Updated almost 2 years ago on . Most recent reply
Bruce LynnPoster
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In 2012 Bill McMachen bought all 645 Macomb County, Michigan tax sale foreclosures
Bruce LynnPoster#2 Real Estate Agent Contributor
#2 Real Estate Agent Contributor
- Real Estate Broker
- Coppell, TX
For the dirt-cheap price of $4.9 million, McMachen bought all 645 tax-foreclosed properties in the county, including 403 residential properties in 2012. What did he do with all those? Did he make any money? Does he still have them or the land/lots? Spent $4.9million at the tax sale, so average $7600 per property.
https://www.huffpost.com/entry/bill-mcmachen-macomb-county_n_1739062
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Cliff hanger..... I thought the article you linked to would tell us how it turned out lol