failed dismally in their self-assumed' duty of care. Pro-bono or not they took on those roles for some kind of self-gratification, they must therefore wear the brown smelly stuff when it is dished out.Democracy is a great institution in a sea of liquidity, it is a real incumbrance when the tide recedes.

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