Tax Lien Investing for Beginners (The Absolute Basics)

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  • Опубліковано 9 січ 2025

КОМЕНТАРІ • 101

  • @Ted-Thomas
    @Ted-Thomas  9 місяців тому +18

    This comprehensive FAQ is key to getting started in the world of Tax Lien Certificates. Interested in getting one step closer? Get free access to this wonderful gift: tedthomas.com/ytl-27346/

    • @lovepeace6374
      @lovepeace6374 7 місяців тому +4

      I bought the ebook on Kindle but the links don't work

    • @speakfreesaveamericanow7734
      @speakfreesaveamericanow7734 7 місяців тому

      Hello I new to your channel I'm a little confused about if you buy the lein certificate & do not own the property & I pay their back taxes how am I making money?

    • @pbizo2x4
      @pbizo2x4 3 місяці тому

      TED'S THE MAN

  • @TheBigTopNinja
    @TheBigTopNinja 9 місяців тому +62

    Hi Ted, I'm 18 years old finding out about buying tax lien certificates. I think you may have just changed the trajectory of my life forever. Thanks, very helpful

    • @Ted-Thomas
      @Ted-Thomas  9 місяців тому +5

      Thank you for your kind words! Make sure to check out this link, you can sign up for FREE to access information on all 50 states, along with a calendar highlighting upcoming auctions in your chosen state! tedthomas.com/freeytl/

    • @petrasosa8277
      @petrasosa8277 8 місяців тому

      This is so helpful thank you so much for this awesome information sr.

    • @driayoung710
      @driayoung710 8 місяців тому +2

      ​@Ted-Thomas ok. Step 1 buy certificate from online or county tax assessor? Step 2 Get the certificate and keep for 2-3 years. After that time you will either be allowed to participate in an auction or receive your money back you paid for the certificate plus interest of 18%, I'm in Broward County FL. Been interest in this for atleast 8-9 years. Always on the site but get out bidded. Can the tax liens be bought on site or I have to go to Tax Assessor ofc here in South FL?

    • @daimu7971
      @daimu7971 7 місяців тому +1

      @@Ted-Thomaslol

    • @kyrellwilliamson4665
      @kyrellwilliamson4665 4 місяці тому +1

      I wish I figured this out at 18!

  • @kierratillman3202
    @kierratillman3202 Місяць тому +3

    I've seen properties that are "worthless" but the taxes owed is only like $900, and post redemption period... the house is yours once you pay the taxes...it can be renovated

  • @HelloCurve111
    @HelloCurve111 4 місяці тому +6

    The maximum is 18%. You bid against other buyers & the rates keep getting lowered. The good properties are usually under 5%.

  • @kdotv09
    @kdotv09 27 днів тому

    Ted I must say, hands down!!! You are a phenomenal teacher!!! Thank you for being you!!! I am so inspired by the truth and grateful for your delivery and admonitions to release stress through genuine love, compassion, integrity, and last but never least, outstanding Character!
    Thanks Mr. Ted Thomas!!!

    • @kdotv09
      @kdotv09 27 днів тому

      True Angels , truly defining while doing the work of the most High God!

  • @fjstubotubo
    @fjstubotubo 3 місяці тому +2

    Your explanation is the best out there.

  • @johnlapaille1390
    @johnlapaille1390 8 місяців тому +6

    2 questions:
    1. how do homestead exemptions affect tax deed sales?
    2. do redeemable tax deed auctions in Texas & Florida wipe out mortgages?

    • @Ted-Thomas
      @Ted-Thomas  7 місяців тому

      The homestead laws in each state are different, the homestead filing will not prevent a tax auction - the auction will still take place. The laws in Florida and Texas are similar however different… the redeemable deed ultimately if the property is not redeemed the mortgage will be wiped out in Texas. - Ted Thomas

  • @Vejitasei
    @Vejitasei 2 місяці тому +2

    If there's a 3 year redemption period, and the home owner doesn't pay year 2 or 3 either, and someone else buys those liens how does property get split at foreclosure? First lien takes it all (and pays off #2 & #3)? A 3 way split? Is there anyway to tell where in this stack I might be?
    Same if the home owner files for bankruptcy? I assume the tax lien is just in the stack or is lost?

    • @Ted-Thomas
      @Ted-Thomas  2 місяці тому

      No the county does not split up the foreclosure. The first certificate holder has first rights to buy the tax lien certificate each year after the initial delinquency which ensures you have the right to foreclose after the redemption period passes. - Ted Thomas Team

    • @Vejitasei
      @Vejitasei 2 місяці тому

      @Ted-Thomas Thank you. But what happens if I'm #2 of 3, or I don't buy years 2 or 3? Q: What happens if 3 different people each own 3 a tax certificate on the same property?
      Thanks in advance. I am signing up for your course this next weekend.

  • @aaliandmya1032
    @aaliandmya1032 5 місяців тому +1

    Wow. Thanks for the video. I thought I was too old to start investing now.

  • @mikitsmikito
    @mikitsmikito 6 місяців тому +4

    I just started watching your videos today and cant stop watching them. Clarification for tax lien certificates, you said you can get money back 2-3yrs on avg, is that the case if say homeowner paid in 3weeks? Im confused on that part.

    • @Ted-Thomas
      @Ted-Thomas  6 місяців тому

      The percent rate on tax liens in annualized, so if the homeowner pays sooner, you will receive your interest based on how long its been outstanding - Ted Thomas Team

  • @juanzapata7701
    @juanzapata7701 Місяць тому +1

    Great videos Tom.. To be clear, if the taxes are not repaid within the redemption period, you can apply for the tax deed, if you don't want to obtain the property you have to wait for the tax deed sale to occur and you receive your money from the proceeds of the sale?

    • @Ted-Thomas
      @Ted-Thomas  Місяць тому +1

      Hi Juan, your question is a bit confusing. With tax lien certificates auctions if the homeowner does not pay back the delinquent property taxes plus interest, than after the redemption period passes, you are the owner of the property. In Florida is the only case where it will go to a secondary auction, a tax deed auction, where the certificate holder will get paid the interest after that second auction has concluded. In any other state though, you would obtain the property from the tax lien certificate that was past the redemption period. I hope that clears some things up! - Ted Thomas Team

  • @RichieRichIIII
    @RichieRichIIII 2 місяці тому

    Very informative vid provided great alpha on an investment most folks don’t know about ✅

  • @XYZ11992
    @XYZ11992 8 місяців тому +2

    OMG !! great explain thank you so much

  • @designzbyjulez9838
    @designzbyjulez9838 2 місяці тому +1

    Love it!!

    • @Ted-Thomas
      @Ted-Thomas  Місяць тому

      Thank you! With this link, you can sign up for FREE to access information on all 50 states, along with a calendar highlighting upcoming auctions in your chosen state! tedthomas.com/freeytl/

  • @peakenterprisesllc9286
    @peakenterprisesllc9286 6 місяців тому

    Appreciate your information Ted thank you so much...

  • @ScratchMoneyLove
    @ScratchMoneyLove 4 місяці тому +1

    If not redeemed, and dont want property, and goes to deed auction, once purchased at auction, would i get paid then? Since tax bill is starting amount of bid?

    • @Ted-Thomas
      @Ted-Thomas  4 місяці тому

      Yes you will get paid as the certificate holder after the tax deed auction! - Ted Thomas Team

    • @ScratchMoneyLove
      @ScratchMoneyLove 4 місяці тому

      Thank you that makes it more safe that it would get paid after second auction

  • @suzanneladue5828
    @suzanneladue5828 4 місяці тому

    Thank You for the video. 'i love this. Very clear.

  • @Lucky-bk6pw
    @Lucky-bk6pw 5 місяців тому

    Questions? What happens to the Mortgage Loans or Liens or judgements attached to the Property? Also the owner doesn’t have to leave the property so what happens?

    • @Ted-Thomas
      @Ted-Thomas  5 місяців тому +1

      Great questions - the mortgage is wiped out! If there are occupants still in the home we teach certain methods to communicate with the occupants to leave, but ultimately you would need to do an eviction. - Ted Thomas Team

  • @Isa-Amor
    @Isa-Amor 8 місяців тому +3

    When you buy this tax lien certificate in order to take ownership if they dont pay do you have to apply for tax deed?

    • @Ted-Thomas
      @Ted-Thomas  8 місяців тому +5

      Yes you need to contact the county for the specific steps to take - Ted Thomas Team

  • @mackjones8409
    @mackjones8409 Місяць тому

    How often do u get full interest ? Why would I care if the top is 18% or 12% if it’s a bid down format? Seems like at the end of the day 5-7%??

    • @Ted-Thomas
      @Ted-Thomas  Місяць тому

      Thanks for your question, the bidding method with tax lien certificates is to bid down the percentage rate, whatever percentage you are willing to accept is what you will receive one the certificate has been redeemed, plus the full amount you invested. It does depend on the competition of the county, to be sure to get the full maximum rate it might be best to look at the over the counter list - Ted Thomas Team

  • @NBnNC
    @NBnNC 4 місяці тому +2

    How can you generate monthly income using this tax lien investing method when it could take 2 to 3 years to get your initial investment and return from the county?

    • @7ai932
      @7ai932 4 місяці тому

      More studying buddy

    • @Ted-Thomas
      @Ted-Thomas  4 місяці тому

      We teach you how to invest in properties that are more likely to redeem,. tax liens are a passive income. I am not sure any other investment that can guarantee you a 25% return or the property - Ted Thomas Team

  • @TvonnM
    @TvonnM 9 місяців тому +2

    Hello Ted I’m 20 years old, live in Pa and have been interested in real estate this definitely opened my eyes to a good way to start it’s just very confusing

    • @Ted-Thomas
      @Ted-Thomas  8 місяців тому +2

      We have a one day virtual workshop that can help you understand the process better, here is a link to check it out: tedthomas.com/1dayworkshop

  • @seyryborjas505
    @seyryborjas505 2 місяці тому

    Do you do in person seminars? I’m interested in start investing in SC tax lien certificates.

    • @Ted-Thomas
      @Ted-Thomas  2 місяці тому

      Yes we do! Our seminars are available to our students. If you are interested in the details please contact us by email at info@tedthomas.com or call our office at 321-449-9940 - Ted Thomas Team

  • @navk963
    @navk963 4 місяці тому

    Where do you find the interest rates for each state/county?

    • @Ted-Thomas
      @Ted-Thomas  4 місяці тому +1

      Hi, that will be stated on the county's Treasurer website, but we have made it easier and all in one state. Here is a list of tax lien certificate states and their interest rate: tedthomas.com/faqs/tax-lien-certificate-states/

  • @thomasherrill4357
    @thomasherrill4357 8 місяців тому +2

    Thank you so much for this life saving information

    • @Ted-Thomas
      @Ted-Thomas  8 місяців тому

      Thank you! With this link, you can sign up for FREE to access information on all 50 states, along with a calendar highlighting upcoming auctions in your chosen state! tedthomas.com/freeytl/

  • @dalensicard1549
    @dalensicard1549 5 місяців тому

    Does anyone know how the collections process works? Is the buyer responsible for collecting the tax money? Or does the county still do the collections on the buyers behalf?

    • @Ted-Thomas
      @Ted-Thomas  5 місяців тому

      The buyer does nothing but wait to hear from the local county! The local county is responsible for collecting the delinquent taxes from the original owner and writing you a check afterword's. - Ted Thomas Team

    • @pristinepersians
      @pristinepersians 2 місяці тому

      ​@@Ted-ThomasWell if I have the property because they didn't pay the taxes, why would they pay now? They didn't have the money.

  • @loletiac.mitchell7570
    @loletiac.mitchell7570 4 місяці тому

    Hi Ted, Can you provide some guidance? I live in Florida and just need to be pointed in the right direction for tax lien certificates and possible tax lien defaults. And do you offer classes in this area? Wanting to generate passive income. Thank you in advance

    • @Ted-Thomas
      @Ted-Thomas  4 місяці тому +1

      Hi, yes we have a one day virtual workshop which discusses Florida tax lien certificates. The tax lien auction in Florida happens every year in the month of May and June. I encourage you to sign up for our virtual workshop, here are the details: tedthomas.com/1dayworkshop

  • @camilledukens9330
    @camilledukens9330 7 місяців тому

    Thanks for this video

  • @dedeisblessed
    @dedeisblessed 3 місяці тому

    When you purchase the tax lien is the home still occupied by the owner or empty? I’m assuming if there is a 2-3 yr redemption period that it is still owner occupied right?

    • @Ted-Thomas
      @Ted-Thomas  3 місяці тому

      Yes it can be owner occupied - Ted Thomas Team

  • @tuff47
    @tuff47 6 місяців тому

    Dear Mr. Ted Thomas, I am on social security and don't have much investment capital. How much money would I need to get started?

    • @Ted-Thomas
      @Ted-Thomas  6 місяців тому

      Tax liens start as low as $50 - however a good recommendation is to have a few thousand dollars to get started. - Ted Thomas Team

  • @MelindaDelgado-g1n
    @MelindaDelgado-g1n 3 місяці тому

    Ted over the county liens are they worth buying

    • @Ted-Thomas
      @Ted-Thomas  3 місяці тому

      Yes, as long as you do your proper due diligence! - Ted Thomas Team

  • @limitlessmoney932
    @limitlessmoney932 4 місяці тому

    This is very interesting!

    • @Ted-Thomas
      @Ted-Thomas  4 місяці тому +1

      Thank you! Make sure to grab your Free Calendar of Tax Sale Properties up for Auction & Ted's Vital Insider's Report Here. tedthomas.com/freeytl/

    • @jb3enterprises602
      @jb3enterprises602 2 місяці тому +1

      I am John Brown you have spoken many times about your calendar once you join. I spoke with Lance. He showed your calendar once and I can't see it anymore. How do I get your midget calendar so I can use it..thank you John Brown

  • @jeo17ify
    @jeo17ify 8 місяців тому +1

    Thank you !

    • @Ted-Thomas
      @Ted-Thomas  8 місяців тому

      Thank you! With this link, you can sign up for FREE to access information on all 50 states, along with a calendar highlighting upcoming auctions in your chosen state! tedthomas.com/freeytl/

  • @mayrajimenez4763
    @mayrajimenez4763 4 місяці тому

    good information

  • @RealMe-k5r
    @RealMe-k5r 4 місяці тому

    How do you qualify to get the deed when they don't come get the certificate?

    • @Ted-Thomas
      @Ted-Thomas  4 місяці тому

      The county you invested in will have the specific instructions to follow - Ted Thomas Team

  • @lyfemultimedia
    @lyfemultimedia 8 місяців тому

    Thanks for the insight Ted 👍🏽

    • @Ted-Thomas
      @Ted-Thomas  8 місяців тому

      Thank you! With this link, you can sign up for FREE to access information on all 50 states, along with a calendar highlighting upcoming auctions in your chosen state! tedthomas.com/freeytl/

  • @lindaellis6937
    @lindaellis6937 3 місяці тому +1

    We don't have newspapers anymore. When was this video made? So you're supposed to drive all over the county? How can you can into the country club grounds. How could the average person own these properties and then afford to pay the ins and prop taxes?

    • @Ted-Thomas
      @Ted-Thomas  3 місяці тому +2

      This video is recent, still till this day, by law, they must publish in the local newspaper. However, nowadays the list is available online through the County Treasurer office. - Ted Thomas Team

    • @AT-zl6dk
      @AT-zl6dk Місяць тому

      The newspaper 🗞️ are online now 🙂
      I’m Lake Charles but live in Texas still read American press 🥹

  • @deedeemccall5786
    @deedeemccall5786 5 місяців тому

    I think your subscribers should all watch/rewatch the 1939 movie, 'Gone with the Wind.' The million dollar question in the movie is "How we ever gonna pay the taxes on Tara?" and what Miss Scarlett had to do to prevent the Yankee overseer and his sleazy wife from getting their hands on her ancestral home.

  • @josephsullivan1672
    @josephsullivan1672 4 місяці тому +1

    Do y6ou teach Tax Deed also

    • @Ted-Thomas
      @Ted-Thomas  4 місяці тому

      Yes we do! - Ted Thomas Team

    • @jaunbonaysmith
      @jaunbonaysmith 4 місяці тому

      ​@@Ted-ThomasI'm interested in Tax Deed

  • @jasontate-jd3gk
    @jasontate-jd3gk 7 місяців тому

    How is lake county indiana tax leans?

    • @Ted-Thomas
      @Ted-Thomas  7 місяців тому +1

      Learn how Indiana tax sale work here: ua-cam.com/video/LsEFs7uqzbA/v-deo.html

  • @realtormichelejones
    @realtormichelejones 8 місяців тому

    So if I buy a tax lien certificate on a home and the owner doesn't pay their taxes in the next couple years, do I get the property or do I lose my money?

    • @Ted-Thomas
      @Ted-Thomas  8 місяців тому +8

      No - if you don't get paid on the tax lien certificate you get the property

    • @FlordelizaEspiga
      @FlordelizaEspiga 7 місяців тому +3

      And if the homeowner continues to live there. How about the squatters rights

    • @PinkLady7752
      @PinkLady7752 7 місяців тому +1

      @@FlordelizaEspiga Good question - Following

    • @tandiwright675
      @tandiwright675 7 місяців тому

      ​@FlordelizaEspiga yes great question I want to know his response to this question.

    • @greatcondor8678
      @greatcondor8678 6 місяців тому +4

      You are responsible for all the hell that follows

  • @Ronnie-mi6gl
    @Ronnie-mi6gl 4 місяці тому

    Cool investing

  • @RuthGonzalezRealtor
    @RuthGonzalezRealtor 5 місяців тому

    excellent

  • @sshumkaer
    @sshumkaer 6 місяців тому

    My question is. Did TAX Investing Guru John Lane Die? You never here about him anymore

    • @Ted-Thomas
      @Ted-Thomas  6 місяців тому +1

      Im not sure about that!

    • @sshumkaer
      @sshumkaer 6 місяців тому

      @Ted-Thomas you know who I'm talking about though? Years ago he had an active UA-cam channel website to find deals, live UA-cam nights.

  • @wadefatt739
    @wadefatt739 2 місяці тому

    Once you pay the tax Lien do you own the house.

    • @Ted-Thomas
      @Ted-Thomas  2 місяці тому

      No, you do not have rights to the home with a tax lien certificate. Only tax deed auctions grant you the deed and ownership. - Ted Thomas Team

  • @dyvon
    @dyvon 4 місяці тому

    I kinda wished this whole thing began with the "Wait til you have about $5,000.00 to start" part. Good day, America. 😫

  • @me.butchee
    @me.butchee 5 місяців тому

    Thank you Ted. Where is the link to start your training for this?

    • @Ted-Thomas
      @Ted-Thomas  5 місяців тому +1

      Hi! Here is the link to our virtual workshop: tedthomas.com/1dayworkshop