It really depends on which state you are interested in, every state has very specific law, which governs interest rates, say Florida permits you to charge up to 2% compound a month, that's 24% a year which is huge

slimpiggy (瘦猪犹如插翅虎)
investment return, also, Alabama has no limit, you can charge 50% interest,

These certs are auction off periodically, call the local muni govt they shall give you a list of outstanding liens,

I know Delaware is hot right now since their municipalities are about to go down in debt.

Two things keep in mind,

Be prepared to pay legal fee which will cut to your return to zero in case of defaulting

pick Liens on People that has intention to pay, call them interview them, reason with them, better yet work out a payment plan.

do read my first post, it contains most of the technical details, btw, these certs are not endorsed by Canadian govt, so you watch out for that.
2001-8-13 -04:00
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Back To Topic: 瘦猪及其他投资DX, 请问熟悉TAX LIEN CERTIFICATE吗? 这是美国的TERM, 不知道加拿大是否用同样的词, 有无INFORMATION和精通此道的朋友介绍??TIA!

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