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TOTB -Consider tax sales to get a foot in the door.

Skimming Govdeals for the 1st time in forever & saw they have over 1900 listings for tax sale properties in CO, PA, OH, MD & others; the majority of these are undeveloped land. I've bought several through Govdeals, it's as easy as going through a county sale.

Now, I know undeveloped land doesn't make you think 'Yeah, that's a roof over my family's head'; but I've sold 4 undeveloped Tax Sale lots in SC over the years & realized nice profits that went toward paying off my Primary Residence.

They're not always a steal & like any real estate purchase you must do your research on the county websites plus the retail side of it to confirm demand.

I see posts here almost every day from folks who don't know how they're going to break in to real estate & they really feel it's their only chance to create generational wealth; this can be a way to start & build up.

As the old chestnut goes, 'They're not making more land!'. They are, of course, but not on a large enough scale to make things easier for anyone who's not already rich. Or Dutch.

submitted by /u/Havin_A_Holler
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source https://www.reddit.com/r/RealEstate/comments/15w3tk9/totb_consider_tax_sales_to_get_a_foot_in_the_door/
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