Jacksonville Tax Deeds for Rentals

[Kevin Martin]

Looking into tax deed sales in Jacksonville to acquire properties for long term rentals. Have no experience in tax deeds but do have experience with rentals, flipping, and new construction. The MLS is depressing right now and it's tough to buy properties from wholesalers when I just don't think the value is right. Anybody have some words of advice on whether this is a good approach to finding buy and hold properties at a good value? Obviously this is a very general question about tax deeds but any feedback would be much appreciated.

[Mark Fries]

@Kevin Martin I buy tons of tax deeds & lands available for rentals in jacksonville. Crazy competitive right now...tax deeds are going for like 40k+ for dumps...and the lands available list has been picked apart during the last 60 days.. Tax deeds clears the liens, even IRS but requires a quiet title if you plan on resale. If you dont plan on resale then tax deed is fine...clears in 4 years on it's own.