Anyone else old enough to remember Flipper? Smartest dolphin on TV, always swimming in to save the day. Today’s flippers aren’t having the same luck. I just got back from an industry event, and the mood among flippers was very different from a couple of years ago. Almost everyone I talked to has ...
Here's a way to lose money at a tax sale that never shows up on anybody's lien checklist: you win the land, and somebody else still owns the house sitting on it. A manufactured or mobile home starts life as personal property. It carries its own title, the same way a car does — issued by the state...
Palm Beach Oct 14 and Miami-Dade Oct 15: recheck the list before you bid Before you underwrite next week's South Florida tax-deed sales, pull the county preview again this morning. Lots keep redeeming until the winning bid is paid. Palm Beach County, Wed Oct 14 (clerk online auction preview as of...
For those investing in mortgage notes, what factors do you consider most important when evaluating a potential deal? Beyond the purchase price, how do you weigh things like the borrower’s payment history, property value, equity position, interest rate, remaining balance, loan-to-value ratio, and ...
The phone call that saved this deal went to the wrong person. We needed to find the man whose old liens were sitting on our lots. I called the number I had for him. It was his wife’s. That call got us a $1,500 quitclaim covering 40 lots. Then came a quiet title, and lots we could actually sell. W...
For those who've closed on tax delinquent properties, was the extra legwork worth it compared to a normal MLS or off-market deal? Curious what surprised you most.
I bought a house at our local county steps on Tuesday that the county has assessed at $550,000 (which I think is probably low) and I paid $66,000 for it! There was no mortgage on it either. What in the world would make someone walk away from almost $600,000 in equity? He isn't dead. He talked to ...
Miami-Dade's Oct 15 tax deed sale listed 15 cases. As of Oct 7, 10 show as redeemed, 1 was canceled per bankruptcy, and 4 are still scheduled: two Sunny Isles Beach condos (2026A00220, 2026A00227), a downtown Miami condo (2026A00258), and a vacant commercial piece on S Bayshore Dr with no site ad...
I've been pulling the public Palm Beach County tax deed auction pages to see what actually makes it to sale. For the Sept 16 sale I captured 49 listed lots. Final status: 40 Redeemed, 5 Sold, 3 Canceled per County, 1 Bidder Walked Away. The Oct 14 sale is trending the same way. As of Oct 1, 55 of...
In 2019 my company, Anderson Realty Group, bought a house in Jefferson County from the State. The owner had stopped paying taxes in 2015 after a fire gutted it, and the State picked it up at the 2016 tax sale. When we got it, it was uninhabitable. We put $88,812 into it — framing, roof, wiring, p...
I'm in Coral Springs and have been reading through the Broward tax deed list for the October 26 sale. One that caught my eye: 4210 SW 20 St, Fort Lauderdale 33317 (folio 504113-04-0670), a 1958 3/3 single-family. Opening bid on the county listing was $33,771, and the 2026 county just value is $53...
Watching two CT tax sales this month, Bethel Aug 5 and Stafford Aug 11, and they're a good reminder that the winning bid is the easy part. What kills people is what survives the deed. CT municipal tax sales run under CGS 12-157. Sale extinguishes most junior encumbrances after the six-month redem...
i have been very fortunate during my career to have been able to acquire and dispose of what i would consider a decent amount of mortgage notes. many of those that we invested in were non-performing loans and while i like to say we believe we have pretty much seen everything, we know that is not ...
The Commissioner of State Lands auctions Fulton County, Arkansas on September 17. One line in the catalog looks like the deal of the year: Sale #9313, 3.65 acres, $3,048.15 owed. The county's own property card puts market value at $149,450 — two homes, decks, porches, outbuildings. The owners of ...
Hello everyone! I am planning on buying a 3 bed 1 bath house from a tax lien/sheriffs sale and I was just wondering if anyone had and tips I should know about before going through with this? I understand I will need to have the cash readily available and pretty much all you get to look at is the ...
If you own a mortgage note, do you view it as a long-term investment that you plan to hold until maturity, or would you consider selling it if the right opportunity came along? What would influence your decision most—your current cash flow, the remaining term of the note, your need for liquidity,...
Hi guys, I'm Chris and I'm excited to join BiggerPockets. I invest in and educate on Tax liens and deeds. I'm happy to contribute to conversations related to this topic. :)
For those currently holding mortgage or real estate notes, what would make you consider selling rather than continuing to collect monthly payments? Would your decision be influenced more by the offer price, access to immediate capital, portfolio diversification, or simply wanting to move on from ...
Had a interesting story last week That I would like to share with the BiggerPockets audience we had a 2 unit duplex I was about to close that week title was clear Everything Looked pretty fine and then at the final review ( This was a cash deal, needed some renovations, and I plan to refinance it...
Hi everyone, I’ve been spending more time looking at tax deed and foreclosure auctions, and one thing that always worries me is making sure I’m not missing something during due diligence. Before bidding on a property, I usually try to check as much as possible, such as: unpaid property taxes lien...
Not everything online works the way you think it might. While I expect the bids might be higher and more profitable for the taxing entities, sometimes having lots of out of state investor owners does not do well for the property maintenance and upkeep. Guess they have now figured that out and rev...
The legislation establishes a six-year pilot program in which the county purchases delinquent tax debts itself. After six additional tax sales (anticipated through 2030), private tax buyers would no longer participate in Cook County's annual tax sales under the current model. This just sounds lik...
Need an reference for a good attorney, in the Pinellas County, FL, to file a suit and get an uncontested judgment for me. It's for a note owed to me from a property that was flooded and went down in value. I don't believe the creditor will fight it. Thanks, Steve
With Hennepin vs. Tyler settling what happens to tax deed auction overages, the State of Oregon is changing how some properties are sold to the public. Previously, all properties went to a tax sale and were sold to the highest bidder. Now that counties can no longer hold on to the overbid amounts...
Let's say I acquire a house in Arizona through foreclosure of a tax lien certificate. Let's say the foreclosure was on the deadbeat homeowner who was served in person, and on a private deed of trust holder who was served by publication. There is always the risk that the foreclosed deed of trust o...