Donald Trump’s no fool – he invests in real estate because it’s the best way to get rich. The only thing you really need to know to be successful purchasing real estate is what to buy, and how to buy it. It’s everywhere, it’s cheap, it’s easy to get, and it thrives in a bad economy: tax foreclosure property. Buy property by paying back taxes, and you’ll be well on your way to a six-figure income.

Why not just bid at tax sale? Well, there are a couple of serious considerations. The competition will eat you alive. The tax sale is saturated with bidders at this point. Additionally, this is property you can’t even visit before bidding. It could be a total pit, once you end up seeing it. As if that weren’t enough, check out this statistic: 95% of owners redeem their property after tax sale anyway. If you want to buy property by paying back taxes, you’ll have to do it another way.

You’re still going to be able to get great deals on tax property – just a different way. You’ll buy only from tax delinquent owners, and only during the last two months of the redemption period. The owners that are still unpaid at this point are probably not planning to redeem. It’s very easy to buy property by paying back taxes if you focus on these owners.

You will find this is often a second property, or an inherited one. Either way, they don’t want it! Since you’re already letting it go, you ask, can I have the deed? It’s that simple. Signing over the documents will take less than an hour – offer them $200 for their time. Then pay the back taxes and it’s yours! Or sell quickly, and
take your profits before the end of the redemption period. There you have it: how to buy property by paying back taxes and make a boatload of cash whichever way you want.

Use this method to buy property by paying back taxes, and you’ll have your first $200 property in no time. Strike while the iron is hot – the foreclosure rate has produced a huge number of foreclosures for you to go after.