595: Tax Liens and Tax Deeds: Make More Money Easily By Thinking Outside the Box and Ramping Up with Ted Thomas

Ted Thomas is an active investor with over 20 years' experience. He specializes in advising, guiding and teaching people the steps to make money with Tax Lien Certificates and Tax Defaulted property. It's something he's taught thousands of men and women all around the world to do – from single moms to professional investors and entrepreneurs. He's here to tell us how to make easy, passive, scalable income using tax liens and tax deeds.

Quotes:                                                                                                                                   

“If you want to learn something, you want to learn it from someone that's doing it. Don't use the television to be your apprentice, because those guys are trying to make a big show for television.” – Ted Thomas

“You need to build a reputation. There are many factors that contribute to a successful website. Yes, there are millions of them, but the real key is how many actually generate revenue.” - Ted Thomas

“Listen, cash is king—that’s what I emphasize. I don’t want people buying those fixer-upper houses; they’re a huge headache, a big one.” - Ted Thomas

Takeaways:

05:25 Tax lien certificates offer a safe, predictable investment with potential returns between 16-25% when property owners pay their overdue taxes.

08:42 Always research properties thoroughly before bidding, focusing on exit strategies and avoiding high-risk investments like fixer-uppers.

26:59 Start small with investments, learning from experienced professionals and gradually building your skills without falling for get-rich-quick schemes.

31:11 Online resources and technology now make real estate investing more accessible, allowing investors to research properties from their kitchen table.

32:33 Successful investing requires patience, process, and a willingness to learn from those actively doing the work in the field.

Resources

Podcast: Play in new window | Download (Duration: 34:39 — 79.4MB) | Embed

Subscribe: Apple Podcasts | Spotify | Amazon Music | iHeartRadio | Podchaser | RSS

Filed in: Archive 3: 2018-2020 • Interview • Money • Podcast

Comments are closed.

«
»

↑ Back to Top