The 16% Solution

by Joel S. Moskowitz

Book Overview

IN RICH DAD POOR DAD YOU FIRST LEARNED ABOUT THIS BOOK. NOW READ THE BOOK AND START COLLECTING HIGH INTEREST PAYMENTS Dealing with unpaid taxes? Looking for investment opportunities? With home... This description may be from another edition of this product.

• Format: Hardcover
• Language: English
• ISBN: 0836280849
• ISBN13: 9780836280845
• Release Date: November 1994
• Publisher: Andrews McMeel Publishing
• Length: 198 Pages
• Weight: 0.79 lbs.
• Dimensions: 0.8" x 7.4" x 9.3"

Customer Reviews

Some pretty bored (and misinformed) people here.

I find it fascinating at the number of ridiculous reviews with absolutely inaccurate information of the tax lien process posted here.Beware of people trying to cheat you of the powerful returns offered by tax liens.Read the book and do some research yourself. Start with your local courthouse. DON'T run an ad asking for help from other TLC investors, like the 1 star bashers, they prefer you think this investment doesn't exist or isn't profitable. They definitely DON'T want competition.TLC's are among the safest, most powerful investments around. Start with this book and invest for profit.

Much easier than I expected

This book explains tax liens in such clarity that I was able to go out and buy several tax liens the very next day.And who says you have to be restricted to your home state? You can go to Iowa, Michigan or vaction spots like Arizona, Texas and Florida, bid on a tax lien and now your vacation becomes tax deductible while earning a high yield government guaranted!Or you can bid by mail. Unlike stocks, your investment is guaranteed and you may even get a nice property for 1/10 of the normal price.Get this book and start buying tax liens.

Put a little TLC (Tax Lien Certificates) in your portfolio.

Tax liens are the safest, highest yielding investment available today. In North Carolina, where I live, tax liens pay 12%. Better than CDs and better than losing money in the stock market. In Iowa, tax liens pay 24%. In Texas and Michigan, 50%.... First, tax liens are available in N.C. AND THEY ARE AVAILABLE IN MOST STATES, NOT JUST 25. Perhaps he is confusing deed states with mortgage states. Tax liens are among the safest of investments. The only real risk is if the debtor pays off the lien prematurely---you lose profits. Or if you buy a lien on a really bad piece of property. If the debtor doesn' pay off the lien, you get the home and foreclosing is not all difficult.... I highly recommend the 16% Solution and of course investing in tax liens. Obviously. Great money maker along with real estate and discounted mortgages.

Tax Liens Are The Way To Go

I didn't know anything about tax liens prior to reading the book. The very thought of buying someone elses debt didn't make any sense to me prior to reading this book. I learned that tax liens are backed by real property and is a government run program. You will get paid or get the property at well below market value period! The best part is the government handles it all for you so you do not have to deal with the property owners yourself. You can't get a safer investment than this. I live in a state that pays 18% interest on tax liens and that is what credit cards charge!I was able to read the book in one day and go out and buy tax liens the next day. That is how clearly the author explains the process. If you are looking for a high return investment that is safe and does not bounce up and down like the stock market, then tax liens are the way to go. A must read for anyone who is interested in investing.