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What is commonly called “Tax Lien Investing” actually encompasses many things. Some people in the business buy tax lien certificates as a rock-solid safe way to earn up to 18% or more on their cash. Other people buy tax deeds in hopes of acquiring real estate at incredibly low prices. Still others use more advanced strategies and techniques to predictably buy properties directly from the municipality for pennies on the dollar. Maybe you’re just looking for a way to earn a few hundred extra bucks a month? Or maybe you’re an experienced real estate investor wanting to grow your business? Perhaps you’ve got some extra money laying around in your retirement account that you don’t want to put into the stock market? Whatever your situation, there are aspects of this business that can help just about anybody move closer to their financial goals. While it’s nice to get a strong return supported by the government (and backed by real estate), most real estate investors are working deal to deal. And, if your money is tied up in a 2 year investment for 18% return, it can severely limit you, forcing you to miss day-to-day money making opportunities. That’s why most real estate investors have ignored tax lien investing, until now.
- We teach our students the “other side” of tax investing. Strategic property acquisition through tax deeds (rather than tax liens) can greatly enhance your deal-flow, and your cash-flow.
- What if you could predictably acquire properties for pennies on the dollar?
- What would that do to your ability to make money? To find investors? To expand your marketplace geographically so you’re no longer forced to work the same old territory, within 5 miles of your house?
Whether you’re looking to wholesale deals, fix and flip, develop raw land, buy and hold, whatever your preferred strategy, understanding tax investing can greatly expand your market and your horizons. And, when you’re able to acquire property so inexpensively (65% ARV? 50% ARV? how about 10% ARV or less!) you can get very creative with your exit strategies. Join us at our CCIA meeting on May 19th to hear more about Tom’s creative Tax Lien strategies! ABOUT TOM DIAGOSTINO: Tom grew up the hard way in the Monroe Housing Projects in the South Bronx of New York City. He seized opportunity and started his college career at CUNY and then Pace University, joined the Army ROTC and commissioned as a Second Lieutenant, eventually retiring from the Army. At Pace he did an internship at Reynolds Securities, a financial firm where he achieved a tremendous education in the markets, and has been heavily involved in the trading markets ever since. His business career started in 1988 as a project manager for Orenstein Construction. It was then he purchased his first batch of Tax Liens through the tax sale process. In 1992 he struck out on his own and formed the company T-GRAM, Inc. an acronym for his Bride of 24 years and 4 children, Thomas, Grace, Rick, Ann, & Maegan (he says he is the hyphen). He started as a site builder, then to a developer of small subdivisions, then to a Superior Wall franchise that set over 4,000 homes. Tom has kept current through education and seminars adding new tools to his business practice to stay on top of the ever changing market place. The last decade Tom is a Rehabber, builder, and Tax Sale investor. His experiences entail every facet of real estate, and throughout his career he has utilized tax sale properties for rehab projects, wholesales and rentals. Growing wealth by acquiring real estate for pennies on the dollar via Tax Sales is the foundation of Tom’s real estate business.
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CCIA Monthly Meeting Information
Door Fee: $15/person guest fee; with a CCIA membership, members always attend FREE! CCIA Membership: $99/1-year, $149/2-years (2nd person on membership - no cost!) CCIA Meeting Agenda 5:15PM – Reception Area
- Registration & Vender Area Open
- Informal Networking
5:30PM – Main Meeting Room
- Educational Segment
- Property Presentations
- CCIA, IRPOA & NaREIA Updates
7:05PM – Main Meeting Room
- Keynote Speaker Presentation
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