How to Create Wealth Without College
Without a college degree most people have a rough time making ends meet.
Many have to work two full time jobs just to scrape by.
There are other options if you do not have a degree.
The answer lies in the economic troubles that have hammered real estate but not the conventional way.
Tax liens are the easiest way to get real estate for less than $2,000.
The concept is actually pretty simple.
When a homeowner defaults on their property taxes a lien is placed on the home.
The homeowner than gets a set period of time to pay off the taxes.
When they cannot pay the money pwed an investor can then buy the lien.
Many times these tax liens are less than $2,000.
Two things will result from investing in these tax liens.
1.
The homeowner pays you what he owes with interest or 2.
The homeowner defaults and the home becomes yours to rent or sell So in a worst case scenario you will get your money back with interest or you will get a home probably worth over $100,000.
This is a win-win situation with the possibility of big gains.
The great thing about making your money this way in real estate is that few people even know that this is possible.
This allows you to have access to many more opportunities since you have less competition.
This is a numbers game, the more liens you buy the better the chance to get rich by acquiring homes for under $2,000.
Many have to work two full time jobs just to scrape by.
There are other options if you do not have a degree.
The answer lies in the economic troubles that have hammered real estate but not the conventional way.
Tax liens are the easiest way to get real estate for less than $2,000.
The concept is actually pretty simple.
When a homeowner defaults on their property taxes a lien is placed on the home.
The homeowner than gets a set period of time to pay off the taxes.
When they cannot pay the money pwed an investor can then buy the lien.
Many times these tax liens are less than $2,000.
Two things will result from investing in these tax liens.
1.
The homeowner pays you what he owes with interest or 2.
The homeowner defaults and the home becomes yours to rent or sell So in a worst case scenario you will get your money back with interest or you will get a home probably worth over $100,000.
This is a win-win situation with the possibility of big gains.
The great thing about making your money this way in real estate is that few people even know that this is possible.
This allows you to have access to many more opportunities since you have less competition.
This is a numbers game, the more liens you buy the better the chance to get rich by acquiring homes for under $2,000.
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