Tax lien certificates and Tax Deeds

What are the pros and cons of Tax Lien Certificates and Tax Deeds.


Tax liens - fairly secure interest rates
Tax liens - if you can find a good county with not many investors, you can get high rates

Tax liens - if you bid on the wrong thing because you didn’t know how to do due diligence, you might not get your money back
Tax liens - sometimes gets paid off too soon and not enough interest
Tax liens - in bid down states like FL, interest may be too low in the first place

Tax deeds - You own the property

Tax deeds - You own the property and liable for stuff on it
Tax deeds - Title often needs cleanup before you’re able to sell it

There’s a couple of good tax lien books I recommend, here’s my top two choices:
[ISBN 0978834682] Complete Guide to Real Estate Tax Liens and Foreclosure Deeds: Learn in 7 Days-Investing Without Losing Series by Don Sausa

[ISBN 0793195179] Profit by Investing in Real Estate Tax Liens: Earn Safe, Secured, and Fixed Returns Every Time by Larry Loftis

Thanks for the input and the suggestion of hte books.