FUN AND PROFITS IN TAX FORFEITED LANDS


I had heard about land for $5.00 per acre and other such claims which peaked both my skepticism and my curiosity.

So, I wrote a letter to the Land Commissioner of the State of Arkansas, and asked for a list of tax forfeited property available for sale by his office in my county and a couple of surrounding counties.

I was amazed when I received the list. Hundreds of properties were available. All I had to do was to send the Land Commissioner a check for the properties in which I was interested. I applied for two properties. The first property was a residential lot available for less than $10.00. The second property was a two acre tract for abut $15.00. Both were located in Pope County, Arkansas. To my astonishment, in less than two weeks, I received deeds to each of the properties. I then recorded both deeds in the County Circuit Clerk’s office.

About a week later, as I was a real estate broker at that time, I attended a real estate exchange meeting in Springfield, Missouri. At what they call a “cowboy auction” after the daily session, I put the two deeds up and explained how I had acquired them. I explained that knew nothing about the property and that I would only give a quit claim it to whoever was the best bidder.

A California real estate broker purchased both property for $300 cash each. He asked me if he could come down to Arkansas after the meeting and try to find the property. This he did. We located both properties. I was very sorry that I had not taken the time to check them out. The two acre tract alone had a well and septic tank on it and it was located on a blacktop road. There use to be an old home on this property and it had been destroyed some years earlier; but, the property was worth at least $3,000. The residential lot was worth about $1500. Needless to say that broker was very happy with his investment.

Not only that, he was a very creative person and asked me if we could purchase other similar properties. We drove to Little Rock. We located the Land Commissioners Office in the basement of the State Capitol. There we browsed through 75 books. There was one for each of the 75 counties in Arkansas. Thousands of properties were available just for writing a check for the amount due. To make a long story short, we formed a partnership whereby I purchased the properties and he either sold or traded them off in California. We each made more money on this project the first year than either of us did in our brokerage business. Over a period of time we purchased over a 1000 properties in Arkansas and we never paid more than $100.00 for any one property.

When I first got started, I researched the statutes in a number of different states. I found that in North Dakota, properties were being sold by mail bid sale. I wrote to every county in North Dakota asking to be put on their mailing to receive notices of mail bid sales. One day I received a list of properties located in a city in North Dakota. There were 105 lots. I mailed in a bid of $5.00 per lot. I was pleasantly surprised when I received a notification that I was the successful bidder. Naturally, I sent them a check by return mail and received a deed to the property. Again, going to real estate exchange meetings and being a member of a couple of barter clubs, I disposed of what I thought were all of the lots for $50 to $100 each. A couple of years later, when my wife and I arrived from wintering in Puerto Vallarta Mexico, I checked my post office and found a check for $3,300.00 from an oil company along with a lease for me to sign. They wanted to lease the mineral rights for a period of three year under five of the lots. I thought I had disposed of all 105 lots but discovered that their title examiner was correct and that I still owned those 5 lots. Thanks to my guardian angels.

The above was both a good and a bad experience. All I would have had to do when I originally acquired those lots was to make up a separate deed and sever the mineral rights on all 105 lots. Had, I spent just $3.00 to record that deed, that check would have been for over $60,000.000. Lesson learned! I now sever the mineral rights to all property I buy regardless of its location or size.

I had a person who asked me to teach me this business at a Barter meeting in Oklahoma City a little over a year ago. I told him that the only way I would take him to a tax sale is that he would agree to pay all my expenses to and from and at the sale; that he would have to provided up to $10,000 to invest; and that I would receive 50% of the property purchased.

We did attend the sale. We purchased 4 houses and 8 residential lots for a little less than $2500 of his money. We received the sheriff’s deed a couple of weeks after the sale. A couple of weeks later the investor, now my partner on this project, made a trip to the county. He made sales totaling a little over $57,000.00 in one day. Most of the properties were sold for small down payments, small monthly payments, on a contract for sale including 10% interest. A lot we paid $200 for was sold for $2500. Needless to say, the investor is happy. Since then, that investor has acquired a couple of homes in Oklahoma County, Oklahoma, for taxes and several properties in another county in Oklahoma. That is happening right now.



 

These jealously guarded secrets revealed by an expert with over 40 years experience in this incredible and exciting business.


  • Earn fantastic rates of return on your investment.
  • Use the power of compounding to build your wealth.
  • Acquire deeds to real estate at unbelievable low prices.
  • Buy Low - Sell High.
  • Houses for less than $5,000.
  • Residential lots for less than $500.
  • Earn 18% to 36% annualized yields investing in government issued tax lien certificates.
  • Learn how to acquired properties before the tax sale from delinquent property owners for pennies on the dollar.
  • Learn how to research and acquired properties at tax forfeited land auctions.
  • Learn how to research tax lien certificates before investing. Avoid the pitfalls.

  •  


    SOME TYPICAL SUCCESS STORIES

    Robert, in Phoenix, Arizona, just acquired 3 properties which consisted of 2 vacant lots and a small home. He paid $50.00 for each from the delinquent property owner who had no intention of redeeming, using one of the techniques in our manuals.

    Paul in California, acquired a home worth about $60,000 for less than $5,000 prior to the tax sale, using one of the techniques in our manuals.

    Jesse, in Texas, just acquired a home on a golf course worth about $110,000 for a little over $7,000 total. He did not have to go to the Auction and compete. He used one of the techniques which we have developed over the years and is revealed in our manuals.

    Another couple in Northern California have acquired several properties for $100 from the delinquent property owner prior to the tax sale.

    John, in Oklahoma acquired a nice two bedroom home for less then $2500 even after paying all the taxes and fixing it up for resale. He used one of the techniques in our manuals.

    Rudy, from California, recently acquired a very valuable lot in Little Rock, Arkansas, for a little over $200, using one of our techniques. He is having a Realtor sell the property for him.

    CLICK HERE FOR MORE SUCCESS STORIES

    PROFIT MAKING MANUAL FOR THIS AND OTHER STATES ARE NOW AVAILABLE FOR EACH STATE

    KNOWLEDGE IS POWER -THE LACK OF IT CAN BE VERY EXPENSIVE

    HERE IS WHAT YOU GET WHEN YOU ORDER

    Average size of these documents is 80 pages formatted for your favorite word processor.. These are not simple reports; they are comprehensive for each state.


  • 1. Ten proven and tested profit making formulas and techniques.
  • 2. Pertinent statutes relating to the collection of delinquent taxes and the sale of property for non-payment of taxes included in each state manual.
  • 3. Form letters for your use in contacting the proper public officials are included in each state manual.
  • 4. Form letters for contacting delinquent property owners prior to the sale and buying the property for a token payment.
  • 5. List of public officials to contact. This list can be imported into your favorite database and used to mail merge letters to the proper public officials.
  • 6. Public record statutes.
  • 7. Complete text of most statutes relating to taxsales.

  •  

     
     

    Order Now. Check out our specials. We accept credit cards.


    CLICK HERE for list of States and Materials Available. Order by credit card, by phone, or by ordinary mail.

    CLICK HERE  - Frequent questions and answers

    CLICK HERE  WHAT OTHERS HAVE TO SAY

    CLICK HERE Roy's Favorite Sites and Other Related Tax Sale/Lien Sites.
     
     

    OTHER VERY IMPORTANT LINKS

    CLICK ON THE STATE OF YOUR CHOICE FOR VALUABLE INFORMATION REGARING TAX LIEN CERTIFICATE SALES AND PUBLIC AUCTIONS OF TAX FORFEITED REAL ESTATE

    STATE NAMES PRECEDED BY AN * OFFER TAX LIEN CERTIFICATES

    *Alabama Alaska *Arizona Arkansas
    California *Colorado Connecticut Delaware
    *District of Columbia *Florida *Georgia Guam
    Hawaii Idaho *Illinois *Indiana
    *Iowa
    Kansas
    *Kentucky
    *Louisiana
    Maine *Maryland *Massachusetts Michigan
    *Minnesota
    *Mississippi
    *Missouri
    *Montana
    *Nebraska
    Nevada
    *New Hampshire
    *New Jersey
    New Mexico
    New York
    North Carolina
    *North Dakota
    *Ohio
    *Oklahoma
    Oregon
    Pennsylvania
    *Puerto Rico
    *Rhode Island
    *South Carolina
    *South Dakota
    Tennessee
    Texas
    Utah
    *Vermont
    *Virgin Islands
    Virginia
    Washington
    *West Virginia
    Wisconsin
    *Wyoming
    TRUST MANUAL


     

    CLICK ON THE LINK BELOW TO GET YOUR PERMANENT

    FREE EMAIL ADDRESS WITH GLOBAL ACCESS

    HUGE 6MB OF STORAGE

    MOST RELIABLE EMAIL SERVICE ON THE INTERNET

    SEND AND RECEIVE EMAIL WITH ANY SIZE ATTACHMENTS

    SIGN UP NOW - YOU WILL NEVER KNOW WHEN YOU NEED IT

    Get FREE Email Now!

    ©  Copyright 2008 - Tax Research Foundation - All Rights Reserved.