TR_October_2020

“TAX LIENSARE BASICALLYA DEBTOWEDTO ALOCALTAXING AUTHORITY, SUCH

ASACOUNTY, FORUNPAID PROPERTY TAXES.”

—CHANTELLE OWENS

property values. Or, the commu- nity benefits from the reversal of a blighted situation as most tax lien properties are abandoned, causing a decline in values. The state is re- lieved from any responsibility in the whole ordeal. While tax lien investing is very lucrative for many investors, it can be an extremely tricky path to follow if you don’t educate yourself proper- ly. We have seen many people on the courthouse steps waste hundreds of thousands of dollars on parcels they thought contained a dwelling, only to find they had purchased a small unusable strip of land next to the property they actually meant to purchase. We have seen investors lose even more because they made improvements to the properties

investors I know firsthand, including myself. With the impending down- turn, we believe now is the time to educate yourself and put yourself in a position to take advantage of this very lucrative industry. •

before completing certain legal requirements. Just like any other niche in real estate investing, tax liens require investors to do their due diligence. However, many seasoned inves- tors make the mistake of believing they can transfer their current real estate knowledge and skill set to tax lien investing. This is just not the case. Tax lien investing requires additional specialized knowledge and skill sets. Be sure to properly educate yourself before investing in tax liens. This means more than just Googling or YouTubing Tax Liens. Invest in a mentor or educational platform. In one of the worst financial mar - kets in history, tax liens helped to create financial freedom for many

Chantelle Owens has been investing in real estate since 1999 and has been a full-time real estate investor since 2001. In 2008, after going through a second

real estate market crash, Chantelle found her passion with Tax Lien Investing and has made this her primary niche. After 10 years of investing in GA Tax Liens, Chantelle is a Tax Lien Acquisitions Expert and the go-to person amongst her fellow real estate investors in GA. She has completed over 1000 tax lien transactions and created a healthy net worth via tax liens coupled with buy and hold strategies. Her passion for helping others led her to founding Home Again Transitional Housing & Services, Inc., a nonprofit organization providing housing for homeless veterans and other underserved populations.

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