There's a small filing fee and then an annual cost.  

Your projected annual Gross rental income, calculated with a reasonable 10% vacancy rate, is $19,440.

The U.S. offers much lower prices as a function of rent (a purchase price of less than 10 times annual rents in many metro areas).

The house is rent ready also.SP 109ktaxes  2.87  / 3100 a monthins 950  vacancy 7%rent 1200repairs annually 500   estimate20% down 4.9 int 30 yr.

One of them is rented on a 2-year lease (government employee, the Crown pays), the others are all good potential long term tenants ... with the exception of the Student house which is a annual lease with the potential to renew (which happens 50% of the time).

Bidding begins at 18% and the certificate is sold to the person bidding the LOWEST annual interest rate.Tax certificates that are not bid on at the tax sale are “struck to the county” at an interest rate of 18%.

You can put more down but it affects your pre-tax annual cash on cash returns off of your down payment.

List Price: $169,900 Rent:   2300 ( Priced a little below market rate)M/I              1000 Insurance      83PM                 230Maintenance  230Vacancy  230Repairs   230 Annual Taxes: $2,315 Projected cash flow 521House is in pretty good shape. 

Cal your one of the top guys in the field and I would like to know more of what you have learned in regards to tax deeds in Texas with your partner Mike Wolf.

Property number 1: estimated annual expense which includes taxes, insurance, trash utility, maintenance and vacancy is around 6,000.00Property rents for 1400 a month. 1400 x 12 months is 16,800. annual net income is: 16,800 - 6,000 = 10,800Purchase price of home was 70k with 20k rehab is 90k all in. 10,800/90,000 =  12% cap rateProperty 2 and 3 have a cap rate of 11%