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Updated over 6 years ago on . Most recent reply

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17
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3
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Deepak P.
  • Investor
  • Chicago, MI
3
Votes |
17
Posts

Active in buying Trustee and Tax Sales in CA bay area?

Deepak P.
  • Investor
  • Chicago, MI
Posted

Hi there CA investors. Anyone on BP from the CA bay area that are actively involved in buying at the courthouse auctions or bidding in the annual county tax (deed) sales? Would love to get your thoughts on:

a) What are some useful online resources? eg: PropertyRadar helps?

b) Do you come across a lot of retail buyers driving bids higher? In other words, do you make money?

c) What/who do you use for title search?

Most Popular Reply

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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
62,913
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42,714
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied

Tax sales in the bay area are really tight anything that would go to tax sale is probably has little or no value.. We used to dominate the Lake co. tax sale buying 100 plus properties a year.. All land maybe one house.. SO cal out in the High desert has a huge tax sale. there is a company in Redwood city that buys that stuff and sells to Chinese he is a Chinese guy as well cant remember the company name but I ran into them at a realty 411 event a few years ago.. they make the Aussie spruiekers looks like little kids.

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JLH Capital Partners

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