Tax Lien Certificates

[maat55]

Has anyone invested in Tax Lien Certificates and have any advice on the investment. I read about them in a book and find them interesting.

[DRILLINDK]

bump.

Anyone care to share any info?

[rmiecz]

Also interested..the 16% potential (somewhat) explained in Rich Dad Poor Dad seems neat. How does it work?

[jteezie]

Too good to be true...

and it probably is...

Living in a hotel room, I saw one of these on TV so I did a little research (not like I had anything else to do since I'm watching an infomercial, lol)

Least disclosed downside: the guy who you just paid free property taxes for will just take their house back and leave you high and dry. Court will side with them.