Every state provides excellent opportunity to make money in tax lien certificates and tax deed properties but there are a few that stand out; one of which is Arizona. Arizona has always been one of the greatest places to invest in tax lien properties. There are a few things that every investor should consider before spending too much time in any given state or county:
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Accessibility
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Cooperation/Helpfulness
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Rate of Return
How accessible are the tax lien lists or properties? Do they provide tax lien certificate lists on their website or do you have to go to the county and search ancient records? Are the lists only available in the local newspaper a week before the auction? These are all things to consider when thinking about counties and whether to pursue tax liens in that specific area.
How helpful are the county workers or their system? I would rather not work with a county worker if I do not have to. I am just that type of guy, I guess. If they have a great website where all the information I need is listed then that county gets an A+ for helpfulness. If I have to speak with a county worker with any question or request and they are slow to help or hardly know the correct answers then they do not get a good score.
And, of course, the rate of return is pretty important. This is pretty straight forward. One thing to consider, though, is if the county has terrible accessibility and helpfulness then a good rate of return may not be worth the trouble. Who knows? Maybe it is. That is up to you. I am the type of investor to just move on. There are too many states, too many counties, and way too many tax lien properties to bother with the little stuff.
Arizona is a wonderful place to invest in tax lien certificates. (It is also a great place for tax deed properties. Few people know that there are pockets where deeds are available. We show some of those lists in the Marketplace.) I have visited county buildings where the workers will spend all the time necessary to make sure you know what you are doing and how things work there. By phone, they are fabulous as well. Even better than that is most counties have all the information available online. That allows me to sit at home in my unders, research, and invest.
Investing in Arizona also rewards investors with a high rate of return at 16%. Not bad. That is probably much better than anything else you could find right now.
There is opportunity everywhere. I always tell people to start in their home area. You always have an advantage in your home area. But when you decide to venture out, Arizona is not half bad.
No Risk Investor is the ultimate resource and tool for Tax Lien Properties, deed, and real estate investors all over the world. No Risk Investor takes incredible pride in its ability to help students take action, get into properties, and begin the journey to financial freedom. No Risk Investor provides county lists, property lists, online auction lists, comprehensive training and education, an auction calendar, and online auction center, an investor community and much more for its members.
