Nick PerryFounder and CEO of 7 Figure Cartel

The Legal Strategy Investors Use to Get Abandoned Properties for Almost Nothing

5 Sept 2026 · 1 min

Watch on YouTube

0:57

In this YouTube monologue, Nick Perry outlines a method that, while technically legal, is ethically questionable for acquiring abandoned, tax‑delinquent properties at minimal cost. He explains how to locate properties with five or more years of unpaid taxes using county lists, initiate a quiet‑title lawsuit for under $500, serve notice to the last known address, and obtain a default judgment when no heirs respond. After receiving a clean title, the investor pays the back taxes cheaply and flips the property to a cash buyer for around $150,000. Perry emphasizes that the process is simple but not easy, and he invites 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 a 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.