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Updated over 1 year ago on . Most recent reply

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Greg Taylor
  • Saint Petersburg, FL
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Most Popular Reply

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3,532
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David Krulac#5 General Real Estate Investing Contributor
  • Mechanicsburg, PA
2,654
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David Krulac#5 General Real Estate Investing Contributor
  • Mechanicsburg, PA
Replied

William Bannister is absolutely correct.

Here's some examples of tax sale properties that I've seen:

bottom of man-made lake

side of cliff 50 feet tall

Army bombing range

Expired land lease for river front cottage totalled by flood 30 years ago

Expired lease for TV tower pre-cable, that was already removed from property

Land only with building owned by another party who had pre-paid their lease for 30 years, so if you bought you would start collecting rent in 3 decades.

super fund toxic waste site

Abandoned gas station with leaking under ground tanks

Abandoned steel mill

house with only 3 walls as the rear wall collasped into back yard

house on city demolistion list

Strip of land 2 feet wide, left over from road widening project

Landlocked residual land from highway project

Abandoned Quarry

Abandoned junk yard, various colored ground stains from antifreeze, gasoline, oil, automitive fluids and metal parts.

Slag pile

Chromnium factory

Abandoned building filled with 55 gallon drums of unknown liquids

Ravines

Wetlands

Flood ways

Drainage ditches

Site with endangered species

Garbage dump

Have a nice day!

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