3 Tax Deed Sale Strategies
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?
If you purchased the property with the recommended 60% AVR, you are inline for an immediate turn around sale to make 40% margins. Not bad for a return that happens within a year.
If you purchase the home in the recommended range of rental expectations of $1,000 for every $100,000 spent, you are inline for a net 7.2% rate of return! Thats a great way to generate monthly passive income.
Live in it:
Tax deed sales happen all over the county. Who knows, you may find a home in a neighborhood that you may want to move your family and yourself to. A tax sale may be a way to actually afford a home in an area that you want to set your roots in.
Either way, you need to find the properties to make the purchase. We can help with that process of researching properties with the 2018 Sacramento County Tax Sale List.