Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax Liens & Mortgage Notes
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago,

User Stats

14
Posts
5
Votes
DL Coker
  • New to Real Estate
  • Bethesda, MD
5
Votes |
14
Posts

Tax Sale Auction is done - what now?

DL Coker
  • New to Real Estate
  • Bethesda, MD
Posted

Hi fellow BP community,

For the tax lien/ tax deed investors out there, I'm curious to know, what do you focus on once the tax sale season is over? I participated in my first tax sale auction in Baltimore City this summer - I didn't get anything but I learned a lot and I plan to bid with more purpose and seriousness when it comes round next year. But that's a while away, so I'm wondering what do those of you who invest in this RE asset class do when the tax sale season is over? Are you simply busy dealing with redemptions, title clearing, foreclosures, etc. from the lien certificates you won? Do you focus on another kind of real estate strategy while waiting for next year's tax sale auctions to come around? Do you focus on OTC sales is various locations all year around?

I'm currently reading the Bidding to Buy book by Aaron Amuchastegui and David Osborn and I'm thinking that foreclosures might be something I could focus on, pending my next foray into a tax sale auction. Plus, there is a bit of overlap with tax lien investing, so that can't be bad, can it?

I just kind of want to keep my momentum going after my first (albeit unsuccessful) tax sale experience. I'm interested to know what your journey was and what advice you can offer, if any.

Loading replies...