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Updated over 7 years ago on . Most recent reply

User Stats

17
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6
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Dean Miller
  • Investor
  • Jefferson, GA
6
Votes |
17
Posts

Tax Deed Investing Education

Dean Miller
  • Investor
  • Jefferson, GA
Posted

I'm in the process of expanding my REI education in the areas of Tax Deed and Tax Lien investing and I'm looking for some good education sources out there that will provide value that will set me up for success in this area of REI. The areas I'm investing in is in Georgia on the NE side of Atlanta in the counties of Gwinnett, Barrow, Walton, Hall and Jackson. If anyone here could provide any recommendations or point me in the right direction I would greatly appreciate it.

Most Popular Reply

User Stats

380
Posts
211
Votes
Roy Oliphant
  • Rockwall, TX
211
Votes |
380
Posts
Roy Oliphant
  • Rockwall, TX
Replied

Here's my point: If you pay 75% of retail on a property you cannot visit before the sale and cannot control after the sale (i.e., the current occupants have at least one year to use, abuse and destroy the place) then you count the cost of your money, for the 18 months or so it takes to get possession, you are at about 95% of retail before repairs.  Still, we believe there are good properties available and deals to be found.  Just understand you need to do your due diligence considering the redemption period when someone else is in control of the property you have already paid for.

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