Last Updated on March 11, 2015
Land is one of the most overlooked assets at tax deed auctions, yet it holds incredible potential for investors. If you’re looking to buy tax deeds, focusing on land can offer unique advantages.
Why? Because hardly anyone bids on land, meaning you can often pick it up at the opening bid with no competition.
Why Land is a Smart Choice
Unimproved lots—parcels without a house—are typically much cheaper to acquire because taxes are lower. These are often forgotten properties bought 20-30 years ago, left untouched, and eventually abandoned. Owners sometimes forget about them or fail to keep up with taxes due to life circumstances like divorce or inheritance issues. Buying tax deeds for such land can be a smart investment move.
The Potential of Tax Deed Land
At auctions, it’s not unheard of for lots to sell for as little as $20. Imagine buying multiple parcels at minimal cost and leveraging their potential for resale or long-term investment. These properties, once lost in transition, can be your ticket to significant profits. So, consider tax deeds as a wise investment option.
What’s Next?
Ask yourself this: How many pieces of land do I want to buy in the next 6 months for under $100? The answer should be: “As many as I can get my hands on!”
Start exploring the opportunities to buy tax deeds and add valuable properties to your portfolio.
Buy Tax Deeds with this Key Steps
- Research: Always review county-specific rules before bidding.
- Inspect the Property: Whenever possible, inspect the land in person or use tools like Google Earth.
- Plan for the Long Term: Land offers opportunities for resale, development, or simply holding for future appreciation.
If you have any questions, share your thoughts in the comments, or reach out to our fantastic support team. Don’t miss out on these hidden gems in tax deed investing!
- Dustin
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