Tax lien and tax deed investing exploit the mechanism by which local governments enforce unpaid property taxes.
Log in to followBought this one at a sale three years ago. Certificate was $2,410 on a small frame house on a third of an acre, statutory rate 12%. Paid subs every year since, $1,190, $1,240 and…
County posted the delinquent list six weeks ago. 1,100 certificates, I filtered down to 40 by pulling assessor records and screening out anything with an improvement value under 4…
Got handed a deck for a small fund, $14m target, buying tax certificates in three bid-down states and bidding at deed sales in two others. Terms are a 9% preferred, 2% management…
This is a deed state, sale is a public auction of the property itself, opening bid is the delinquent taxes plus costs at $9,340. House is 1,180 square feet, single story, frame, b…
Set aside $18,000 for a first year in certificates. Won 9 at the May sale, total outlay $12,060, average $1,340, rates between 8% and 12% in a premium-bid county where I paid no p…
First auction I've registered for. Online platform, county in a bid-down state, 340 certificates in the batch after the withdrawals were posted. My total budget is $12,000 and I w…
Sitting on $400,000 earmarked for something with predictable cash behavior, and certificates keep coming back as the answer because the return is written into statute rather than…