Investor Army Podcast

Investor Army Podcast


Ep. 10 Tax Lien and Creative Finance Expert Mike Gunn

June 08, 2017

Mike Gunn is a highly successful tax lien expert and shares 20+ years of experience of buying at the auction and how he built his Mississippi empire.  This is one of the best interviews we have had yet and as a real estate investor you need to listen to this episode and see how Mike wins the tax lien properties and uses creative financing strategies to create real lasting wealth allowing him and his family to be financially FREE.  Tax liens are something not many real estate investors know about and Mike does an amazing job explaining the whole process on how to research them, buy them, and handle the whole process from start to finish.   He share how you can wholesale, rent, owner finance, and even rehab these tax lien properties for big profits.  His alleviates a bunch of the fears many investors will have in buying tax liens and breaks it down just about as good as anyone on how to be successful in real estate with this strategy.       0:00 – 6:45 Introduction to Mike and he shares how he struggled early in business and how he found his way into Tax Liens and gained redemption and changed his life   6:46 – 10:23   The difference between Tax Lien and Tax Deed States   10:24 – 13:01 The benefits and power of tax liens and why it is profitable   13:02 – 17:30 How the redemption period and controlling the property during this time period works standing in the shoes as an investor   17:14 –  23:21 How to buy tax liens in your IRA and grow your IRA quickly and how the tax sale works in Mississippi and what type of liens Mike buys….   23:22 -  26:38 Preparing for the sale and running title and prepping to go to auction….   26:39 –  33:02  The auction process and how it goes down….checking title issues…..suing for judicial confirmation for winning properties in dispute   33:03 – 38:24 Exit strategies to create wealth after winning the properties at the Tax sale   38:25 -  How Competitive is it buying tax liens….