Top Real Estate Investing Strategies: Selling Vacant Tax Deed Land

You don’t need to buy tax lien homes in order to invest and make money in real estate. You can also buy tax deeds to vacant land and either keep for your own use or sell for a profit.

When a property owner defaults on their taxes, the government imposes a lien against the property. The lien is held for a certain amount of time and then the certificate is offered to investors at live or online tax lien auctions.

Property owners are given an opportunity to redeem their certificates at interest rates of up to 50%, depending on the state. Tax Deed states cut out part of the process and go straight to the deed sale. Since tax liens on vacant land are less likely to be redeemed, your chances of owning a parcel of land are more probable.

Unless you have a plan for the vacant land, it’s best to consider selling as soon as possible. To whom, you might wonder?

Low Hanging Fruit

Neighboring land owners are the most feasible buyers. They stand to increase their acreage with the purchase of adjacent parcels of land. Contact them first with a time-sensitive opportunity and first right of refusal. The easiest transaction you can make is with a willing buyer with a vested interest.

They might come up with cash or in some cases a rent-to-own situation might be in order. This gives a little more mileage to your investment. Carry the loan if it means you can sell the property. If the purchaser defaults, you’ve lost nothing. You still own the property.

Grooming

Sometimes vacant land has been neglected by a property owner. If you’re able to see beyond maintenance issues and negligence of the property and recognize that with a little TLC the vacant land would be highly marketable—buy it! A trained mind will help, so be sure you evaluate with the appropriate criteria.

Cut the grass and pull the weeds. Landscape if you think you’ll get a better price. Just make sure you don’t spend more than you’ll get in return. The goal is NOT just to break even. Cosmetic enhancements are best reserved for properties you know will net you much more with a little extra fluff.

If the vacant landyou’ve acquired has been severely neglected, or used as a land fill, factor in the expense of trash and debris removal. This singe upgrade, which might cost you a few hundred dollars, could raise the value of your new property by several thousands of dollars. Measure the value of any improvement you make before you write the check. 

If you’ve learned anything from my tax lien training,your vacant land investment came at a good price. Sell it at a fair price and both you and the buyer will benefit.

Would you like to learn more about tax lien investing and buying tax deeds to vacant land? Watch my freevideo series. And here’s something that explains this profitable and safe opportunity: http://truthabouttaxliencertificates.com/. Sit back, enjoy it, and welcome to the lifestyle change you’ve been hoping for.