
1 minute read
Georgia


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The power of social media and the internet has made this once not so familiar investment, one of the most popular for new investors. Along with its popularity comes an equal amount of compe;;on, making this once very profitable opportunity a craps shoot.



SPI has been inves;ng in tax distressed real estate for more than two decades. At one ;me, this was a lucra;ve investment strategy in nearly every state in the country. Now, most states have moved to an online plaDorm for their auc;ons and rather than have 50 bidders buying at the courthouse steps, you have more than 50,000. These buyers have flooded the markets and are willing to accept a 0% bid rate, which is essen;ally a free giI to the property owner and has destroyed the opportunity tax sales once brought to entry level investors. Regardless of the popularity and loss of opportunity, there is no shortage of coaching programs offering to sell you $45,000 coaching programs to !train you” on how to take advantage of tax sale investments. At SPI, we offer a beOer op;on – ;me managed consul;ng for every state in the country. Rather than spending $45k to then throw away more hard-earned money on a bad investment, you have access who have done it na<onwide for nearly 30 years. We also offer investments in those states that have not gone online, or are in secondary markets, where bid rates are reasonable and investments in tax distressed property makes sense.




The penalty paid upon redemption is 20% of the purchase price, in 1-year, or fraction thereof.




Property Value: Back Tax Due: Sold For: Penalty 20% Cost to Redeem
$110,000 $887.79 $60,000 $12,000 $72,000
Property Value: Back Tax Due: Sold For: Penalty 20% Cost to Redeem

$7.5MM $76,972.20 $4.5MM $900,000 $5.4MM
