Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Tax Liens & Mortgage Notes
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago on . Most recent reply

User Stats

6
Posts
1
Votes
Dmitriy Pukhov
  • Real Estate Agent
  • Malden, MA
1
Votes |
6
Posts

Anyone ever done tax deed investing in MA?

Dmitriy Pukhov
  • Real Estate Agent
  • Malden, MA
Posted

I've read a lot about tax lien / tax deed investing, and what really surprises me is that I couldn't find / never heard of anyone in Boston area who has ever invested in tax deeds in real life.

I can see a couple reasons for that, but for now I was wondering if anyone has ever done any of that in real life in MA.

Any input is much appreciated.

Most Popular Reply

User Stats

3,269
Posts
2,367
Votes
Ann Bellamy
  • Lender
  • Tyngsboro, MA
2,367
Votes |
3,269
Posts
Ann Bellamy
  • Lender
  • Tyngsboro, MA
Replied

I have.  2 1/2 years ago we bought a portfolio of 19 liens.  of that, we acquired one property, which the judge gave back to the homeowner even after we had gotten a judgement and passed the redemption period.  3 more are still in the legal system, with one of those on a 5 year payment plan because the homeowner is in bk.  

My feedback overall is that it's not worth the time and paperwork.   When I calculated out the estimated return, it was no where near expectations.   Others feel differently, but those who are successful IMHO do it full time.  For me it is a sideline to rental property and lending, so is not worth the effort.  

Loading replies...