Florida Tax Lien auctions start in May

[Jerry K.]

The Florida Tax Lien auctions start in May. Many of the county auctions are online. They use ACH for a 10% deposit and you want to have that sent by the county deadline.

Here are the two main software providers for tax lien auctions in Florida. You want to have accounts open and review the rules and deadlines now so you don't get caught by surprise.

Grant Street Group Florida auctions

RealAuction Florida auctions

Here is my BP blog article on using Online tax lien auctions - The basics of what you have to do set up an account, how payment is made to the county, deposits, how auctions work online, etc.

[Wayne Brooks]

@Michael Lemieux @Tim L.

Just to be clear, you guys realize you'll just be lending money to the county, at your bid interest rate, not gaining any property rights, right? And in a couple of years you may have to spend two to four times your initial investment, to collect. Not that there's anything wrong with that.