Buying tax deeds to invest in real estate at a deep discount

Hack Your Wealth

#71: Tax deed auctions provide an opportunity to buy tax-delinquent properties at a discount, wipe away existing liens and mortgages, and earn sizable profits in the process.

This week, I invited my friend Phil Kessler back to the podcast to teach us how this unique type of real estate investing works.

If you’ve ever wondered how tax deed auctions work, how to win them, and how to due diligence this type of real estate, then don’t miss this insight-packed episode.

What you’ll learn:

• How tax deed investing differs from tax lien investing
• How tax deed auctions work, how they differ from other foreclosure auctions
• The most important things to due diligence when it comes to tax deed properties, and how to due diligence them
• The most helpful online tools for property due diligence
• How to buy tax delinquent properties BEFORE they go to auction (and avoid competing against scores of other bidders)
• How redemption periods work, and which states have them
• How a quiet title lawsuit works, how much it costs, and what happens if a title dispute arises
• How tax deed auctions affect existing mortgages and liens, and how to verify the rules in your state

Check it out here:

https://hackyourwealth.com/tax-deed-investing
Have you ever bid in a real estate auction? What was your experience? What other questions do you have about tax deed investing that weren’t covered here? Let me know by leaving a comment.

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Links mentioned in this episode:

• propertyonion.com
• The Deed Feed
• Velocity REOs
• RealAuction.com
• Grant Street Group
• CivicSource
• AAR Auction
• GovEase
• How tax lien investing works and how to buy tax lien certificates (HYW066)
• Real estate investing through house auctions and hard money lending with Ethan Gao (HYW032)
• Schedule a private 1:1 consultation with me
• HYW private Facebook community

Intro/Outro: Old Bossa by Twin Musicom.