Common Mistakes People Make Investing In Tax Delinquent Property

Video Highlights:
💰 Overbidding on properties is the number one mistake made by investors in tax delinquent properties, leading to potential loss of profit and difficulty in selling.
🏡 Neglecting to evaluate the property and the neighborhood, as well as not having a selling strategy, can result in buying undesirable or difficult-to-sell properties.
🚩 Red flags to watch out for include IRS or municipal liens on the property, which can complicate the purchase and ownership process.
📚 Seeking knowledge, getting assistance, and thoroughly researching properties and their values are crucial to avoiding common mistakes and succeeding in tax delinquent property investments.
📈 Having a clear exit strategy, understanding the market, and ensuring a competitive purchase price are key to making profitable investments in tax delinquent properties.

Key Moments In This Episode:
(00:00) Intro to Tax Delinquent Auctions
(00:41) Impact of Unpaid Property Taxes
(01:01) County's Role in Tax Auctions
(01:52) Mistakes in Tax Auctions
(02:23) Risks in Neglected Properties
(03:00) Finality of Auction Sales
(04:09) Selling Tax Defaulted Properties
(05:02) Identifying Liens
(06:25) Exit Strategy Importance
(09:15) Advice for New Investors

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 in 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.

Before investing in tax lien certificates or tax deeds, it is important to seek professional advice from attorneys, financial advisors, and CPAs. Whenever earnings are shown, it should be noted that the earnings reported are likely to be higher than the average student may achieve. Tax-defaulted real estate carries risks, and there is no financial guarantee offered or implied.

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1051 - Tax Delinquent Property - DUO with Randy