For Sale $47.5 million Arizona Real Estate Tax Liens

The beauty about real estate is there are so many ways that you can invest. You don't always need a perfect credit score and hundreds of thousands of dollars sitting in the bank. To play in the real estate tax lien investing niche, you do need laser-beam focus and pounds of perseverance.

Maricopa County, Arizona is going to give real estate investors the opportunity to earn up to 16% rate of return. The county is planning on having its largest sale of delinquent property-tax liens on record, an estimated $47.5 million worth of unpaid taxes. Last year's auction was $32 million. What do you think the 2010 auction will bring?

Most likely another record.

This area of investing is outside my area of expertise, but I'm going to find out the answer. Here's how. This week I am interviewing Joanne Musa, "The Real Estate Tax Lien Lady." We are going to discuss some basic ins-and-outs of real estate tax lien investing.

However, I do know that if you attend one of the February auctions, you will most likely never be able to get 16% interest rate. Why? Because the lowest bids wins.

--Read more to find out last year's actual average winning interest rates--

Your friendly Phoenix AZ real estate agent.

Moving Forward,

Kendall E. Matthews

P.s. If you want to stay tuned in what I find out? Subscribe to Kendall Matthews' Adventures In Door Knocking by Email