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El Paso County
How to Make 25-50% Returns with El Paso County Tax Deed Investing?
This is your guide to making money with Texas tax deed investing. This time, we’re exploring El Paso County, also known as the Sun City.
With its constant sunshine and rich cultural scene, El Paso is a great spot for adventurous investors.
If you’re looking for a way to earn impressive returns on your investments, El Paso County tax deeds might be your answer. Here, you can make 25-50% returns and sometimes buy property for as little as $500. Compared to traditional investments, tax deeds can offer higher returns and a lower starting cost.
How do Tax Deeds in El Paso work?
In El Paso County, when property owners don’t pay their taxes, the county can sell tax deeds at auction. This allows the government to collect unpaid taxes and gives investors the chance to buy properties at a discount. Texas is known for redeemable tax deeds, meaning property owners can buy back their property, giving investors a guaranteed 25% return. If the owner doesn’t redeem, you own the property.
Steps to Start Tax Deed Investing
1. Know the Local Laws
It’s crucial to understand the rules and regulations in El Paso County. You need to know about the redemption period and how the bidding process works.
2. Check Out the Local Treasurer’s Website
For detailed information on tax sales, visit the El Paso County Tax Assessor-Collector’s website.
3. Visit the Auction Site
El Paso County uses an online auction platform for tax deed sales. You can check it out here: El Paso Auction Site.
4. Learn the Details About Tax Deeds
Make sure you understand the sale schedule, parcel details, and other essential information before diving in.
5. Contact the County Office
For additional questions, you can reach out to the El Paso County office through their website.
Important Details
Pro Tips
Look for Deals: You can often find bargains at public tax deed sales, purchasing properties below market value.
Clear the Title: Acquiring property through a tax deed sale requires clearing the title, which can involve extra costs.
Attractions and Economic Highlights in El Paso County
Popular Attractions
El Paso has a lot to offer, from parks and theaters to historic sites like the El Paso Mission Trail and the Wyler Aerial Tramway.
Transportation Infrastructure
The city has great connections with roads, rails, and the El Paso International Airport, making it easy to get around.
Economic Development
El Paso’s economy is diverse, with strong sectors in agriculture, technology, and manufacturing.
Community Appeal
There are plenty of outdoor activities, entertainment options, and eco-tourism opportunities.
FAQs
Q: What is the redemption period for tax deeds in El Paso County?
A: The redemption period is usually 180 days.
Q: How often are tax deed auctions held in El Paso County?
A: Auctions are held on the first Tuesday of every month.
Q: Can I participate in the auctions online?
A: Yes, El Paso County conducts online auctions through RealAuction.
Useful Links
Need Help?
If you’re looking for more assistance with tax lien investing, grab our free Tax Lien & Deed Mini Course or book a call with us here: Dustin Hahn Real Estate Investing.
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About Dustin Hahn
Dustin Hahn is a Tax Lien & Deed investor with over 22 years of experience and hundreds of deals under his belt. He created Tax Lien School.com to help you buy Tax Deeds up to 90% off mortgage free and earn up to 36% ROI with Tax Liens. This site was voted the “Most Useful Resource” for new investors. Dustin’s YouTube Channel is the #1 Channel on Tax Liens & Deeds with over 98,000 Subscribers and 3600 videos to help you start. “The Best Time To Start Real Estate Investing Was 20 Years Ago, The Second Best Time Is TODAY!”