When it comes to tax deed land, one rule stands out: Do NOT buy land you haven’t seen. It’s as simple as that. Be VERY Careful When Buying Tax Deed Land.
In today’s episode of Tax Lien TV, Josh and Cory share an eye-opening story from their recent auction trip. They witnessed parcels of land being bid up to astonishing prices—only for those buyers to discover later that the locations were entirely unsuitable for profitable investing.
This scenario highlights why you must be VERY careful when buying tax deed land. Skipping due diligence can lead to costly mistakes and wasted opportunities.
Josh and Cory emphasize the importance of thoroughly researching each parcel before attending an auction. Here are three essential steps to protect your investment:
Josh and Cory also share some insider tips toward the end of the episode, providing invaluable advice for navigating the unpredictable world of tax deed auctions. These practical insights will help you avoid overpaying and ensure your bids align with profitable strategies.
Don’t make the same mistake as those buyers who rushed into the bidding without proper research. Be VERY careful when buying tax deed land. Watch today’s episode of Tax Lien TV to learn how to approach tax deed investing with confidence and caution.
– Dustin
PS: Curious to learn more? Explore our guide to tax deed research for a step-by-step walkthrough.
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