Tax Lien certificates and Tax Deed Investing – How To Find Properties To Invest in
http://tedthomas.com In this video, ted shared how easy it is to find thousands of properties across the united states that you can invest in.
– Summary of the video –
Ted: Hi, I’m Ted Thomas again and we’re going to talk about tax lien certificates and tax deeds and don’t forget if you have questions you can just email your questions in we’re happy to answer those for you. We’ll send you back an email and answer it not instantaneously but was quick as we can. All right. So the tax lien certificates are available in about half the states and tax deeds are available in the other half of the state. So let’s just talk about that. Now I wrote a little note here that says, 1 million tax certificates. That’s how many people in Florida won’t pay their taxes this year. Now we don’t confine this business to just Florida but I want to understand this is a massive business. I’m going to show you that there’s thousands and thousands of these certificates that you’ll get in 16, 18, 24, all the way up to 36%. So stay with me I’m just going to walk in a little bit stand up desk over here.
Okay so this is a typical list of tax lien certificates, okay? And there’s thousands of those at least absolutely thousands of those. Now, you can call the county and get this if you want we’ll teach you how to do it online and we’ll teach you to, and then it’s going to give you certain amount of information here. But I want you to understand that this is a big business and is available in every county in America. There’s 3000 counties *0:01:07 to buy tax lien certificates or tax deeds. So let me show you another one then. Okay, now they do these online we talked to you briefly in the last lesson is you missed that go back to redo it how to do it online. But this is a list of online. This one has about 15,000 certificates that you could buy online and this county happens to be Orange County that’s Orlando, Florida.
So you could look up the one you want then we’ll teach you the appraisal process, if you want to do that and the assessment process and you could buy any one of these you want online. In Florida the maximum bid is 18%, okay, and then the bidding goes down. I’ll come back and show you more of that in a second. Now I want you to understand there’s thousands of these so stay with me because we’re going to get on the phone and start calling places and when we call you’re going to get a list. Now look at this list. Just take a look at that. Now I know a lot of people that never seen this before and they’re astonished, okay. This list is going to have 30,000 certificates on it so there’s got to be a few that you want. Now dependent upon the state you’re buying in. If you buy in Louisiana it’s going to be like 15% or 18%. If you’re buying up there in Maryland it could be 24%.
I am not going to give you all those numbers right now but just understand one state, Florida, had a million people not pay their taxes this year. When they don’t pay their tax you give them a certificate. In case you’re *0:02:15 take a look at that. All right. I’ll just show you one more and then we’ll move to tax deed. This happens to be Tampa, Florida. So I called Tampa and I said, look I want to buy some tax certificates and they said, okay good and I could go and get this list. Now this is a newspaper I just dropped some of them on the floor. This is a newspaper, there’s no pictures. This is just all about tax liens and deeds. So then this is a Business Bureau. I got more. So hold on a second. All right. That was tax lien certificates. You remember they pay 18%, 24%.
Now let’s take a look at tax deeds, okay? So I’m going to get on some I’m reaching behind me here. So I call to New York State and I said, look I want to buy. So each county can sell tax deeds they can actually sell the property. Now we’re going to try and zoom in on this and see if we can see it. She’s going to try and see if we can see that picture and maybe you can see, you see that brochure is actually showing you the picture of the properties. Now it doesn’t get any better than this. They sent you a picture. Now, stay on the camera then I’ll kind of flip it around in a little bit. Now these are the ones I’ll come back to it.
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