I literally just got into Tax Liens this week after finishing “Rich Dad, Poor Dad”. You are amazing Ted and I’m learning A LOT from you!! Keep pumping the videos out

@Ted-Thomas

2 жыл бұрын

You rock!

@tjsfamily2151

Жыл бұрын

I’m reading tht now

@dsizzle49

Жыл бұрын

Hahahaha same bro same Iv been digging through the click bait titles. The lower viewed channels are usually the quality channels. This guy is giving the straight forward info Iv been looking for.

@ronald1111

Жыл бұрын

So where is it? Don't have forever..math

@ronald1111

Жыл бұрын

Sent for it a month ago. Like wged thieves

The best way to do this is check for properties that are about to go to auction per say they're at the END of their 2yr grace period THEN purchase the TLC.. if they don't pay, you'll own the property outright instead of your monies being held up for 2-3 yrs... better deal to me than 18-24% interest

@Ted-Thomas

Жыл бұрын

Thanks for your comment. Each state is different so be sure to check the county websites and make sure that you are buying a leftover or unpurchased tax lien certificate - Ted Thomas

The powers that be NEED to allow this to be taught in public schools; thanks Boss!

@Ted-Thomas

Жыл бұрын

Thank you!

Thank you Ted for the information. To have any gain everyone needs information. You just opened a new adventure for me.

@Ted-Thomas

3 жыл бұрын

Glad to hear it! Keeping watching for more information, and in the meantime here is free gift for you...tedthomas.com/gifts

You're the man Ted, thanks for this!

@Ted-Thomas

2 жыл бұрын

Thanks for watching!

Great information...as always, Thanks Ted

@Ted-Thomas

2 жыл бұрын

You bet! Thanks for watching!

Great information. Thank you so much!

@Ted-Thomas

2 жыл бұрын

Thank you!

Great Information thanks ted

@Ted-Thomas

2 жыл бұрын

No problem 👍

Great info! I am just getting started and cant watch enough of your videos!! Thanks!

@Ted-Thomas

Жыл бұрын

Awesome! Thank you!

clearly explained, thanks!

@Ted-Thomas

2 жыл бұрын

Thank you!

Thanks for the information! I’m excited to get started.

@Ted-Thomas

Жыл бұрын

Wonderful!

Thank you for posting all these videos, I am hoping to get into this in Maryland. I really appreciate it.

@Ted-Thomas

2 жыл бұрын

You can do it!

You’re the man, Ted!

@Ted-Thomas

2 жыл бұрын

Thank you!

LETS GOOOO TED, my man brought out the DVD. Let’s get it 💪🏽

@Ted-Thomas

Жыл бұрын

😜

🌿Greetings Ted, First time subscriber. Enjoyed the teaching. Interesting in receiving the gifts. Thank You🌿

@Ted-Thomas

2 жыл бұрын

Thanks for subbing!

GREAT VIDEO!!!

@Ted-Thomas

Жыл бұрын

Glad you enjoyed it

I feel like you just helped me out way more then I know

@Ted-Thomas

Жыл бұрын

Thank you for the kind words!

Great information Ted I am from Davenport Fl thank you so much God bless you and your beautiful family

@Ted-Thomas

11 ай бұрын

Thanks for watching!

I love it here!!!

@Ted-Thomas

2 жыл бұрын

Thank you!

Thanks from Georgia!

@Ted-Thomas

2 жыл бұрын

Thank you from Florida!

Thank you Ted for the amazing videos you have for us to learn about the trade. I want to be part of the full course and please direct me how I can do so. Thank you.

@Ted-Thomas

Жыл бұрын

Hi Farha, Once a month Ted hosts a one-day virtual workshop. The next one is coming up on August 27th, check it out here! tedthomas.com/1dayworkshop

This is brilliant stuff. Great job. Looking to get into this as a side business.

@Ted-Thomas

2 жыл бұрын

Thanks for watching!

Wow the amount of knowledge I just got and I’m only 19. Nice video man!!!

@Ted-Thomas

2 жыл бұрын

Awesome! Thank you!

I enjoyed learning about the Redeemable Dead’s.

@Ted-Thomas

2 жыл бұрын

I'm glad to hear that! Thank you for the comment, here is a free gift! tedthomas.com/freereport

This is very interesting and I would like to know more.

@Ted-Thomas

Жыл бұрын

Hello! Here is a free report to learn more: tedthomas.com/freereport

Your amazing Ted..:)

@Ted-Thomas

7 ай бұрын

Thank you! Make sure to get your FREE list of upcoming auctions here: tedthomas.com/freeauctionlist

I bought your program cant wait to try it in real life

@Ted-Thomas

2 жыл бұрын

Thank you!!

Are the pros and cons the same for tax deed investing? Great video by the way. I have subscribed to your channel.

@Ted-Thomas

3 жыл бұрын

Thank you for watching! While investing in tax liens and tax deeds have many similarities, they also are quite different... A tax lien certificate sale is when you pay the back taxes on a delinquent property and receive a certificate to hold until the taxes are repaid by the owner at which time you will get paid back the taxes plus interest. The interest rates vary by state. At a tax deed auction, you are bidding on the property and will get a deed to the property. When you invest in tax deeds, the investment is typically larger and then you get the property so there will be more effort applied to prep, market and ultimately sell the property. So while there is more to do and a higher investment in tax deeds, the return is also often much larger! This is the simple answer but to get a full understanding visit tedthomas.com/freegift for a free mini-course that will explain in detail.

Thank you for the information Ted you are the real TED TALK!!! I have a question when purchasing TLC's do you only receive the interest paid out to you when the home owners finally decided to pay their taxes?

@Ted-Thomas

Жыл бұрын

Hello, Thank you! Yes that is correct, you get paid when the county gets paid by the home owners. - Ted Thomas Team

@jrjr8574

11 ай бұрын

@@Ted-Thomasis there strategies to make the owner pay in order to speed the process of getting your % interest money from property?

Thanks for the video - I am certainly interested in the helpful manuals and videos that you promised. How do I get those?

@Ted-Thomas

9 ай бұрын

You can email info@tedthomas.com or call the office at 321-449-440 for more information! Grab your free list of upcoming auctions in your area: tedthomas.com/freeauctionlist

Thank you Ted. What is the typical turn around on the tax liens in Florida? If I buy one in May, how long does it take before they pay?

@Ted-Thomas

Жыл бұрын

Thanks for your question. The tax lien certificate in Florida could be outstanding for 2 years. there are people that redeem the next day and there are people they wait until the 2 years. I doubt if anyone really knows when a certificate will be paid off. - Ted Thomas

"Every state is divided into counties." Me, in Louisiana: "What?"

@Ted-Thomas

2 жыл бұрын

LOL !

@maggie_codes

2 жыл бұрын

Lol

Hi Ted iwant the order of the tax leins videos so that it will be easy to go through

@Ted-Thomas

Жыл бұрын

Hi Grace, here is a link to the tax lien certificate playlist - kzread.info/head/PLqJdIGJxXbnpVCRXHYpVfpjGeDGKJBX7E

Is it a good idea to buy a tax lien certificate (TLC) for a property you are looking to keep and build on? Or is it only good to buy a TLC if you’re wanting to sell it? Thank you!

@Ted-Thomas

2 жыл бұрын

Both I suppose, this is a great question. Everyone should do their due diligence when seeking properties to invest in, whether its a tax lien certificate or a tax deed property. Ultimately, when purchasing a TLC, you have a slight chance of ending up owning the property, in which case you would have wanted to know if it is sellable or even buildable or worse landlocked. Here's a free gift for you....tedthomas.com/gift

I was wondering what different web pages do you use to find abandoned properties and how or if you set up a spreadsheet or a portfolio type folder and I was also wondering about getting qualified think they’re on the property ?

@Ted-Thomas

Жыл бұрын

Hi David, I recommend looking on Google maps as a place to start, and always get boots on the ground - Ted Thomas team

This will be a good way to invest time and money.

@Ted-Thomas

Жыл бұрын

Yes!

I went to a tax lien seminar last night and they wanted $1400 for the class course. There was a special for $900 but they only offered it on weekends which I can’t do.

@Ted-Thomas

10 ай бұрын

Our one-day virtual workshop is $47 - check it out tedthomas.com/1dayworkshop

@judsblessed1199

9 ай бұрын

My husband paid $14000. They even told him how to get a loan. It seems they give good information but very overpriced in my opinion. One should'nt have to go into debt to achieve financial freedom.

TRUE BEEN AROUND FOR 100S OF YEARS

@Ted-Thomas

10 ай бұрын

Yes!

Looking to do this on multi family properties

@Ted-Thomas

2 жыл бұрын

Great idea!

This is great! How do I get started learning with you???

@Ted-Thomas

Жыл бұрын

Hi Shane, the best way to start is by attending our one-day virtual workshop: tedthomas.com/1dayworkshop

So each state that does tax liens has an interest rate, does that vary between certificates within the same county?

@Ted-Thomas

3 жыл бұрын

Each county is different and has different auction rules. Always check the auction rules first when preparing to attend an auction to see what rules are and the bidding process. Some states will have varying interest rates because they have a "bid down" process like Florida and Arizona where the interest rates are bid down during the auction. Visit tedthomas.com/gifts for a free mini-course to learn more about tax defaulted property auctions.

Hi Ted, I just started to look into tax liens and found you on KZread. I’m a teaching assistant in NY , my husband is retired but has terminal cancer and I’m worried about my finances in the future. Is NY a good place to start ?

@Ted-Thomas

2 жыл бұрын

Hi Lexi, yes Ted has boughten many properties in New York! - Ted Thomas Team

I just discovered your channel and have never heard of tax liens before. You said if the owner does not pay the taxes back you end up owning the property without a mortgage. My question is how is that possible? Does the property already have to be paid off in order to do a tax lien?

@Ted-Thomas

Жыл бұрын

Thanks for asking your question. Keep watching the channel, you are missing a few points. Allow me to give you a little clarity. If a property owner fails to pay taxes the legislature authorizes the county treasurer to confiscate/ seize, the property and resell it. The property owner that has failed to pay taxes has defaulted and forfeited their rights of ownership. - Ted Thomas

Hey Ted! Just to clarify, once you purchase the Tax Lien Certificate, you are responsible for paying the property owners future yearly taxes onward up until redemption day correct? Unless they pay it off early?

@Ted-Thomas

Жыл бұрын

Hi Myers, you do NOT have to pay the future taxes, but that is the best/smart thing to do - Ted Thomas Team

So do the counties sell tax lien certificates for each tax year? What if multiple tax certificates exist? How is it then determined who gets the property if the taxes has not been paid before the certificate expired?

@Ted-Thomas

Жыл бұрын

Thanks for your question. You will need to take a minute and digest my answer. Lien law works specifically like this… first in time is first in place. If the tax lien is filed on day 1/1/01 and subsequently in the next year of 1/1/02 will come the next tax lien… on 1/1/03 another tax lien. Now let’s go back and look at the rule. First in time is first in place. So the first tax lien has the priority. No lien can be filed on a property that will be prior to the tax lien, all liens will be junior to the tax lien because they are filed at a later time. First in time is first in place. I am not an attorney and I am not giving you legal advice. I am an author and a publisher. - Ted Thomas

I looked up rules in New Mexico. I just read the state of New Mexico, including all counties, does not conduct tax deed, tax certificate and tax lien sales. The only property sales conducted by the State are public auctions due to two or more years of delinquent property taxes. Is it possible to just make money on public auctions?

@Ted-Thomas

Жыл бұрын

Make sure to always read the rules, New Mexico can be confusing. I hope this link helps - www.tax.newmexico.gov/businesses/property-tax-overview/delinquent-property-tax-auctions/

How long must you wait for your certificate to pay you back? 2 or 3 years?

@Ted-Thomas

2 жыл бұрын

Hi Ron, it really depends on the state! It could be 2-3 years-- it could be sooner! About 97% of people will come in and pay back the tax lien certificate. It depends when the owner is ready to pay-- avoiding you foreclosing on that certificate! Here is a free report where you can read more! Thank you for your question tedthomas.com/freereport

this is great how do you request the paper by counties with what is for sale///

@Ted-Thomas

9 ай бұрын

The counties will post which newspaper their are going to publish in, but you can always call and ask! - Ted Thomas Team

This would be a great passive income.

@Ted-Thomas

2 жыл бұрын

Exactly!

Great video.. Question.. FL requires a 2-7yr hold on certificates however, there are certificates available from let's say 2017. Can I buy the 2017 certificate and immediately request the deed sold at the next auction?

@iconicshelby517

2 жыл бұрын

Very good question.

@Ted-Thomas

2 жыл бұрын

Hi Crystal, Thank you for your question, in Florida if you buy a certificate and no one pays the certificate you can then petition the county to have a tax deed auction - anyone can attend the tax deed auction. The highest bidder will receive the property, if no one shows up to buy it then the tax lien holder will get the property.

@dedawnfrosty007

2 жыл бұрын

@@Ted-Thomas when you mean no one pays the certificate do you wait til the second year then petition the county to have a tax deed auction & do you still get paid the 18% on the certificate before the tax deed auction or after?

Hey Ted. Wanted to know, do people who own a tax lien certificate have to wait for those redeemable days to be over to get the property for themselves, or is there another way to acquire it without waiting that long.

@Ted-Thomas

2 жыл бұрын

Thanks for your question. Tax liens all have time limits, there is no payment on the last day of the time - you will own the property. There is no way to accelerate the process however the property owner can accelerate paying off the debt early. - Ted Thomas

This is all new to me. Are tax yields the same as tax liens?

@Ted-Thomas

2 жыл бұрын

Thank you for your question. A tax lien certificate is nothing more than a piece of paper which the local government will issue when someone hasn’t paid their tax. Anyone can purchase this certificate. If the property owner does not want to lose their property they will pay the amount of the certificate plus whatever rate is written on the certificate - for example, Florida pays up to 18% and Iowa pays up to 24%. If you purchase a tax certificate and the property owner failed to pay and the certificate said 18% on it - your return on your investment would be the 18%. - Ted Thomas

Hey Ted how do we get those book /manuals you showed?

@Ted-Thomas

Жыл бұрын

Hi Shawn, students of Ted's have access to these materials. You can get a free report to check out: tedthomas.com/freereport - Ted Thomas Team

does tx wipe out mortgages on tax defaults. or am i liable for the previous owners mortgage if any?

@Ted-Thomas

2 жыл бұрын

Thank you Isabel for your question. In Texas if the process is completed- by that I mean you bought the tax deed at auction and the property owner has 180 days to pay you off, if they don’t pay you off and the sale is completed, the mortgage will be wiped out.

If I buy over the counter certificates what should I do with it? How will it generate money?

@Ted-Thomas

3 жыл бұрын

First, check the auction rules so you know the full process and the redemption period. After you purchase a tax lien certificate - you wait. This is a passive investment so you wait for the property owner to redeem, or pay the back taxes and then you collect a check. Find out more about tax lien certificates with this free mini-course tedthomas/gifts

Where could I find your books and guides ?

@Ted-Thomas

2 жыл бұрын

Hi Edward, you can check out my one-day workshop for only $47 - tedthomas.com/1dayworkshop

Great video. How do I sign up for the course!

@Ted-Thomas

Жыл бұрын

Hi Reina, we host a one-day workshop every month. It's a great place to start learning tedthomas.com/1dayworkshop

Mr. Thomas, How is the interest compounded in the state of Florida for these tax certificates?

@Ted-Thomas

Жыл бұрын

Yearly - Ted Thomas Team

In Pinellas county, FL the certificates are auctioned once a year and often bid down to 0.25% according to the tax assessor's website. Why would someone want to tie up their money for only 0.25% ?

@Ted-Thomas

Жыл бұрын

Thank you for your question. There are multiple answers here. The first answer is if the people own the tax certificate and nobody pays they will end up with the property. The second reason is if the people come in and pay early the tax lien certificate holder can make 5% even though they bid down the .25%.- Ted Thomas

@jayjohnson8963

Жыл бұрын

@@Ted-Thomas Hi Ted, thank you for your timely reply. In Pinellas County, FL, the holder of the tax certificate can not foreclose on the property. They can request the property be sent to auction. At the auction, the holder of the certificate has not control or advantage over other bidders.

What is the NAICS code for creating an LLC for tax lien investing

@Ted-Thomas

Жыл бұрын

Thanks for asking the question. Why don’t you ask the NAICS maybe they can tell you. I am not an attorney, CPA, or a broker. - Ted Thomas

If I have an investment property, but want to 1031 exchange for one at a tax lien auction, is there a way I could collateralize my investment property into some sort of hard money loan to buy the tax lien property? Where can I start to do research on this if possible?

@Ted-Thomas

2 жыл бұрын

I am confused about your question. The exchange rules are generally “exchange” like property for another like property, give me a little more detail on your refers on “collateralizing”

How long does the homeowner have to buy back the tax lien for you?

@Ted-Thomas

3 жыл бұрын

Hi Natasha, Every state and every county has different rules. You would want to check the county auction rules to find out the redemption period and the auction process. We have lots of shortcuts and tools to use... check out tedthomas/gifts for a free mini-course to learn more about this investment opportunity

Hi Linda thank you answering some the questions I had with you today. Please send me the link or subscription page for Ted Thomas interactive tax lien & deed auction calendar once you go live. Thanks Nick Sek

@Ted-Thomas

Жыл бұрын

Hi Nicholas, here you go! taxlientaxdeeds.com/

There’s someone I know who isn’t paying their property tax in Brevard. How do you buy a specific tax certificate?

@Ted-Thomas

2 жыл бұрын

Hi Scott, you will need to look up the information on the county records. You can see if the taxes are delinquent and you will see if a notice has been issued letting them know of a tax lien certificate auction. - Ted Thomas Team

What about Oklahoma going into 2023? Same method but different based on location?

@Ted-Thomas

Жыл бұрын

Hi, things can change that will be up to the individual counties. Same method can be applied to any county in the US - Ted Thomas Team

i have a question , im in dade county , how can get the property if when you submit a deed aplication after buying the lien certificate and the owner did not pay , the county send the deed to auction?

@Ted-Thomas

Жыл бұрын

Hi Alejandro, after the redemption period of the tax lien certificate the county will hold a secondary tax default auction to auction off the tax deed to that property - Ted Thomas Team

How do I research whether the federal govt. or a local municipality has a lien on the property?

@Ted-Thomas

Жыл бұрын

Hi, that information is provided in the public records, known as the county records. - Ted Thomas Team

If you wind up getting getting house via tax liens or tax deed, is they're closing cost when purchasing? If so, is it done by percentage of the property appraised value, or percentage of the value of the lien/deed?

@Ted-Thomas

2 жыл бұрын

Thank you for your question. If you go to the auction the auctioneer will state a price and following that, if you are the winner and the taxes have been paid, of course the county will find some ways to charge some small fees for the paperwork. Regarding closing cost, those usually are terms that are used in regular real estate when they balance out the taxes, insurance, brokerage commission and attorney fees.

@devpatel2842

11 ай бұрын

So if you get it via tax lien you still have to pay a certain amount by the auctioneer?? Even thought you paid the tax lien?

Sent for it long ago.

@Ted-Thomas

Жыл бұрын

Hi Ron, what do you mean?

@ronald1111

Жыл бұрын

Wqed thieves

What about other liens against the same property that is on the tax lien property? How do you find out about this?

@Ted-Thomas

Жыл бұрын

Hi Charlie, to locate other liens on the property you would to research in the county records for anything recorded on the property - Ted Thomas Team

How to you get online to buy tax liens? The auctions

@Ted-Thomas

Жыл бұрын

Hi April, you could go to lienhub.com

How are profits from liens & redeemable deeds taxed? Capital gains? Interest/portfolio? Active/ordinary income? Like assuming you did this through an LLC or S-LLC. I can't find a way to ask the question in search without confusing google and getting irrelevant answers. Thanks

@Ted-Thomas

Жыл бұрын

Thank you for your question! I am not a CPA or attorney or registered advisor. Tax lien certificates are usually considered ordinary income but talk to an account or professional. - Ted Thomas

Income from tax liens considered taxable income?

@Ted-Thomas

Жыл бұрын

Thanks for your question. Income is income, whether it comes from your employer, tax liens, or interest from the bank. - Ted Thomas

how do i find out lien certificate has mortgage on it?

@Ted-Thomas

3 жыл бұрын

Thanks for watching! You would search the county records for that property. Mortgages are recorded and there will be records available at the county offices. If you want a free mini-course to learn more visit tedthomas.com/gifts

Hi Ted thanks for the video, If I buy a tax lien and the owner fails to pay, it sounds like there are 3 possible scenarios ? 1) The bank can find out and foreclose 2) The county can decide to take control of the property 3) The owner pays taxes and I get my investment back. My 1st question is ... 1) Do I have those 3 scenarios correct 2) Are there any other potentials paths it can take ? 3) How long before the county decides to take control ? I'm guessing this depends on the country ?

@Ted-Thomas

Жыл бұрын

Hi Paul, when an owner fails to pay the property tax, and it is a tax lien certificate state, you will purchase the certificate at auction for a specific interest rate. That certificate will have a redemption period where the owner has 2-3 years (Depending on the state) to come in and pay the taxes or you could foreclosure on the property. During that time there are multiple notices that go out to any lender/ mortgage company to let them know the property is in default due to unpaid property tax. At that time the bank or the homeowner can come in and pay the taxes to the local government, which in turn the local government (treasurer, tax collector, etc) will send you a check for your full amount invested plus intertest. Typically the interest is accrued annually. I hope that helps - Ted Thomas Team

How do I get the listing online I really want to get into this ASAP But when I buy lein how long does it take for me to take ownership of the property

@Ted-Thomas

Жыл бұрын

Hi David, The redemption period ranges from state to state. In Arizona for example is 3 year redemption period. In Illinois the redemption period is 2 years. - Ted Thomas Team

If the owner does not pay the taxes and you get the property, does the mortgage come with it as well in the state of Georgia?

@Ted-Thomas

3 жыл бұрын

Hi Natalie... Georgia is a redeemable deed state where the owner sells the deed to the property and the property owner has one year to redeem which means they would need to pay the back taxes plus the 20% penalty. At this point, if the property owner does not pay you can hold off another year or longer and the penalty increases each year or you can petition to gain ownership of the property. If the property owner doesn't pay, you get the property with no mortgage. You would want to check the county website for the specific county in question to find out the rules and the process to follow, it can vary from county to county. Always check the rules! Here is another video to watch about Georgia kzread.info/dash/bejne/gKmWvM-IY9iwdMY.html and if you'd like a free mini-course to learn more visit tedthomas.com/gifts

Thanks for the info Ted! Question for you, I am looking at a property in an upcoming foreclosure auction in NJ, after a little research it looks like the foreclosure is for the tax sale certificate, its been 2 years, and after driving by the property it's definitely vacant. Will the auction price start at the price of the tax sale certificate with whatever the interest rate is or is the owner of the tax sale certificate getting the property at auction and it won't be available for bid during the auction.

@Ted-Thomas

2 жыл бұрын

Hi Steve, Hi, #1 thank you for the question. #2 good question, the first thing you need to determine is, is it a tax lien certificate auction or is it a tax defaulted property auction? New Jersey starts with tax lien certificates and then you need to research if New Jersey automatically gives them the property or do they have another auction. In other words, if the taxes were not paid does the statue state that the holder is the automatic winner of the certificate, which would be the case… Or you may be looking at an auction where no one purchased the tax lien certificate and now the government is selling the tax deed or ownership of the property, it could be any of those scenarios and the way to find out is go to the county records and go online at the records or on in person and study the statue. Everyone has to do the same thing because New Jersey is such an over governed state with approximately 30 counties and over 500 municipal taxing districts. I doubt if anybody knows the rules in all of them. Thank you for your question, here is a free report you can check out: tedthomas.com/freereport

@stevemuni

2 жыл бұрын

@@Ted-Thomas thanks for getting back to me I appreciate your insight, also looking forward to this Saturday’s workshop! The county records show a bank or investment group recording tax sale certificates since 2016. Documents from 2018 show a tax sale certificate foreclosure (notice of lis pendens) and now it’s on a list of sheriff sale foreclosures in the county next month and the bank is named as the plaintiff . Do you think this is something that can be bid on by anyone in attendance at the auction or at the auction the auctioneer will be awarding the property to the plaintiff aka the bank . Estimated judgement according to the county is 68,000$ which would line up with the total tax owed with interest

Hi , I need some help in understanding NJ tax liens process. I got few properties through tax sale investment in NJ last month. Qn1- How to get the lien recorded. In New Jersey we have to get the lien recorded by the county. Anybody has any experience how to do that. If we have to mail the tax certificate to county, do we mail them original certificate to get the lien recorded ? Qn2- When is the best time to pay the Subs(Subsequent dues) , should I wait till end of year or immediately start paying the subs. Qn3- How do I pay subsequent dues, Does anybody has any sample of affidavit that has to be attached with it. Need your kind help in above mentioned 3 questions. Questions are for NJ tax sale investing.

@Ted-Thomas

Жыл бұрын

Hi Sarang, New Jersey is different than most other states, each municipality conducts its own tax sales - that is 566 auctions! I recommend contacting the specific municipality you are interested in with your questions. Here is the state statue to read more about their procedures. - New Jersey Statutes > Title 54 > Chapter 5 - Tax Sale Law ~ Ted Thomas Team

I am in orlando fl and I need some help

@Ted-Thomas

2 жыл бұрын

Hi Anganie, What do you need help with? Thanks for reaching out, here is a free report you can read: tedthomas.com/freereport

Hi dear Ted I am living in Brazil interested in your course how can I apply for your course? Pls guide me. Thank you. Ricardo

@Ted-Thomas

2 жыл бұрын

Start by going to my web site www.tedthomas.com and signing up for the Special Insider's Report and you'll begin your journey.

Nice video Ted how to get your 1 hour one on one tutorial? How to become your client so I can purchase my first lien certificate or deed Thanks

@Ted-Thomas

Жыл бұрын

Hi, we do not give out the one hour class anymore but here is a free report you can read : tedthomas.com/freereport

How long do I have to pay the taxes on the lien before I see any profit

@Ted-Thomas

2 жыл бұрын

Thanks for your question. You'll have to tell me which state you are talking about, each state is different. Here is a free mini course for you... tedthomas.com/gifts

For example if i have tax lien certification for 2024. Next year someone else got certificate. Now the second person with certificate file for tax deed. If sale happened from tax deed, does that pay my certificate amount and interest or i will loose my investment.?

@Ted-Thomas

3 ай бұрын

Great question, The subsequent certificate buyer can buy you out and you will receive your money back plus the interest you bid. - Ted Thomas

so how do i get those gifts at the end?

@Ted-Thomas

Жыл бұрын

tedthomas.com/gift

Can the county put a tax lien on unregistered real estate or real estate for which the deed was never recorded with the county?

@Ted-Thomas

2 жыл бұрын

The county already has a lien on the property BEFORE any real estate is built on the property. The county owns the very first lien, any lien after that is a subsequent lien and JR to the county. So if someone came along and built a house they would have a JR. or second lien.

@User0player1

Жыл бұрын

@@Ted-Thomas where is the breech of contract that would justify a lien from the "county" guy?

Question what if I’m from NC? And u buy a tax certificate from another state

@Ted-Thomas

Жыл бұрын

Hi Adrian, I am not sure what your question is but you can invest in any state in the United States even if you do not live there. - Ted Thomas Team

Let's go🎉🎉

@Ted-Thomas

Жыл бұрын

🎉tedthomas.com/freereport

if you buy the tax lien and get the property do you own it at the price you paid the taxes for?

@Ted-Thomas

Жыл бұрын

Thanks for asking the question. If you purchase a property at a tax defaulted auction within so many days as determined by the county you will receive a deed to the property as the new owner. - Ted Thomas

Are you familiar with the rules in Michigan? Do you Mentor?

@Ted-Thomas

2 жыл бұрын

Yes I am familiar, check out this article on Michigan: tedthomas.com/portfolio/video-is-michigan-a-tax-lien-state/

are the auctions for the tax certificates or the liens?

@Ted-Thomas

Жыл бұрын

Hi Rose, I think you are a bit confused - half the counties sell tax lien certificates. Here is more information: tedthomas.com/what-is-tax-lien-certificate-investing/

What is adjusted value on auction listings?

@Ted-Thomas

2 жыл бұрын

Hi Bri, Thank you for your question, I have been to many auctions I don’t know what adjusted value means but I can tell you that many times the auctioneer would use what’s called an assessed or taxed value, be very cautious when buying at auctions, do you own appraisals, do you own comparisons with MLS, do comparisons with Zillow, and do comparisons in the neighborhood so you are comfortable with value. The tax collector means well when they put an assessed value but the markets change rapidly. In the 90’s Los Vegas lost property values sometimes 10% a month. In the same 90’s Seattle gained value sometimes 20% a year.

@SuperBri31

2 жыл бұрын

@@Ted-Thomas i live in Texas.. i visited the county website and the auction showed listing for starting bid amount and a total for adjusted value. Its my first time researching tax liens. Im interested in learning more. Thank you so much for replying

I live In NWI north West Indiana I would like to do this I am retired got plenty of time

@Ted-Thomas

Жыл бұрын

Hi Sam, great! Here is an article you might enjoy regarding Indiana - tedthomas.com/new-bill-in-indiana-legislature-indiana-tax-sale/

Is there a way to find tax lien properties before they go to auction?

@Ted-Thomas

2 жыл бұрын

Hi Lisa, Yes! The Treasurer's website/ office will have a list of upcoming properties and dates for when the next auction will be held. - Ted Thomas Team

@kocoskreationz1869

2 жыл бұрын

@@Ted-Thomas Will they also have a list of the leftovers?

I’m sitting on my rusty dusty right now learning from you 🤪

@Ted-Thomas

2 жыл бұрын

🤣

About how long is the turnaround time to receive you’re money back

@Ted-Thomas

2 жыл бұрын

Hi Samone, Impossible to answer, someone could pay their taxes the next day and you get your money back plus a small percentage. The point is, when you buy a tax lien certificate you want it to stay outstanding as long as possible because it is amortized across 365 days a year. Thank you for your question! Here is a free gift ---> tedthomas.com/freereport

Is it possible to buy tax lien online if u are not resident or citizen of USA

@Ted-Thomas

Жыл бұрын

Yes!

Thanks for passing this on bro

@Ted-Thomas

2 жыл бұрын

No problem 👍

this is mind blowing!! What happens to the Mortgage if you pay the taxes and get a deed and buy the house in auction?

@Ted-Thomas

2 жыл бұрын

Hi Amy...The lender will still have a mortgage note with the property owner but in most cases it is extinguished from the property by the tax sale. Of course, always check the auction rules for the state and county in which you plan to invest as the laws and rules from state to state and county to county will be different. If you want to find out more details you can get a free mini-course at tedthomas.com/gifts

When you say auction. You are buying taxes owed or what are you really trying to buy. Sorry Im just trying to learn

@Ted-Thomas

2 жыл бұрын

Hi Mauro, when you purchase tax lien certificate, you are paying the delinquent taxes on a property. 95% of all tax lien certificates will redeem giving you a high-interest rate in return (different state by state) OR you get the properties. - Ted Thomas Team