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Building a Rental Portfolio Through Tax Sales with Jim Tannehill
A tax lien purchase does not always lead to a property. For Jim Tannehill, that is part of the model.
Jim and his team may evaluate hundreds of properties before an annual tax sale. They narrow those properties down, set maximum bids, purchase tax liens, and then wait through the redemption period.
If the owner pays the taxes and required costs, Jim gets his principal back along with interest. If the lien is not redeemed and the legal process is completed correctly, his team may eventually acquire the deed.
Jim explains that the tax sale is only one piece of the puzzle. Once a property is…
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