6 Questions on tax lien investing

[Yehoshua S.]

How do i find good markets for tax deed investing?

How do i find where to start?

Can they really be done online from "the comfort of your own home" like they all say out there?

Which states allow that?

How do i properly research the properties remotely?

What is a realistic ROI for tax deed investing?

[Ned Carey]

1) ask here we have many people who invest in tax deeds. 

2) read the 16% solution very general but will give you the idea. (so I have heard I have never read it myself.) also read here. A lot has been written about tax lien and tax deed investing. Lastly read the county website that are holding the auctions. 

3) Yes if you want mediocre returns and are willing to accept the risk. I don't.   I drive and visually inspect well over 1000 properties per year. 

4) Lots of states and counties, probably most at this point, do them online. I don't know them all and too may to mention

5) Here is the problem. You can't effectively. Even if the area has Google street view you don't know the condition of the property today. Has it burned down and Google has a picture of a beautiful home? You can do a lot of internet research but you still have to remember there is a risk to evaluating properties and neighborhoods from afar.  I laugh at some of the bids I see from out of state bidders. I bet some of them would be afraid to get out of the car if they actually drove some of the neighborhoods they are bidding in. 

6) I can't speak for tax deeds but it depends on the property and your bid. I can tell you that interest rates get bid down to as little as 2% in Maryland tax sales.