Last Updated on February 19, 2025
Tax Deeds Selling Too High? Let me paint a picture for you:
- You put in all this work for the upcoming tax sale.
- You find the list.
- You organize all the data on your spreadsheet.
- You drive the properties and attend the sale.
And then the worst thing happens…
The properties you had your eye on at a tax deeds sale sell for far more than you expected. You leave the sale empty-handed, feeling discouraged and wondering what you could have done differently.
What Should You Do Now?
First, take a breath and relax. It’s normal to attend several tax sales without landing a property, especially when you’re starting out. Tax deed investing requires persistence. Some of the best deals happen after a few months of consistent effort.
Here’s an important insight: one property with a great profit margin can outweigh several months of missed opportunities. For example, we’ve attended multiple tax deeds sales in a row with no success, only to secure a deal later that made up for all the missed opportunities.
Learn from the Pros in Tax Deeds
What sets successful investors apart is their ability to stay focused and consistent. Here’s what you can do:
- Keep Showing Up: Attend tax deed sales regularly, even if you don’t bid. The experience you gain from observing will build your confidence.
- Refine Your Process: Review the steps you’re taking. Are you finding the best lists? Are you researching properties thoroughly? Are you setting realistic budgets?
- Focus on Growth: View each sale as a learning opportunity. Even if you don’t win a property, you’re gaining knowledge that will make you a better investor.
Action Steps Moving Forward
Don’t let what feels like failure discourage you. Use it as a stepping stone to improve. Stay consistent, put in weekly or even daily effort, and continue learning. Check out our YouTube channel for more videos packed with tips and insights to help you succeed in tax lien and tax deed investing, invest in training, and connect with experienced investors. The effort you invest now will pay off in the long run.
If this resonates with you, make a plan to attend your next tax sale armed with better strategies. Remember, persistence is key to success in this business.
-Dustin
