Investing in Real Estate Tax Lien Certificates: Case Study (Udemy.com)
An actual case study looking at Florida tax lien certificates as an alternative investment to bank CD's and bonds.
Created by: Larry Aiello
Last updated May 2021
What you will learn
- Learning the ins and outs of investing in Florida Tax Lien Certificates by way of a case study.
- The difference between a tax lien certificate and a tax deed.
- We will look at two of the main websites that host the auctions for the Florida tax lien certificate auctions (Grant Street and Real Auction).
- County-Held certificates are also an investment option where the counties will sell their certificates at an 18% interest rate.
- We will go over the tax deed application process if a property tax owner does not pay their tax liability within the redemption period.
How it compares
Against the other 75 rated Udemy courses in Real Estate on CourseDuck:
- Rating4.4 out of 5higher than 21% of them
- Reviews327#52 of 76 by number of reviews
- Length2.4 hoursshorter than 72% of them
- Last updatedMay 2021earlier than 78% of them
Course Description
This is an actual case study of my journey into investing in Florida tax lien certificates.
I will use my own funds and invest in this asset class for the first time and share my experience with you.
This course will look at the State of Florida only.
Most of the counties in the state conduct their auctions online. And each of these counties use a third-party to run conduct these auctions and to run the software on their websites.
We will look at two of these companies that handle most of the counties within the state.
Grant Street (LienHub) - for Hillsborough, Pinellas, Pasco and Dade (Miami)
RealTaxLien (Real Auction) - for Sarasota and Polk County
My strategy for this investment is to not use the tax lien certificates as a way of owning real property.
My goal is to find properties that will redeem quickly so I can earn a return on investment that is greater than the money earned by leaving it in a bank and is secured by real estate.
Interest rates on tax lien certificates in the state of Florida start out at 18% and then get bid downwards in a reverse-style auction.
We will also discuss tax deed applications and the auctions that arise from these applications after the redemption period has expired. This is a way for the tax lien certificate holder to force a foreclosure sale.
There are also county-held certificates that can be purchased at any time that accrue interest at an 18% annual return.
DISCLAIMER
I am not an investment professional. Please discuss any investment with the appropriate professionals to see if this would make sense for your personal situation.
Instructor Details
- 4.4 Rating
327 Reviews
Larry Aiello
Hello
My name is Larry Aiello and I am an accounting professional with 30 years accounting experience and a graduate of the University of Florida.
My experience covers a wide variety of industries including real estate, healthcare, financial services and doing a lot of different tasks related to the business world. And I’m also a big geek in figuring out how the computer can improve our lives.
I really enjoy teaching and sharing my knowledge with others no matter what the subject matter.
I grew up speaking Italian at home and developed a love for the Italian language at a very young age as we would travel back-and-forth every year to visit my family and friends. Early on I realized that knowing another language is indeed a gift. It allows you to have relationships and friendships that you never otherwise would have had. It also allows you to travel and enjoy various cultures and new experiences. I enjoy sharing my knowledge about the language and the culture.
I love sharing my knowledge of business-related topics, accounting, personal finance, investing in real estate, mutual funds or whatever else I happen to know. I consider myself a lifelong student on this journey that we all undertake and enjoy sharing what I’ve learned along the way.
Good luck in your journey!
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Reviews
By Mayur Patel on 11/30/2024
Best part of this course was the longitudinal aspect of it. In other words you followed through with update on outcome of your investments for 2 yrs. Also each segment is clear, concise and without fillers.
By Life D Griffith,MSM on 9/12/2023
It was very insightful with regard to the details and process of investing in tax liens. It was clear and very informative for someone like me who is striving to understand the various components of real estate industry!
By Michele Raymond on 8/1/2023
This course is a PERFECT match for me! I am a Florida native and am wanting to know more about tax lien certificates! The instructor, Larry Aiello, seems to be very knowledgeable and thorough.
By Nelson Vega on 2/13/2023
The course was ok. Informative, but it felt like the instructor was experimenting and recording the videos... which is clever, but, at the same time, I didn't get a lot out of it from the experience standpoint. I would have loved to know more about the competition, different strategies, and potential gains. I was intrigued about the hedge funds competition, but it was left like that.
By Kristine Webster on 1/2/2023
Fantastic training with visual interactive demonstrations on bidding systems, strategies for Florida Tax Lien Certificates. Definitely would recommend for someone wanting to get started in this investment opportunity.
By David Franz on 11/17/2022
Overall very well done. Detailed and well organized, I was able to get set up on Florida tax lien websites with no problem. I would have liked more detail up-front on why the instructor bid at 0.25%, which became clear in later lessons but it was confusing at first. And now, at the end of 2022, given inflation and interest rates as they are today I'm curious if opening bids are higher. The average return of around 6% may not make sense anymore. Will check that out. Overall, this course was helpful. Thanks!
By Bryan Burke on 11/1/2022
Larry is very thorough and explains things well. I'm an experienced investor but enjoy Larry's style of presenting this information. Great course for anyone wanting to know the ins and outs of tax lien investing in Florida.
By Sarah garshell on 6/29/2022
Very hard to follow the spread sheet portions as he blows right through them
By Mitchell Giangobbe on 8/3/2020
If you want to learn the nuts and bolts of investing in tax lien certificates, this is a great course. Larry takes you through the whole process in a very easy to understand way. No hype, you see the real work involved and the results he got.
By HJ Kreiling on 11/22/2019
Well organized. Unlike others that speak of theory, Larry walks you through the actual mechanics. Much more complicated than I was lead to believe from others. Thank you for your approach.
Quality Score
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Overall Score : 88 / 100






