Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Florida Real Estate Q&A Discussion Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago,

User Stats

9
Posts
1
Votes
Don Thornton
1
Votes |
9
Posts

Buying tax deeds 'Over The Counter' for rehab into rentals

Don Thornton
Posted

Looking for opinions on buying tax liens over the counter in Florida. Spoke to a guy who said he's been doing it in FL for 20 years, and always finds some deeds worth buying and rehabbing into rentals. 

Question: Does this sound correct? That there are still some decent deeds that were not purchased at auction that are worthy of purchase for rehab? He says he typically pays around $12k and then puts in some money for rehab (up to around $10k). He always buys in the same county but he says there are many many counties where this is true. He also said you could buy over the counter year-round. He pulled up a county list on his phone with about 100 or so listings. I asked him to estimate the percentage of buyable deeds on a typical list and he estimated between 5 - 10% are buyable for this purpose. 

Would anyone concur with this estimate? Any comments? I live in Nevada but am interested in Florida. Thanks!