New Lien Auction Changes in AL tax sales

[Ashley G.]

Now that we are switching to tax lien auctions how do you guys feel about the changes ?

How do you think it will effect your business?

What are some new strategies you're trying out?

Answer as many or little as you want I'm just curious for other investor opinions on the new tax auctions in Alabama

[Will Sifert]

Quote from @Stephanie Barnes:

Quote from @Ashley G.:

Quote from @Stephanie Barnes:

I'm new to tax property investing but in my opinion it depends on your end goal, redemption return or the property itself. I personally prefer the new lien sales....but again that is based upon my small amount of experience. 

What is it about the new liens that you like? 

 You only pay the amount of taxes and fees owed and not an excessive overbid amount. You don't have hundreds or thousands of $$ potentially locked up unnecessarily for 3-6 yrs.

 You also have to bid 0% interest to win most liens and therefor make no money when they redeem.