What is a Tax Deed? According to Investopedia, a ‘Tax Deed’ is a legal document that grants ownership of a property to a government body when the property owner does not pay the taxes due on the property. A tax deed gives the government the authority to sell...
After repair value, AVR, is a concept that professional auction bidders use to set limits for auction properties they are interested in purchasing. How does AVR at a tax deed auction work? Its simple. There are three factors to the calculation. Market value, repair costs and auction...
We've been attending the Sacramento tax sale for the past 10 years. We've won bids and lost others. Here's what we've learned: Amateur investors bid based on emotion, professional investors won't play unless the numbers are right, spectators fill empty seats and prior owners are not...
The Sacramento Tax sale is right around the corner. If you end up purchasing a property, what can you do with it? Here are three ways to strategize what to do with the property? Sell it: If you purchased the property with the recommended 60% AVR, you are...
We've actually purchased a home at the Sacramento County Tax Sale. Here is our first experience. Please note that every purchase is different, but this our experience. First and foremost, we researched the properties we were interested in. We targeted homes in south Sacramento below Florin...
Purchasing a home is a big financial commitment. Purchasing an investment property is a big step in progressing towards financial freedom. Professionals and amateurs play in the same playground, but the professionals have the competitive advantage. Why? Professionals have the competitive advantage simply because they understand the markets,...
Investment properties are about generating positive cash flow. Cash flow properties have monthly costs associated with them that bring down their rates of return once in operation. So a common question we get asked is: How much return should I expect to return on a...
Research, research, research and some more research. Tax sales are all cash purchases that come with a lot of risk. You will need cash to make the purchase, so knowing that it will be risky, we are sharing our secret sauce tools in starting our...
