If you are a natural entrepreneur looking for a great home business opportunity, you may want to consider setting up a property tax consulting business.

Since this is a somewhat obscure area of ​​consulting, even for many types of entrepreneurs, you may be wondering why I would suggest it in the first place. In a word, the answer is “opportunity.” There has never been a better time to become a property tax assessor.

In fact, running your own home-based consulting business offers so many attractive benefits that you probably haven’t thought of before that you’d be foolish not to at least check them out. This is especially true if you’re already looking for a great home business but haven’t yet found the one that’s the best fit for you.

In this article I’d like to highlight five reasons to consider launching your own real estate tax consulting business.

1. You get paid very well for specialized knowledge

In his classic self-help book “Think and Grow Rich,” Napoleon Hill points out that the accumulation of wealth requires one to apply specialized knowledge to solve the problems of others. As a property tax assessor, that’s exactly what you’ll do.

Because you are applying specialized knowledge—knowledge that others could easily learn on their own but few are actually willing to learn—you are rewarded handsomely for it.

How much can you expect to earn?

As a highly paid independent consultant, you can expect to earn one-third or even one-half of the tax savings you achieve on behalf of a client. And once he’s learned the basics of how to do this for clients, he’ll understand that most cases will require only a few hours of his time to complete.

Obviously, no one (including me) can predict what you will actually earn. This is your own business, after all, and your results will largely be based on your work ethic and overall effort. But it’s fair to say that your own real estate tax consulting business has true six-figure potential if you’re willing to operate it like a real business.

2. You can learn the basics quickly

Unlike becoming a licensed real estate broker, for example, there are generally few barriers to entry as a property tax consultant. In general, there are no licensing requirements to become a property tax consultant. Some locations may require you to have a simple business operating license, for example. If you’re not sure, just check with your local town or city council to find out what the requirements are.

There are several good low-priced home study courses that will give you everything you need to get started, and it’s entirely possible to complete one of these courses in a few days.

3. Business is strong and getting stronger

The collapse of the real estate markets of late has created the “perfect storm” of opportunity for property tax assessors.

Property appraisers are increasingly unable to keep up with changing real estate values, with the result that a large number of real estate are now incorrectly appraised for tax purposes. And chances are, many more are overvalued than undervalued, which means their owners are paying more property taxes than they should.

Also, your competition will be low or non-existent in many areas. All of which means limitless opportunities for you once you establish your own property tax consulting business.

4. It has very low start-up costs

You probably already have all the tools you’ll need to get started, with the possible exception of a home study course in property tax consulting. All you really need is a computer, a cell phone, a place to set up a home office (even if it’s just the kitchen table to start with), and the dedication to seriously run your business.

5. You will enjoy professional respect

There is immense personal satisfaction that comes from creating and operating your own professional property tax consulting business. As a true recognized professional in this field, you will earn the respect of others in your community. And best of all, your success will truly be based on providing a much-needed service to others.

So, what are you waiting for? Now is the perfect time to learn more about how you can start building your own highly successful property tax consulting business.