What to Do If You Don’t Get a Property at a Tax Sale
Attending a tax sale and leaving empty-handed can feel disheartening. You might think, “Is this business even for me?“ or worry that you’ve failed before you’ve really started. But let me tell you, walking away without a property doesn’t mean the end of your investing journey.
Why It Happens
Josh and Cory recently attended a tax sale in Utah. The initial list showcasing 47 promising properties. Exciting, right? But as the sale progressed, that list quickly shrank to just a handful of options. If you’ve experienced something similar, you’re not alone. This is part of the process and a reality of tax sale investing.
How to Overcome the Setback?
Instead of letting the voice in your head tell you that you’re a failure, take a step back and reassess. Walking away without a property can be a smart move if the deals available don’t align with your strategy. Remember, it’s better to skip a bad deal than to invest in something that drains your resources.
Key Lessons from Today’s Tax Lien TV Episode
Josh and Cory share invaluable tips in this episode, including:
- Why properties often drop off the tax sale list: Understanding this helps manage your expectations.
- How to turn a missed opportunity into a learning moment: Use each sale to refine your approach.
- Staying motivated even when you leave without a win: Success in this business comes from persistence and patience.
Don’t let discouragement stop you from diving into the world of tax lien and deed investing. Watch the video above and equip yourself with strategies to combat self-doubt and keep pushing forward.
-Dustin
NOTE: Don’t let discouragement or the fear of failure hold you back from starting in this business. Every step, even setbacks, is a valuable learning experience on your path to success.
