The REtipster Podcast | Real Estate Investing

Ted Talks: Tax Liens, Tax Deeds, and You w/ Ted Thomas

Oct 29, 2024

Ted Thomas, a bestselling author and expert in tax liens and deeds, shares his wealth of knowledge from decades in real estate investing. He breaks down the differences between tax liens and tax deeds, emphasizing the importance of due diligence. Ted explores the potential profits from tax-defaulted properties, with earnings that can reach $50,000 after expenses. He also discusses successful bidding strategies in auctions and highlights the critical need for education to navigate this complex but rewarding investment landscape.

51:22

Episode guests

Ted Thomas

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Episode notes

Podcast summary created with Snipd AI

Quick takeaways

Understanding the difference between tax liens and tax deeds is essential for making informed investment decisions in real estate.

Conducting thorough due diligence on properties and their neighborhoods significantly mitigates risks associated with tax lien investments.

Continuous education and mentorship from experienced investors are crucial for mastering the complexities of tax lien and tax deed investing.

Deep dives

The Impact of AI on Business

AI is rapidly transforming the business landscape, becoming essential for future success rather than just a helpful tool. Businesses that adapt to these technological advancements will likely thrive, while those that resist change may find themselves at a disadvantage. This shift is particularly relevant in the real estate industry, where innovative strategies are emerging due to AI integration. A proactive approach to learning and adapting is crucial for anyone looking to stay competitive in this evolving environment.

Intro

3min

Understanding Tax Liens and Deeds

8min

Exploring Profits in Tax-Defaulted Property Investments

5min

Navigating Land Investments: Auction Strategies

17min

Navigating Tax Liens and Deeds

11min

Navigating the Tax Lien Business

5min

Wrapping Up with REtipster Insights

2min

196: Today's guest is Ted Thomas.

(Show Notes: REtipster.com/196)

Ted is a maestro in tax liens and tax deeds, an area of real estate investing with many fascinating parallels to the land flipping business—with a few important differences.

Today, we will explore the ins and outs of tax lien and tax-defaulted property investing. Ted is going to share his decades of experience in this niche and the exact strategies he uses to find and close these deals.

Whether you're an experienced real estate investor looking to expand your portfolio or you're just getting started and eager to learn, there's a ton to unpack here. Ted's expertise will shed light on the strategies, potential pitfalls, and the strategies needed to succeed in this complex yet rewarding space.

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