Tax Deed Auction Part 1: When, Where and How to Find Deals at a Tax Deed Sale

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2020-10-19に共有
Full Blog Post: retipster.com/tax-deed-auction/?utm_source=youtube…
Tax Deed vs Tax Lien States: retipster.com/tax-liens-tax-deeds/?utm_source=yout…
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Tax Deed Auctions Part 1: When, Where, and How to Find Deals at a Tax Deed Sale -    • Tax Deed Auction Part 1: When, Where ...   (YOU ARE HERE!)
Tax Deed Auctions Part 2: Live Bidding War and the Aftermath
Tax Deed Auctions Part 3: Finding the Right Tax Deed Properties to Bid On -    • Tax Deed Auction Part 3: Finding the ...  
Tax Deed Auction Part 4: I Bid on 50+ Tax Deed Properties. Here's What Happened -    • Tax Deed Auction Part 4: I Bid on 50+...  

If you've ever wondered how a tax deed auction works, I will show you exactly how get started in this video.

Tax deed sales present some unique investment opportunities, but in my experience, they're not as easy to find as you think. You need to find the right property, understand its worth, and determine if there's enough "meat on the bone" to provide a solid profit margin based on the minimum bid amount.

I'll show you how to get started if you want to try your hand at tax deed investing.

0:00 - Intro
0:47 - What is a tax deed auction?
1:32 - The opportunity and the competition
2:21 - The biggest drawback of tax deed auctions
2:49 - Why Michigan, of all places?
3:09 - Understanding whether you’re in a tax deed or tax lien state
4:31 - Knowing what time of year the tax sale happens
4:49 - Getting registered and approved to bid on properties
6:06 - How do tax deed sales affect the property’s title?
6:29 -    • What is a Quiet Title Action?  
8:53 - Filtering out the best properties
10:30 - How to decide which properties to pursue
11:04 - Deciding how much to bid on each property
11:29 - Property #1: Basic, high-level, “at a glance” due diligence
11:50 - Using DataTree: retipster.com/datatree (we earn a small commission for every sale that is referred through this link, and it will save you some money if you go through this link instead of the normal DataTree website)
14:25 - Property #2: Basic, high-level, “at a glance” due diligence
16:14 - Property #3: Basic, high-level, “at a glance” due diligence
16:44 - Property #4: Basic, high-level, “at a glance” due diligence
18:32 - When should you start bidding? Before or during the live auction?
19:11 - How to find, review and bid on each property
21:31 - How bidding works
23:16 - Taking notice of potential due diligence issues
24:48 - What to expect when the auction goes live (next video)

What is a Quiet Title Action?    • What is a Quiet Title Action?  

The website I use for a lot of my property research is DataTree. Here's our affiliate link, where you can get a discount on the service: retipster.com/datatree (we earn a small commission for every sale that is referred through this link, and it will save you some money if you go through this link instead of the normal DataTree website)

Want to learn how to find MUCH better deals on vacant land properties? Check out the Land Investing Masterclass: landinvestingmasterclass.com/?utm_source=youtube&u…

Check out The Beginner's Deal Finding Guide: dealfindingguide.com/?utm_source=youtube&utm_medium=social&utm_campaign=dfg&utm_content=iVXMe_0mma4

コメント (21)
  • Thank you for making this video. I've noticed the same thing.
  • @dluuc
    I'm surprised there are so few comments. your video was helpful for me. teachable-- step by step, with clear logic.
  • @Alexedmartin.
    To obtain financial freedom, one must be either a business owner, an investor, or both, generating passive income, particularly on a monthly basis." - Robert Kiyosaki. I wasnt financial free until my 40’s and I’m still in my 40’s, bought my second house already, earn on a monthly through passive income and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing is a grand choice I made
  • I did land investing like 15 years ago for a little bit and I'm trying to relearn how I went about it
  • @She7Dayli
    thank you soooo much for this video!!!!!!
  • I’ve never learned so much in 25 minutes 🙌🏾
  • Great video bud. So with all the buds together is that the total amount you actually have available to invest?
  • @bbrown6925
    curious how do you find the parcel ID and information, such as whether the house is going up for auction has a lean or anything? I saw in one of your comments under this video that you guys dont talk about Delaware frequently. If i we're to purchase your tax advice program, would you be able to help me in that state ?
  • Excellent video, very helpful and greatly appreciated by someone like myself who is starting to get into this type of real estate investing.
  • I have been having trouble getting info on where to get into a Tax Deed Auction here in my home town of Abilene Tx. Also known as Taylor County. Can you help
  • I been trying to find the Houston area registration site
  • Did this video on a channel about supporting people in tax deed investing that basically fat chance at actually doing it?
  • @Alyboy81
    I'm really interested to get back in this real estate world but I really wants to lands deal to eliminate all the hustle when it to house. So my question to you would be what's the big difference between tax deed at the auction or OTC compare to sending blind letters to acquire the land and wholesale it? Which one you think is a lot effective for beginners? I want to make the right decision to start this time. @REtipster