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Tax Liens Discussion Board  


Boardwalk :: Forum List Tax Liens General Discussion
maung yang
User

New User
Posts: 2
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 Taxl ine - 2007/03/29 21:08 Hi
I am living at San Francisco county and just become beginer for tax line and dee auction,
My question is how can I made porfit on the tax line after I purchased the Tax county? or arrange to make profit from the tax line procedure!

Thanks you so much for your answer

Maung Yang
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Luanne
Admin

Admin
Posts: 65
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 Re:Tax Lien - 2007/03/29 21:14 Hi Maung,

First things first. You can only purchase a tax deed from auction if California.

The way you profit on a tax deed is by purhcasing the property much lower than market value. Then you can "flip" it for a profit.

The key is finding a good property and being able to bid on it. Sometimes bids go into the tens of thousands so you must have that kind of capital available.

Thanks,

Luanne
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Boardwalk :: Forum List Tax Liens General Discussion

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