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Updated over 4 years ago on . Most recent reply

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Wil Reichard
  • Rental Property Investor
  • Greenville, SC
178
Votes |
185
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Anyone invest in Tax Liens in South Carolina?

Wil Reichard
  • Rental Property Investor
  • Greenville, SC
Posted

I would love if you guys could share your walk through of how your tax liens play out. Let me hear the stories with success and failures. 

Most Popular Reply

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John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
14,946
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12,333
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John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
Replied

I've been buying tax liens for over 10 years. I get to 5 houses per year typically. I get an average of 9 to 10% interest on the ones that get redeemed. It's a numbers game, but as many liens for as little as possible to increase your odds of getting more houses.

If you do your research and only bid on houses you have seen then it's hard to loose.

This is a great state that only has a 12 month redemption period and can pay up to 12% interest.

  • John Underwood
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