Welcome to the channel! No one provides more comprehensive training on how to buy and sell tax defaulted property than the Ted Thomas team. If you’re serious about securing your financial future with real estate, you can get started today with this Free Gift at tedthomas.com/free
Hi Mr. Thomas, I just became a subscriber of your channel, you are so great , this is better than being a salesperson or even a realtor. But there's one state I am particularly interested in, Hawaii, because after the tax sale, there is no redemption chance or the Ex landowner, What is your opinion on Hawaii ?, particularly Oahu and Kauai.
Thanks for asking your question and thank you for the compliments! There is no way you would know about this but I have spent many months in the Hawaiian islands as I worked formally for Aloha Airlines as a pilot. The tax lien certificate and tax deed business in Hawaii is alive and well, however, it is massively aggressive because of the small amount of actual defaulted properties. I have had successful clients on Hawaii and Maui and some close calls in Oahu. I am just telling you like it is. The wise investor follows the auctions however in Hawaii, there is a number of brokers following the auctions and when people default they go buy the property. your alternative plan should be the same program that we recommend in the mainland and learn how to do this online. More than 60% of this year's clients have purchased online and resold using online techniques. - Ted Thomas
when a bidder wins the bid on buying the tax deed, (tax is $5000.00 and winning bid is $40,000) if home owner pays his tax within a year, how does the winner of the tax deed that spent $40,000 gets his 40k back?
IF THE PROPERTY DOES NOT SELL, THE TAX CERTIFICATE HOLDER IS REQUIRED TO TAKE DEED TO THE PROPERTY. IF THE PROPERTY IS NOT SALEABLE, THE CERTIFICATE HOLDER LOSES THE ENTIRE TAX CERTIFICATE INVESTMENT. BUYER BEWARE. Know what you are purchasing.
I recommend buying a tax lien certificate in those counties, here is a link where Florida hosts online tax lien auctions: lienhub.com - Ted Thomas Team
Welcome to the channel! No one provides more comprehensive training on how to buy and sell tax defaulted property than the Ted Thomas team. If you’re serious about securing your financial future with real estate, you can get started today with this Free Gift at tedthomas.com/free
Is there another date for the virtual workshop... unfortunately I will be on Vacation but really want to attend this
If I get the property and the owner's are still there, who's responsibility is it to remove the occupants? The county? Me?
Sometimes the county will take responsibility, but most of the time is it up to you (the new owner) to remove the occupants. - Ted Thomas Team
Great info coach, thank you
Glad it was helpful!
Hi Mr. Thomas, I just became a subscriber of your channel, you are so great , this is better than being a salesperson or even a realtor.
But there's one state I am particularly interested in, Hawaii, because after the tax sale, there is no redemption chance or the Ex landowner, What is your opinion on Hawaii ?, particularly Oahu and Kauai.
Thanks for asking your question and thank you for the compliments! There is no way you would know about this but I have spent many months in the Hawaiian islands as I worked formally for Aloha Airlines as a pilot.
The tax lien certificate and tax deed business in Hawaii is alive and well, however, it is massively aggressive because of the small amount of actual defaulted properties. I have had successful clients on Hawaii and Maui and some close calls in Oahu. I am just telling you like it is.
The wise investor follows the auctions however in Hawaii, there is a number of brokers following the auctions and when people default they go buy the property. your alternative plan should be the same program that we recommend in the mainland and learn how to do this online. More than 60% of this year's clients have purchased online and resold using online techniques. - Ted Thomas
I can sense the Hawaii in you Ted, just appreciating your colorful shirts 👌
when a bidder wins the bid on buying the tax deed, (tax is $5000.00 and winning bid is $40,000) if home owner pays his tax within a year, how does the winner of the tax deed that spent $40,000 gets his 40k back?
Hi, with a tax deed you do not earn interest. Here is a blog that might help you understand: tedthomas.com/tax-deed-vs-tax-lien/
I want to get one of those three hundred dollar houses so I can live in it.
IF THE PROPERTY DOES NOT SELL, THE TAX CERTIFICATE HOLDER IS REQUIRED TO TAKE DEED TO THE PROPERTY. IF THE PROPERTY IS NOT SALEABLE, THE CERTIFICATE HOLDER LOSES THE ENTIRE TAX CERTIFICATE INVESTMENT. BUYER BEWARE. Know what you are purchasing.
I have 4000 and I’ve been looking for something to invest in.. would I be able to do this with such little money in Orlando/Kissimmee area?
I recommend buying a tax lien certificate in those counties, here is a link where Florida hosts online tax lien auctions: lienhub.com - Ted Thomas Team
So you are basing your sale value off the tax assessors value and not comps?
Yes, the tax assessed value is a trusted source - Ted Thomas Team
I’m very interested to buy your courses
After buying a tax deed, how n where do you sell it
Check out this article on selling: tedthomas.com/selling-tax-defaulted-properties-marketing/
@@Ted-Thomas thank you
Wsop
Hello, is the auction calendar updated weekly or monthly? Thanks
Daisy
Hi, it updates daily when the county releases its list! - Ted Thomas Team