1. Tax Lien Investing: Tax lien investing offers investors the opportunity to earn high returns on their investment with little risk. When a property owner fails to pay their property taxes, the government places a lien on the property. The investor then pays the delinquent taxes and becomes the lien holder. The investor is then entitled to collect the delinquent taxes, plus interest and penalties, from the property owner.
2. Vacant Land Investing: Vacant land can be a great investment opportunity, especially in Levy County where there is a lot of undeveloped land available. Investors can purchase vacant land for pennies on the dollar and resell it later for a profit when the market improves or development finally comes to the area.
3. Foreclosure Investing: Foreclosure investing can be very profitable if done correctly. Investors can purchase properties at foreclosure auctions for pennies on the dollar and then either fix them up and sell them for a profit or rent them out and generate positive cash flow each month.
4. Commercial Real Estate Investing: Commercial real estate can be a great investment opportunity for those looking to diversify their portfolio or earn higher returns than what is possible with residential real estate investing. There are many different types of commercial real estate investments such as office buildings, retail centers, warehouses, and more.