Saturday, October 2, 2010

The Lien Machine - Creating Wealth

Ideally, investors will want to invest and reinvest over and over.
This means that as soon as one TLC is redeemed it is reinvested.
This is will compound the gains. You will want to be ready to reinvest
as soon as possible. The ultimate goal is to eventually have TLCs
coming due each month and annuitizing your new business.
I like to call this the “Lien Machine” because input is being turned to output,
which means profits!

Some STATISTICS to keep in mind:

70% of all liens are redeemed.
95% of Owner occupied liens are redeemed within the 1st 90 days.

So what type of Lien Certificate do you want to buy? Those that are owner occupied.

The best way is to purchase liens on a regular basis. That could be on a weekly basis, twice a month or monthly. You, as an investor, know your time constraints as well as your budget. But set up a plan that works for you.

Example:
You research and buy $100 worth of certificates every week.
So the 1st month you invest $400
The 2nd month you invest $400
The 3rd month you invest $400
NOW the 4th month you invest $715. How? Statistically 3 of the 4 purchases from the 1st month should redeem with interest. So even with a minimum of 5% interest you should have received $315. So now you will invest your $400 + the $315 from the redeemed certificates or $715


From Saen's Book: "Make the investment
Unfortunately, many students have taken my courses, read my books and even tuned into my
conference call but never made an investment. Just like the man whose testimonial was printed in chapter 4. He read the books but failed to act. Remember you can start with as small an amount as you are comfortable. In order to be successful you must start making the investments."

It is recommended by Saen that you just buy something. Start with $20. It is safe and gives you the experience and confidence you need to move to bigger and better certificate purchases. Worst case scenario - you loose $20.

SO GET GOING - GET OUT THERE AND JUST BUY SOMETHING.

1 comment:

  1. Hello - you say statistically that three out of four purchases redeem that first month; but then you're recommending purchasing OTC county certificates; question - how can you be so sure that you're not going to be stock with a bad property that you can't unload?

    ReplyDelete