County courthouse at dawn

Free education · Ross Budrakey

Winning With Tax Liens

Learn the strategy. Understand the risks. Know what to do next.

Free practical education for people who want to understand how tax lien and tax deed investing actually works — including the parts that are hard.

The honest version

Where most new tax lien investors get stuck.

Almost everyone follows the same arc. Knowing what's coming is the difference between quitting at the third wall and working through it.

  1. 01

    The spark

    You hear that counties sell delinquent tax debt and sometimes the property itself. It sounds like a part of the market almost nobody is paying attention to. That excitement is real, and it's justified.

  2. 02

    The first wall: which state?

    Every state writes its own statutes. Lien states, deed states, hybrids. Different redemption periods, different bidding formats, different notice requirements. There is no single correct answer, and picking one means committing to learning it properly.

  3. 03

    The second wall: the county

    Even inside one state, the treasurer in one county runs the sale differently from the next. Registration, deposits, payment windows, where the list is published, whether the sale is online or on the courthouse steps.

  4. 04

    The third wall: the list

    You finally get an auction list. It's parcel numbers, legal descriptions and dollar amounts — not addresses and photos. Decoding it into actual places on a map is genuine work.

  5. 05

    The fourth wall: the volume

    You research property after property to find a handful worth considering. Most are eliminated. That ratio is normal, and it's the part people don't expect.

  6. 06

    The fifth wall: the physical world

    Values have to be determined. Properties have to be looked at — by you, or by someone local you trust. Some auctions still require you to be in the room.

  7. 07

    The sixth wall: capital and nerve

    Money has to be arranged and available on the county's schedule. Then you have to bid without emotion and stop at the number you calculated.

  8. 08

    The wall nobody warns you about

    You win. Now you own a real thing in a real place, and it doesn't turn into money on its own. This is where most new investors freeze — and it's exactly where this site spends the most time.

Why due diligence matters

The auction is five minutes. The research is the business.

A parcel number is not a property. A photo is not an inspection. An assessed value is not a market value. Every expensive mistake in this business traces back to a question someone chose not to answer before they bid.

Research means understanding the state's law and the county's procedure, obtaining the auction list, decoding legal descriptions, valuing the property in its current condition, getting eyes on it, stacking every cost — and only then writing down a maximum bid.

Plat maps, parcel maps and an assessor printout on a desk
A modest single family home

Exit first

Acquiring an asset is only half the job.

Before you bid, you should already know how you intend to turn the property back into money: sell it as-is, improve it and sell it, rent it, hold it, or another exit that fits the asset and the market.

Your maximum bid is derived from that exit. Without one, you aren't investing — you're buying a liability with a redemption date attached.

About

Ross Budrakey

Ross is an experienced real estate investor and educator. He has traveled the United States teaching tax lien and tax deed investing, and he wrote the tax lien chapter in the international bestselling book The Real Estate Candy Shop.

He teaches this as what it is: a process business built on public records, county procedure and disciplined arithmetic. No income claims, no invented statutes, no pressure — just the work, explained plainly.

Exit strategy help

Acquired a property — or nearly there?

If you've won a property at a tax sale, or you're close and the exit question just became real, tell Ross about it. This form is for evaluating and executing an exit or liquidation strategy — it is not a funding request line.

No obligation. This form is for exit and liquidation questions, not for funding requests.