: Large institutional investors often use automated software to bid interest rates down to 0.25% or 0%, making it hard for individuals to find high yields.
: On auction day, Mark logged into a platform like GovEase . Instead of bidding up a price, the auction worked by bidding the interest rate down . He set his limit at 10%. When a small residential property came up, the bidding started at 18% and quickly dropped. Mark placed his final bid at 10.5% and won. buy tax liens online
: He didn't just bid blindly. He downloaded the auction list and spent hours on Zillow and county GIS sites verifying property values . He even drove past a few properties to ensure he wasn't bidding on a empty lot or a strip of sidewalk . : Large institutional investors often use automated software
: Your money is tied up until the owner pays. You cannot easily "sell" the lien if you need cash quickly. He set his limit at 10%
: You might win a lien on a property that is environmentally contaminated or landlocked.