Mark Manoil wrote a book called, "Arizona Property Tax Liens: Guide to Profit, Protection & Prosecution." Below are important property tax time frames that you must remember. If you want to be involved with Arizona real estate tax lien investing, you will probably want to bookmark this page.
January, Year 1 - A lien for taxes is attached to the property, even though the amount of taxes due will not be determined until the next fall. The county assessor notifies each property owner of the property's assessed value.
August-September, Year 1 - The County Board of Supervisors approves the property-tax rate, and residents receive their annual property-tax bills.
October, Year 1 - The first half of the property-tax bill is due.
April, Year 2 - The second half of the Year 1 property tax is due.
December, Year 2 - The county treasurer compiles for publication a list of all parcels with delinquent property taxes.
January, Year 3 - The Treasurer's Office has the list published in a local newspaper and on the Internet.
February, Year 3 - An online auction is held to sell the tax liens to investors. Bidders compete for the best interest rates, with bids starting at 16 percent. Any liens not sold to investors are "struck" to the state of Arizona but can be sold at subsequent auctions.
February, Year 6 - Lien investor can seek a judgment in court for foreclosure of the tax-delinquent parcel if the investor still has not been repaid with interest.
I plan on interviewing folks who have been successful in real estate tax lien investing, I will place the audio interviews on my main website www.InvestmentRealEstateCorner.com
Moving Forward,
Kendall E. Matthews
P.s. When I find the resources, I will definitely review them and tell you how they work out for me!
P.s.s. If you want to stay tuned in what I find out? Subscribe to Kendall Matthews' Adventures In Door Knocking by Email
I was on a roll with my blogs and my internet marketing. Now I have to go through this again. My 2nd laptop just died and I only had it for 18 months.
The message on my screen stated "....System32\en-US is corrupt and unreadable. Please run the Chkdsk utility." I ran the Chkdsk utility and it went to a certain point and just froze.
Last year, my desktop hard drive crashed. After paying $1,800, a data recovery service was able to get me back up to speed . The year before that, my first laptop introduced me to a term called "The Blue Screen of Death."
I was in the process of reorganizing all my files, so I could do an entire system backup this weekend while the Arizona Cardinals beat up on the Pittsburgh Steelers in the NFL Superbowl, my Gateway Tablet Laptop Model #: TA6 (it's the one where you can write on) decides that it was time to die.
Well, I don't want to shell out more money for laptops. I want to find a way were I can run my entire business in a 90% virtually environment without any hardware on my end. Any suggestions?
Moving Forward,
Kendall E. Matthews
P.s. When I find the resources, I will definitely review them and tell you how they work out for me!
P.s.s. If you want to stay tuned in what I find out? Subscribe to Kendall Matthews' Adventures In Door Knocking by Email
Has there ever been a time in your life when you produced more ideas than results?
Lately I've been very frustrated with myself because I know I can produce more positive results. I want to see at least one of my grandiose visions become reality.
Before I climbed into my king-sized bed, I went online to see what was going on in the news. I saw was that Barack Obama already started "The Change".
I read a few articles on what our president Barack Hussein Obama was able to accomplish on his first day in office; even while he was at the presidential parades and fancy balls.
It didn't matter who I voted for, I realized what I was doing wrong. The articles, made me realize why 80 percent of the time I felt like I was just spinning my wheels.
Moving Forward,
Kendall Matthews
Ps. Follow 80/20 Principle habits. 20% of your outputs will generate 80% of your results. Your mission, if you so choose to accept, is to determine what do you do that produces the most results.
P.s If you like this article? Subscribe to Kendall Matthews' Adventures In Door Knocking by Email
OK, I need to be upfront and honest with you. Recently, I had no idea what those little orange buttons on websites were all about.
Until I viewed an How To Use RSS Feeds video to learn how powerful they were to help people like me, "information hogs."
In one sentence, an RSS feed is like having a subscription to your favorite gossip magazine -- expect it's totally free.
If you’d like to keep up-to-date with new information in post, like this site, you can subscribe to an RSS feed.
RSS is a way of having people that you trust automatically send information to you... without having to go to their website. Using this free feature has saved me hours of having to check 20+ websites to see if they have updated. When the site is updated, the new content is automatically sent to you - in the form of a feed.
It's feed takes the form of a secretary, like a virtual assistant who creates personalized executive summaries each week
In order to read the feed, you’ll need a feedreader. There are a number of free feedreaders. The one I use is Google Feedreader. Once you’ve got that, anytime you see that orange icon on a website, click it, and you’ll subscribe yourself to that website.
OK, I need to clear something up… --Read more--
Moving Forward,
Kendall E. Matthews
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Once you have identified a rental property, negotiated the contract and closed on the deal, there's one main component left. You have to find a renter.
I work with investors who like having two individuals pay their mortgage payments. The first being a reliable renter. The second the American taxpayer. Add those two individuals together and you have...a Section 8 renter.
Hopefully, you already read my thoughts on why you should add section 8 renters into your real estate investment portfolio and then you should have skimmed through my guide which discussed how to protect yourself from bad renters. Now you must attract a renter to your property.
There are many ways to find qualified renters. Here's the marketing tools I use to lease vacant residential rental properties in 2 weeks or less:
If you follow these steps you going to have a major problem. Too many leads, calling at a time of their choosing. You can use an toll-free call capture system to qualify the leads for you. An 800# can sift and sort out the section 8 renter suspects.
If you don't want to repeat the same thing 43 times, you're going to want to use an 800#. Everyone prospective renter, who is interested, will hear the same information about the property... no matter if it is 8 in the morning or 11 at night. Most of prospective renters, have called my call capture 800 number between 4 - 7 pm. Either while they were out shopping or coming home from work.
---Read more for the 3rd Way--
Moving Forward,
Kendall Matthews
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