It is important for you to have objectives and goals as a tax deed investor. We know that it is exciting to purchase properties just for the fraction of its market price. However, before making your very first property investment, it is a nice idea to ask these questions:
*Do you want to purchase a residential real estate or commercial?
*Do you want to use the property as your own or resell it?
*Do you want to purchase a vacant lot to build your home in it?
*Do you want to rent the property to others for a positive cash flow?
Think about the answers to these questions in order to formulate a long-term plan. Also, do a thorough research before investing.