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 about 4 years ago on . Most recent reply

User Stats

10
Posts
3
Votes
Josh Todd
  • AL
3
Votes |
10
Posts

Are tax lien homes a good investment. All opinions welcomed

Josh Todd
  • AL
Posted

My agents have edging me to look into tax liens. I personally don’t know to much except you just pay off the taxes the recent owner couldn’t. Do anybody have any stories or advice on how to deal with tax lien properties?

Most Popular Reply

User Stats

12,611
Posts
15,400
Votes
John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
15,400
Votes |
12,611
Posts
John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
Replied

I am originally from Alabama. This is not a good state to buy liens if you want to get houses that you can rent. It takes 3 years or longer and additional work get a property in Alabama because they can sell a new lien for 3 consecutive years.

My state of SC, I can buy a lien and after the 12 month redemption period is up I get a deed in the mail with no additional effort on my part.

Tax liens have become increasingly competitive with more and more investors dumping large sums of cash into the auctions.

  • John Underwood
  • Loading replies...