Taking a Tax Lien to a Tax Deed

Tax lien and tax deed investing is all about due diligence and preparation. If you've owned a tax lien and it's close to the end of its redemption period, you'll want to follow my checklist before you receive a Tax deed. I want to quantify those unknowns early in the process so that I'm not sinking money into a tax deed property because I'm taking the wrong approach.  You have lots of options--you can sell the property as-is, make repairs, lease it, workout a settlement with the former owners, even walk away completely.  Make an initial call on what you want to do early, you can always change it later as you find more information. You'l increase your profits and minimize wasting your money.