OfflineHas anyone purchased land through a tax sale? I found 5 acres being sold at auction for starting bid of $3750 + fees. Just wondering if anyone else has purchased land from such a sale? Is it worth while or is it hard to sell land at this time? Any info. will be greatly appreciated!! Still learning.
Thank you!
Donna
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In real estate investing, land can come with the highest risk. Especially raw land. Improved land is where the utilities have been ran, roads, etc. When purchasing land, you aren't generating any cash flow. You're paying the taxes and waiting the new construction to get in high gear again.
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