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Updated about 9 years ago on . Most recent reply
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Tax Liens in Renville County , MN
Has anyone every deal with Renville County (MN) assessor office regarding tax liens or tax deeds?
Been waiting on there response to my calls and emails.
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@Don EnriqueI've never bought a Tax Lien. However, I once bought my dad a tax lien book and he did some investing in Iowa with Tax Liens. I say this because it was also hick town like Renville County. He bought a tax lien. Never got paid on the taxes so he got the house instead. He kept the house as a rental for a period of time. I suspect he made his initial investment back in a few months rent. The house was worth around $35k
Weird part of the story. Dad died, mom received keys in the mail from tenant. We went down to Iowa and found the house full of mold because of a water leak. Thank God the insurance policy did not exclude mold/water damage. My mom got paid out about $30k and sold the lot for about $5k.
Maybe you know a lot about Tax Liens. I just wanted to point out that my mom and dad made more than $30k on an investment of less than $1k. This was in Fort Dodge Iowa. Literally one of the most depressing towns I've ever gone to
My $.02 FWIW.