What Happens When You Buy A Tax Lien

Key Moments In This Episode

Key Moments
00:00 Intro & Summary
01:02 Advantages Of Investing In Tax Lien Properties
03:52 What Happens To The Property Owner When You Buy Tax Liens
05:01 Benefits Of Buying Tax Lien Certificates
07:08 Why I Started Investing In Tax Liens
08:12 How To Invest In Tax Lien Certificates
10:57 What Happens When You Buy A Tax Lien
12:12 How To Know What Property You're Buying
12:35 When Do You Get Paid?
13:03 Mistakes To Avoid At Tax-Defaulted Auctions

Learn more about Ted Thomas

Ted is an American Original - teaching people just like you for over 30 years how to buy houses in good neighborhoods for 30% to 50% of their market value. He teaches how you can sell properties fast for thousands in profit, and how you can ‘rinse and repeat’ this process over and over again - just like his students have - and make your financial dreams a reality.

Ted Thomas is America´s Tax Lien Certificate and Tax Deeds Authority. As an international speaker, Ted has dedicated himself to finding and teaching the best, and safest, investment strategies. He teaches how to create wealth with minimum risk with easy-to-learn methods. Ted’s strategies developed over decades of successful real estate investing can help everyone. From regular hard-working families, to senior citizens, to young families and professionals.

Ted chose to teach Tax Lien Certificate and Tax Defaulted Property investing because it is Certain, Predictable, and Secure. He is a specialist at teaching Advanced Tax Lien Certificate and the Tax Defaulted Auction processes and concepts to investors and professionals. Industry insiders consider Ted Thomas to be America’s Tax Lien Certificate and Tax Deed Authority. In the past three decades, he has pioneered many new techniques and strategies for Investors and Professionals.


#TaxLienCertificates
#TaxLienExpert
#TaxLienProperties

[YolandaTheGardener]

I’ve been buying tax liens for about 3 years. Easy way to earn a better interest rate on your money than using a saving account.

[Duck-onfe]

Hi ted!! This is the first video I've watched of yours. I've known about tax liens for a couple years now. I grew up with my dad always talking about it but he never wanted to do it because he says money changes people. Finally going to do it this year. I'm a 21 year old single mother in a VERY tough living situation. So this year I'm really going to do this. Wondering if you got any courses coming up? Or an email so i can ask some questions as they come to me. I can't afford to mess it up and want to do it right the first time!

[ricofarrari]

Dammit Ted where have you been all my life sir. That’s the best explaination I’ve ever heard when it comes to anything. I’m glad I ran across your video.

[anto]

I never heard about tax lien. I have so much to learn. Thank you so much for sharing all this information. 🙏

[moed]

18 percent thats if the property takes 1 year to get to the auction. sometimes its less than 7 months to sale

[rusty]

In my county, you bid down the interest rate - most of them going for 0%.

[ITW]

Thank you for a very clear explanation.

[BowdenSpace]

Very nice Ted. I’m getting back into this awesome investment vehicle.. thanks!

[ajau]

Hi Ted! Thanks so much for all the information you provide. It’s really helpful for a newbie like me . So you have any courses available? If so how do I register?

[chrismulhern]

Hey Ted, when you purchase a tax lien and someone does not pay you in the first year. Do you have to continue paying the property taxes for the property for the next 2 or 3 years assuming it's never redeemed?

[rudyalamillo]

do u get paid back only what u paid for the certificate if homeowner does pay the tax lien ?? Or do get a interest on top of what u paid for it ??

[tolusdiary]

I’m in Virginia. I’m interested in more information on how to get started. This is very interesting information Ted.

[rphrules]

Hi, thanks so much for this information I just subscribed! Can you actually classify buying tax certificates a business?

[javiersosa]

Hi Ted, on every video you say click below, however there is nothing on every video to click on. So how do I move on to learn from you?

[HunterWillis]

Ted - thanks for the video.

I want to make sure I understand, because this seems almost too easy.

I'm in Colorado and the county has tax liens for sale. There is one for sale that is vacant land in a part of town that is developing quickly. The amount due isn't much - right at $500.

But you're saying I could buy it for $500 and just sit on it.

If the owner pays the tax bill, he pays it to the county. The county then pays me the $500 + 12% interest.

I don't have to collect it myself? The county collects it and remits payment?

And if for some reason the owner doesn't pay the bill over the next 3 years (and I pay the taxes each year), I can take possession of this empty lot in a primo spot?

[jxn]

The percentage. Does it pay on the property tax or how much you pay for the lien?

[Lion-hwjf]

Thanks. This is really good for everyone

[aishashiddat]

Thanks Ted. I attended a real estate seminar a few years ago and they briefly touched on Tax Liens. I was supposed to attend a seminar here in Charlotte a few days ago but I couldn’t attend. Are your seminars available in NC?

[faisalebiz]

what is the website where you can buy cook county tax lien certificates?

[keithstewart]

Great video! Thank you for sharing! But I had just a few general questions I was hoping you could answer. My state says the interest I can earn on a tax lien certificate will range from 6%-18%. What determines what interest rate I will get? Secondly, do you always have to wait 2 years to reap the benefits? That seems like a long time. Would you say the more the tax lien is the more likely they are to not pay? And lastly, I know you said that if they don't pay you will assume the property with out a mortgage. But can there be any other liens or fees on the property you will be required to pay?