From Section 8 housing and welfare to Serial Entrepreneur, Angela Duncan has 25+ years of experience and a diverse career in banking, financial advising, owning a top 10 RE/MAX office for 5 straight years with over $2 Billion in sales, and establishing and selling an insurance agency. Angela’s mission Is simple: To transform lives through passive investing creating generational wealth.

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Guest Resource

The Passive Income Guide – Get your FREE e-Book from Angela.

3 Value Bombs

1) There are more options than the stock market. Real estate can do so much better if you do it correctly.

2) When you don’t pay your property taxes, a lien is placed on your home and investors can come in, give the government the money that they need and the government in turn guarantees an interest rate on your funds.

3) Determine first what kind of investor you are. Make sure you understand all of the process and the kind of investor you are before you leap into tax lien investing so that you have a great strategy in place.

Sponsors

HubSpot: HubSpot’s all -on -one customer platform can make growing your business infinitely easier. Visit HubSpot.com to get started today!

BetterHelp: This episode is sponsored by BetterHelp. Give online therapy a try at BetterHelp.com/fire and get on your way to being your best self!

Show Notes

**Click the time stamp to jump directly to that point in the episode.

Today’s Audio MASTERCLASS: Creating Passive Income Through Real Estate Lien Investing

[1:26] –  Angela shares something that she believes about becoming successful that most people disagree with.

• Oftentimes, we are scared to take chances because we are afraid of what we are going to lose. When you don’t have anything to lose, it will eliminate our fears.

[3:16] – Tax lien investing.

• Depending on the state that you live, a lien is placed against your property.
• When you don’t pay your property taxes, a lien is placed on your home and investors can come in, give the government the money that they need and the government in turn guarantees an interest rate on your funds.

[4:41] – Benefits of passive investing.

• The benefits of passive investing means that your money is working extremely hard for you while you are off doing other things.
• Put your money to work without you having to do a ton of work but you need to know what you’re doing before you get started.

[6:24] – Lucrative tax lien investment strategies.

• Start in your background, figure out what are the rules for your county when it comes to either tax lien or tax deed investing.
• Do your due diligence so you know what else could be in the title of the property.
• 80% of tax liens and tax deeds are scooped up by funds. You can just give them your money and let them invest for you.

[8:25] – A timeout to thank our sponsors!

• HubSpot: HubSpot’s all -on -one customer platform can make growing your business infinitely easier. Visit HubSpot.com to get started today!
• BetterHelp: This episode is sponsored by BetterHelp. Give online therapy a try at BetterHelp.com/fire and get on your way to being your best self!

11;45 – Angela’s favorite investments in the past years.

• One of the ways that you can invest in tax liens is through a self-directed IRA.
• There are more options than the stock market. Real estate can do so much better if you do it correctly.
• Foreclosures can be really hard for a homeowner, but sometimes that homeowner, either they had maybe someone passed in their family, they got sick, they lost their job and they just can’t afford that house anymore.
• When you go to a homeowner, you can offer them some cash to get out of that home and move on to their next journey.

[14:40] – Strategies on maximizing passive investment returns.

• The Passive Income Guide – Get your FREE e-Book from Angela.

[15:49] – From poverty to passive income, wealth building, and success.

• There needs to be a way for us to be able to educate ourselves, even if the environment in which we grew up in did not offer that.
• She started researching and found a mentor in the real estate space.
• When she found tax lien, and how easy it can be if you’re educated, she knew that it’s going to be an amazing way to grow wealth.

[17:44] – Angela’s key take away and call to action.

• Figure out what is the minimum you are willing to take on your money so that you can win that property.
• Determine first what kind of investor you are. Make sure you understand all of the process and the kind of investor you are before you leap into tax lien investing so that you have a great strategy in place.
• The Passive Income Guide – Get your FREE e-Book from Angela.

[19:14] – Thank you to our Sponsor!

• HubSpot: HubSpot’s all -on -one customer platform can make growing your business infinitely easier. Visit HubSpot.com to get started today!

Killer Resources!

1) The Common Path to Uncommon Success: JLD’s 1st traditionally published book! Over 3000 interviews with the world’s most successful Entrepreneurs compiled into a 17-step roadmap to financial freedom and fulfillment!

2) Free Podcast Course: Learn from JLD how to create and launch your podcast!

3) Podcasters’ Paradise: The #1 podcasting community in the world!

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