- redcakeParticipant@redcakeJoin Date: 2010Post Count: 2
Is anybody still investing in American property tax liens?Steve McKnightKeymaster@stevemcknightJoin Date: 2001Post Count: 1,763
Not me mate. I hopped out a fews ago when the ones I bought were redeemed, or became ‘stale’ as they were not worth redeeming / enforcing.
Would I do it again? Probably not from afar without some presence on the ground to keep an eye on things.
Also, with investment yields on the way down as investors chase return, tax liens have been popular, so the risk/return balance as reset.
Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
Success comes from doing things differentlyHomeBuyerLouisianaParticipant@homebuyerlouisianaJoin Date: 2020Post Count: 17
I don’t buy tax liens but buy a lot of houses where investors have bought the tax liens. I will buy it before the investor can take title and they get paid out their investment and interest at closing. It is a good buying strategy as you help the owner get some equity from the house but also get it at a price that leaves some for you to.
HomeBuyerLouisiana | Home Buyer Louisiana
Aussie entrepreneur investing in New Orleans houses