Houston Texas Tax Deed?

[Willie Francis]

Is there anyone in the Houston area that invest in tax deed properties if so can you tell me the process to get started. BTW I’ll be going in with 30k in cash just wondering will that be enough to win a bid at a Auction thanks

[Sam Craven]

tax deeds are not for the newbie.  We have a 6mo to 2 year redemption period on our tax sale properties and they only need a utility bill from before the foreclosure to redeem in that 2 year time period.  

The tax lein also does not remove any other loans on the property.  So get a good title team but most will not pull that many reports unless you are a volume buyer.

Best advice I have for you Willie is to take that $30k and go find yourself a $150k ARV flip and make money the easier route.