Unlocking Wealth: Tax Lien Investing for Beginners!

Key Moments In This Episode

00:00 Intro Tax Lien Investing For Beginners
00:42 How did you get started in Tax Lien investing?
02:12 What is a tax lien certificate
04:25 What are the risks of tax lien investing
06:38 What is the best state to buy tax lien certificates?
07:45 What is a bid-down auction?
08:26 What if the homeowner doesn't pay off their taxes?
10:05 As the investor, how do I know when the homeowner has paid?
11:07 What is the redemption period?
11:44 What due diligence do I have to perform before I buy?
12:41 How do you find tax-delinquent properties?
13:47 What courses does Ted offer for beginners?

Learn more about Ted Thomas

Ted Thomas is America's Leading Authority on Tax Lien Certificates and Tax Deed Auctions.

Ted Thomas is a Florida-based educator, publisher, and author.

Thomas is a publisher and author of more than 30 books.

His guidebooks on Real Estate have sold in four corners of the world.

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 repeatedly - just like his students have - and make your financial dreams a reality.

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.

After watching his parents work hard their whole life and die almost broke, Thomas decided it was time to dedicate himself to finding an investment strategy that would help senior citizens. Young people avoid the humiliation of not having enough money.

Ted chose to teach Tax Lien Certificate and Tax Defaulted Property investing because it is Certain, Predictable, and Secure.

Today, Ted is a specialist in teaching Advanced Tax Lien Certificate and the Tax Defaulted Auction processes and concepts to investors and professionals.

Whenever earnings are shown, they are not typical and should not be relied upon as a guarantee of future success. Individual results may vary and are not guaranteed. Income statements and testimonials may reflect exceptional performance achieved through hard work and dedication. Success in real estate, like any form of investment, depends on individual effort, skills, dedication, and market conditions and cannot be guaranteed. Ted Thomas and his associates are not licensed agents, financial advisors, or real estate brokers, but rather teachers and a boutique educational service. Before investing, it is advisable to seek the advice of legal, financial, and accounting professionals. The county government's auction of properties is sold "as is" with no guarantees regarding physical condition, title, or neighborhood pricing, and buyers must physically review properties before purchasing. Ted Thomas is not an attorney, licensed financial adviser, or certified public accountant.

#taxliens #taxlieninvesting #taxlieninvesting #taxliencertificates #realestatetips #realestateinvestment #propertyauctions #Tedthomas #Taxdeedinvesting

27346.1 - Tax Lien Investing For Beginners - DUO - with Randy

[Anna-kkui]

Do you bid on the certificates or just buy the certificates

[thuynguyen-nqvg]

TED, You look great, your shirt's so nice. Your experience n knowledge is incredible. Love you❤

[valeriejohnson]

I want to buy all the bad property by the tax liens. People live in bad neighborhoods investors by in these neighborhoods too.

[phillysteel]

Thank you Ted for this great information.

[tinap]

Hi Ted I'm hearing different info about how long and how expensive it us to her clear title typically?. I'm mostly looking in Florida Miami Dade county and maybe 1 County up from there. Do you also have good reputable lawyers names that are reasonable and reliable in that area of Florida? Thanks so very much, live your videos..I'm in Canada. No luck yet but I've participated in tax auctions here. Now I'm thinking Florida instead.
Also, who could I hire to have boots on the ground to look for me and verify its ok? Thanks!

[erikamiranda]

Is the interest paid monthly, yearly or only in the end when you get your money back?

[nobodyslaw]

So, after you buy the tax lien and after the homeowner don’t pay the taxes how long before the county hands over the possession of the property to the holder of the lien?

[jzbreezio]

Are people still residing in these properties and what if they dont want to move out?

[JosefinaEmmons-jd]

May I ask where I can get Tax Lien Certificates?

[ITW]

Are tax lien properties always occupied? Or can the house be burned down and I not know if I don’t see it in person. Asking because I wasn’t to buy out of state. And are tax deed sales of houses that are unoccupied?

[KirbyMcphauljr]

Is the mortgage on the property wiped out. Or will I need to pay it if the property goes into foreclosure because owner doesn't pay the taxes.

[senaahadams]

Do you pay they're taxes every year for the 3 year term or just once?

[INFINITIWETRUST]

The state I live in is a tax deed state (NC) so from my understanding I would need to pay the tax owed, be issued a tax deed will this make me the new owner? Or would I need to attend the auction held for that property and the property is awarded the highest or Lowest bidder if it is me?

[TheGayelle]

What happens if owner dies and no heirs. You paid the taxes?
This is in broward county.
Does the 24 month rule still apply??

[CHARLESBRANKLYN]

how much cash do I need to start investing with 0% interest funding. would $1500 be enough to start here I Lake county California?

[dxtrdxtr]

So if the starting bid is 3k (for taxes owed), then you won it for 5k, will the county pay you the 5k plus interest or just the 3k plus interest?

[Gyan-Merchantry]

There is so much more.... Do you get first dibs on 2nd place?
Do you get the deed after redemption period or does it go into auction by the county and then u get paid if it sells?
What happens if it does not sell.... Do you lose money?

Essentially every state is different.

[Jdiamond]

when they default, and don't pay. what happens when you enter into land court with the previous home owner? can their mortgage company/homeowner try and get money out of me for the FMV

[The_DuFour_Team]

Do you recommend buying these tax liens under your LLC?

[marianavarro]

Hi Ted Thank you for this information, question if the people don't pay do we keep the property ? or does there bank keep it ?