Questions about how to hire an agent to bid you at a tax lien/deed sale

[Melissa B.]

Hello,

I'm looking at tax lien investing, and have been looking at areas where it's frequently less competitive. However, some of these auctions are live, in-person only. I don't have much to begin with, let alone the extra to fly over 3,000 miles to attend some of these auctions.

Assuming you don't know anyone in the state, in which, the sale occurs, who do you trust to hire as an agent to bid on your behalf at a tax auction? What is the minimum threshold that such an individual or professional would accept to attend a live, 3-4 hour sale? What are some due diligence items that might be included in a contract with such an individual or representative?

Any feedback or advice into this matter would be much appreciated.

Sincerely,

Melissa

[Corby Goade]

I'd call some investor friendly realtors and have that conversation with them. If you are just begining your journey, you have to be careful about stepping over dollars to pick up dimes. I'm not saying you should haphazardly spend money, but when you start looking for the "cheapest" option every step of the way, you'll find that the cheapest option is typically the most expensive. 

Best of luck!