Wayne Gray is a veteran tax lien/tax deed investor and lecturer. I caught his seminar at the Learning Annex Real Estate Wealth Expo in New York. There were about 500 people at his seminar and every seat in the lecture hall was taken.

Wayne explained thoroughly the investing process and history of tax liens and tax deeds. He gave details in how to earn 8%-50% interest per year on your investment in tax liens. Wayne pointed out that when investing in tax liens, the investor is dealing with the county, not the homeowner. He also stated that there are redemption and grace period provides by the over 5013 taxing jurisdiction in the United States today.

Tax lien investing can be lucrative and fundamental piece of your investment portfolio. Many use it as an alternative to some banking institution accounts due to its high rate of return.

There are some who use it as a means to foreclose on a tax lien/tax deed property. Wayne recommended at the seminar to enlist assistance when foreclosing on a property after the redemption period is over from a real estate attorney and the county where the property is located.

He also stated that there are additional costs involved in this process and that is many cases the tax lien/deed owner can make a deal with the bank that has the mortgage on the property.

This was an informative seminar and Wayne Gray is a magnetic lecturer. Wayne gives the impression of being a seasoned real estate professional. There were many attendees at the seminar who must have felt the same way, as many of Wayne’s products were purchased immediately following his presentation.