How tax lien investing works and how to buy tax lien certificates

#66: Investing in tax liens may sound scary and complicated. But as you’ll see from today’s podcast interview, with a little bit of research upfront, it can be as easy as buying toilet paper on Amazon. And the capital required to invest can be as little as a couple hundred bucks, making it a low-risk way (compared to buy-and-hold real estate) to try a new investing strategy.This week, I deep dive on tax lien investing with Phil Kessler, a prolific tax lien investor who has extensively researched the tax lien investing laws of multiple states. He also creates a lot of educational content about tax lien and tax deed investing online.We discuss:How tax lien investing works + how to make money from itDifferences between tax lien vs. tax deed investingHow tax lien interest rates are set + realistic rates you can expectWhat makes an ideal tax lien investmentDue diligence checklist for analyzing tax lien deals (and how it differs from typical real estate investing due diligence)Tips and tricks for evaluating physical property condition, environmental risks, etc, when you can’t access the houseHow tax lien auctions work + winning bid strategiesHow tax lien investment funds work + tradeoffs of investing in a fundCheck it out here:https://hackyourwealth.com/tax-lien-investingHave you ever invested in tax liens? What’s been your experience? What other questions do you have about it? Let me know by leaving a comment.Don't miss an episode, hit that subscribe button...If you liked this episode, be sure to subscribe so you don’t miss any upcoming episodes!Apple PodcastsOvercastSpotifyStitcherI need your help, please leave a listener review :)If you liked this episode, would you please leave a quick review on Apple Podcasts? It’d mean the world to me and your review also helps others find my podcast, too!Links mentioned in this episode: Nationwide Environmental Title Research (directory of public records websites)Velocity REOs (drive to any property, take 10-15 photos for you)National Association of Counties (find tax sale info on county treasurer site)National Tax Lien AssociationRealAuction.comGrant Street Grouppropertyonion.comSchedule a private 1:1 consultation with meHYW private Facebook community  Intro/Outro: Old Bossa by Twin Musicom.

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As a lawyer / engineer / MBA, how can you achieve FIRE (financial independence, retire early) rapidly to quit the rat race, pursue your passions, and live life on your own terms? Andrew Chen – founder of the Hack Your Wealth Blog and lawyer, financial expert (CFA graduate), and tech industry veteran – shows you strategies and tactics to (1) earn, (2) save, (3) invest, and (4) protect as a high earner so that you can build massive wealth and create a portfolio that’s a FIRE machine. Through solo lessons, expert interviews, and side hustle profiles, you’ll learn about tax strategies, retirement account optimization, asset allocation & rebalancing, passive income (real estate investing, side hustling, online business, digital nomading), family finances (e.g., strategizing college education costs), travel hacking, estate planning, and career transitions. Andrew podcasts about the big picture concepts, then adds step-by-step implementation guides downloadable from the Hack Your Wealth website to help you FIRE strategically, methodically, and rapidly.