If you’re new to the idea of purchasing properties with defaulted taxes, then you must research and learn as much as possible about tax deed investing, prior to making your very first purchase. Take note that not all tax deeds are good to buy or bid on. This is also true with any piece of real estate and you must be diligent in order to avoid a poor investment plan. Also, you need to check out which states conduct tax deed sales. Remember that there are do’s and don’ts to look out for.
Keep in mind that not all states allow tax deed investing. Some hold tax lien sales which is not the same with tax deeds. So, if you want to enjoy in this lucrative investment strategy, put in some homework in order to be successful.