Ramona, CA · Member since 2016 · 5 posts · 5 votes
Me and my wife are looking at a few properties in San Diego county where we live that are up for tax deed auction. Does anyone actually have experience with buying tax deeds sales San Diego? Is it for real? Or just a waste of time
Investor · Poway, CA · Member since 2015 · 7k+ posts · 8k+ votes
9y
San Diego RE auctions are very competitive. I have never purchased at one as the price typically seems too high for the risk. Being patient, I can usually find something that is a better value: either a good value MLS or possibly off market property.
I go to a few BP open houses in San Diego and know a few investors. It seems like MLS is the top source of San Diego RE investors whether flip or buy n hold. Just have to be patient for the property with profit potential and act fast when one is available. Also we are approaching what is typically the best time of year for purchasing. In fact we are looking at multiple properties currently when we have had 0 good values in our market niche since spring time.