tax sales turkeys - Posted by pappyjoshwe
Posted by pappyjoshwe on January 13, 2001 at 16:54:44:
I have been attending the local county tax sales for a few months. Been doing a little research on the appraised values of the properties up for auctions. You know, this must be a needle in a haystack type of deal, as most of the properties that I have seen or either too small to be useful (for residential purposes) or the taxes owed are just a little less than what the property is appraised for. I am not being negative, just trying to be realistic about making a profit. Seems to me, unless you know for darn sure you can make a profit BEFOREHAND, then you might as well not waste your time, because you could get stuck with a turkey. Anybody had consistent success in this area, I would like to hear from you.