How to Buy Florida Land for under $1,000.00

[Cl Jones]

Can you buy florida land for under $1,000.00??

Sure you can. The first thing you have to do is find out who is facing a tax deed sale.

(I will use Charlotte County, FL) You can find out who is delinquent by going to the tax collectors website.

(www.cctaxcol.com)

Go to the download section and search the tax deeds.

If a property owner is on this list, they have already had 2yrs to pay their property taxes.

I try to contact them when they are about 30 days away from the sale.

I then send them a postcard that says We Buy Unwanted Land with my information on it.

Once they call (and they do) I listen to their story (they always have a story) to determine which way to approach them.

They normally blame the county or taxes or whatever.

I then ask them do they know how much is owed (I already know) at that time I ask if they are just going to let the property go, will they give it to me?

( I have never had someone give me a property yet) After they tell me know I offer to give them something for their time to quitclaim the property to me. I find the most people don't even live in Florida) I'll offer them $100.00 just to to sign it over.

I'll offer to send a mobile notary to close the deal. I've had people tell me that 100 bucks was insane, but I have had return calls and ended up buying properties for 600.00 because the guy needed to get his car fixed.

I then faxed him a quitclaim deed and had a notary sign it and take it to the town clerks office for me for $60.00.

I immediately took the property which was located between two houses and asked both neighbors if they wanted to expand on their land.

I sold this property for $6500.00. A profit of $5900.00

I have proof of these transactions on youtube. I used a title company to close the deal with a quitclaim because the neighbor didn't care about it being a tax deed property.

You would normally need to get a quiet title done,(which is a big headache)

The title company handled the deal and took a small fee before sending my check fedex.

So you can buy properties for less than $1,000.00 if you know what you are doing.

I hope this helps someone. if you have any questions, I welcome your posts.

[Ibrahim Hughes]

George, did you go to CL's link to look at the properties that are up for tax deed sale? How about other counties? Why would you say that in "most cases" the properties are worthless if you haven't done the research?