Transcript:
Hey there, it’s Casey Denman from TaxSaleAcademy.com and welcome to our weekly question segment. This week’s question comes to us from Corey.
Alright, Jackson sent in this week’s question.
What the #1 thing to do right now if I want to get started with tax sales?
Jackson, thanks for your questions.
I actually have two number one things for you to do at the same time.
The first is to learn. Watch my Youtube, grab my book, learn from anywhere and everywhere you can . . . as long as the training is accurate of course. But learn. Read the laws, go trhoguh the county’s websites and read every single thing on their tax sale page. Then find another county and do the same thing. Tax sale investing takes knowledge. Put in the time and effort to get that knowledge.
Alongside that you should start attending auctions. Not to bid, but to watch, to observe and see what’s going on. Now, you’ll likely think wow, this looks easy I can do it. DON’T. Not at first anyhow, because you won’t have the knowledge that the sellers bidders you see there do. Instead just watch and take it all in, network, talk with others, listen to what others are saying and doing. All of this will allow you to go back and seek out the information, the training and knowledge necessary.
In order to be successful in this business, especially for the long term you must have the knowledge required. And getting that knowledge, learning will 100% fall on your shoulders. It’s so so important that you spend as much time as possible learning eveyrhting you can about this business before getting involved. Have the patience to do that and it will be off exponentially in the long run!
Thanks so much for watching. And as always, check out TaxSaleAcademy.com to grab a copy of your free book or if you’d like to take advantage of the most detailed and step by step training we offer thorugh The Tax Sale academy. See ya next time!