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Updated over 8 years ago on . Most recent reply
Looking for tax lien opportunities "on the cheap"
Hello. BP community, I'm new to this and RE investing in general and looking to start out with tax liens. While I understand the basic principles, processes, and benefits and have done some research, I'm really interested in your stories, strategies, and advice on choosing the right places to look, what to zero in on etc, beyond the "pick a county... dive in... the state with the best % ROI.... it depends...." etc
I know that "on the cheap" sounds like a loaded term, (just like "best bang for your buck") and is relative to the amount of resources, risk willing to take, and effort...(i.e I'm willing to do the work and troll lists if necessary.....) and I'm aware that personal preferences and goals are ultimate determinants, but I'm just curious to hear perspectives on the "where" & "why" from a practical sense in choosing a state (tax lien), area, location, type of asset, etc and what constitutes the best (ideal) win-win situation in terms of time, money and effort spent in those cases. THX
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@Deborah Hardin those are the numbers my Dad did in the 60's and 70s.. we bought lots for 50 to 200 bucks and sold them for 2000 to 10000.. mostly on contract... in those days though we could buy 250 or so at one sale. 100k went a long way LOL... Oh the land game brings back fond memories
- Jay Hinrichs
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