Nick PerryFounder and CEO of 7 Figure Cartel

How to Legally Claim Abandoned Properties Nobody Wants (And Flip Them for $150K)

3 May 2026 · 1 min

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In this YouTube segment, Nick Perry outlines a step‑by‑step, legally permissible but ethically questionable method for acquiring long‑abandoned, tax‑delinquent real estate and reselling it for profit. He instructs viewers to (1) search county tax records for properties with five or more years of unpaid taxes, (2) file a quiet‑title action costing under $500 to request a court declaration of ownership, (3) serve notice to the last known address and wait for the statutory notice period to expire, (4) return to court to obtain a default title when no heirs respond, (5) pay the back taxes at a low cost, and (6) flip the cleared property to a cash buyer for roughly $150,000. Perry emphasizes the process is “very legal” yet “unethical,” and he invites interested viewers to comment “distressed” for personal assistance.

Chapters

Here's an unethical way to make money that's very legal. First, look up properties with 5 or more years of unpaid taxes on your county's list. These are basically ghost houses—owners who disappeared, passed away with no heirs, or just walked away years ago. Next, file a quiet title action at your local courthouse. For less than $500, you're asking a judge to declare you the owner since no one alive is claiming the property. Then send a notice to the last known address and just wait for the notice period to run out. When no heirs show up, go back to court and let the judge hand you a clean title by default. Finally, pay off the back taxes for cheap and flip the property to cash buyer for $150,000. Stack a few of these at the same time and you'll be rich in no time. It's very simple to follow, but it's not easy to do. So if you want help doing this, comment distressed and I'll reach out.