: He didn't just bid blindly. He downloaded the auction list and spent hours on Zillow and county GIS sites verifying property values . He even drove past a few properties to ensure he wasn't bidding on a empty lot or a strip of sidewalk .
: About 98% of owners redeem their liens , meaning you get your money plus interest. If they don't, you may eventually be able to foreclose and take ownership. Critical Risks to Watch buy tax liens online
: Successful investors create a "maximum bid sheet" to track parcel numbers, assessed values, and estimated repair costs. Bidding Styles : : He didn't just bid blindly
: Investors bid a cash amount above the tax debt; the highest bidder wins. : About 98% of owners redeem their liens
: Large institutional investors often use automated software to bid interest rates down to 0.25% or 0%, making it hard for individuals to find high yields.
Mark, a careful investor, decided to move beyond low-interest savings accounts. After hearing about tax lien investing, he registered for an online auction in a neighboring county.
: You might win a lien on a property that is environmentally contaminated or landlocked.