All Forum Posts by: Jesse Anderson

I've done this a few times, I grew up in South Dakota and I would take a 9 hour drive to Woodbury county IA. 24% interest on each lien and only 2 years before you can start the foreclosure process. Plus it's not a "bidding" process. Unless they changed it, it's been 4 years since I moved to Texas, it was $50/person. Simple process, they do a rotational selection sale (http://en.wikipedia.org/wiki/Tax_sale). 

It was worth the trip for us, I convinced my dad and brother to do it. We invested over 30k in the one year we tried it (before I moved) and two years later we made gross a little of $9200. 

Might be worth the trip for you.