Zero Risk Real Estate: Creating Wealth Through Tax Liens and Tax Deeds

Creating an Exit Plan

Before you can create your exit strategy, you must clearly define your real estate property investment goals and objectives. Ask yourself, do you intend to make real estate investing your primary source of income? Is real estate investing supplemental income or are you building long-term wealth for you and your family? Once you have established your objectives, only then can you consider various exit strategies that will help you realistically meet those objectives.

Your strategy may involve just purchasing tax lien certificates and hoping to earn interest on your investments when the property owner redeems the property and pays the taxes. Selecting properties that you know will redeem, and structuring the redemption periods in staggered intervals, will create a steady return and stream of income once it is mapped out on a calendar. This is a simple and straightforward approach to creating long-term wealth with Zero Risk.

Or, you may want to own property by purchasing tax deeds, or to foreclose on your tax lien certificates when the opportunity arises and build an investment portfolio by buying low, rehabbing, and selling high. Some properties you may want to rehab and lease, while others you may want to rehab and flip by selling them at a higher amount than you paid and recouping your investment quicker.

While this certainly takes more energy, expense, time, and cost, the returns can be much higher. When it comes to developing your exit plan, here are the ...