Forget investing at the tax sale.
If you spend one more second dealing with the fierce competition to buy tax deed homes, you're wasting your time.
Tax sale investing is inefficient, risky, and takes too long.
But you're on the right track-- there's just a secret you haven't discovered yet, and it lies in the auction itself.
What do you think happens to the owners of tax deed homes when they move on? Well, the first thing is, they lose contact with the government.
How many owners do you think take the time to go update their information down at the county office before they move on to another property? Zip.
Zero.
They are often very difficult to find without some advanced skiptracing.
So what does this mean to you? Well, nothing, unless you want to find them and make a boatload of money.
What most investors in tax deed homes don't realize is that when a property ends up with a bid over the amount of taxes due at tax sale, in many states, that sum of money is held in trust for the original owner.
At any time within a few years (it varies state to state), that owner can come in and claim that money, simple as filling out a form in many cases.
But they've moved on, and don't receive notice from the government that they have that money.
That's where you come in.
If you can connect these owners with the money they don't know they have coming to them, you're providing an extremely valuable service-- one that generates five-figure paychecks for you on a regular basis.
How often can you get that from tax deed homes-- risk-free, with a turnaround time, on average, of two months? The reason you're able to do this is that these, and specific other funds as well, generally fall outside of the finder's fee caps that most states have on "unclaimed funds"-- at least, for some period of time.
Sometimes a year, sometimes five, but almost always long enough that the owner is in the dark, and you have time to find them.