Tax deed that we paid 49k for is on contract to sell for 390k now

[Carolyn Morales]

We paid 49k for this OTC tax deed parcel and its on contract to sell for 390k now. We bought it 4 years ago on a main drag road and held it on purpose for the growth that was coming; The growth is here now massively!

The same buyer bought the 10 acres next door for 1.38 million. He wanted ours and the one on the other side of us to the corner also. They are rezoning to PUD RMD 104 to 247 units on all 13 dry mostly clear and improved acres with 1580 ft frontage & city water on the street and city water & sewer across the street. We close within 270 days.

Unflipping believable., over 500% ROI! I would post proof with links but I am not sure posts are allowed to have links in them.

[Ed Tamayo]

Originally posted by @Carolyn Morales:

@Ed Mayo What States are you working tax deeds in? I only do Florida so far but it has been massively profitable!

I mostly work in Georgia.   I have made purchases in  Tennessee and South Carolina but Georgia works out much better for me.