Even if you don’t have a lot of money, you can still make a lot of money from real estate. But the type of property you choose to invest in will make all the difference to your success. The big secret to investing profitably is to buy properties from owners with back taxes after has been “sold” in tax sale.

You’re probably wondering why it’s a bad thing to bid at the tax auction. There are some concerns. The bidding process ensures that all desirable works are offered near market value. Also, you can’t inspect the houses before you bid on them, you just have to take a chance. Once again, the tax sale is a waste of time. 95% of the time, owners will redeem their property anyway. Buying properties from owners with back taxes has none of those risks.

You’ll get loads of cash just by buying from the owners at the end of the redemption period. People who haven’t redeemed at this point probably can’t and are planning to just leave the property. When buying properties from owners with back taxes, these specific owners will be your gold mine.

Many of these owners are heirs, landlords, or senior citizens who do not want the property. By simply asking if you can have the deed, since they are letting it go, you will be surprised at how much ownership you can get. For their trouble, offer them $200. After that you can redeem or sell. Up to you!

Can you think of any other way to buy properties from tax-backed owners so cheaply? With so little money invested up front, you are guaranteed to make a profit. There’s never been a better time to start buying tax property, so if you’ve been wanting to get involved, don’t put it off any longer!