Welcome! Congratulations for finding what many experts deem to be the best way to invest in real estate. What else is so safe and yields such high profits? Where else could you begin investing without much money? Learn more and get this Gift (It’s Free! So you’ve got nothing to lose and so much to gain): tedthomas.com/free
In Florida, on the county assessor page for Orange county is specifies tax liens don't transfer properties. However if they don't redeem can you still proceed with foreclosing?
Hey Ted, could you talk about country strategy? Large vs. Small? Large has a ton more competition, Small counties not so much, but can you still get a good deal at a large auction like Harris or Travis Counties in Texas? Do you recommend beginners just stay in very small counties to avoid the sharks at the larger county auctions?
Great video idea. I recommend when starting out to start in your local area. It is a good idea to start in a small populated county to avoid big competitors. A good strategy is to do the opposite of what most people are doing! - Ted Thomas Team
Yes there can be other liens before and could be other liens after. For example in Arizona they sell tax lien certificates over a period of years. Your second question is: How are those handled in the case of foreclosure on the oldest lien? Unpaid property taxes that go into foreclosure will be foreclosed on due from date and time. - Ted Thomas
Mr Ted if i am going to foreclose the property how much does it cost me to issue deed or quit ? because if i pay too much for the attorney that means i am the looser. I paid tax lien + attorney fees + county fess and someone has bided in the auction and got the property !! is that make sense ?
in some instances I have seen quiet title for $3,000- $4,000. In other instances where it was complicated it was double that number. You need to have an exit strategy in place before you buy at auction, so you leave room for these extra costs as well as leaving room for profit margin. - Ted Thomas
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Welcome! Congratulations for finding what many experts deem to be the best way to invest in real estate. What else is so safe and yields such high profits? Where else could you begin investing without much money? Learn more and get this Gift (It’s Free! So you’ve got nothing to lose and so much to gain): tedthomas.com/free
I am learning plenty just from RUclips videos and excited to learn more and take the course.
Mr. Ted, very informative you are the best.
Thank you! 😁
Look at the rules in every auction. I take you find that information online on the county website.
Yes you are correct!
In Florida, on the county assessor page for Orange county is specifies tax liens don't transfer properties. However if they don't redeem can you still proceed with foreclosing?
Here is how Florida tax deeds work: tedthomas.com/florida-tax-deed-sale/
Hey Ted, I'm new to this. I may come into some money soon and I'd like to make it work for me. Your advice is giving me some ideas, thanks.
Hey Ted, could you talk about country strategy? Large vs. Small? Large has a ton more competition, Small counties not so much, but can you still get a good deal at a large auction like Harris or Travis Counties in Texas? Do you recommend beginners just stay in very small counties to avoid the sharks at the larger county auctions?
Great video idea. I recommend when starting out to start in your local area. It is a good idea to start in a small populated county to avoid big competitors. A good strategy is to do the opposite of what most people are doing! - Ted Thomas Team
@@Ted-Thomas Thanks!
Ted, can there be other tax liens before and after the lien that I purchse? How are those handled in the case of forclosure on the oldest lien?
Yes there can be other liens before and could be other liens after. For example in Arizona they sell tax lien certificates over a period of years. Your second question is: How are those handled in the case of foreclosure on the oldest lien? Unpaid property taxes that go into foreclosure will be foreclosed on due from date and time. - Ted Thomas
Mr Ted if i am going to foreclose the property how much does it cost me to issue deed or quit ? because if i pay too much for the attorney that means i am the looser. I paid tax lien + attorney fees + county fess and someone has bided in the auction and got the property !! is that make sense ?
in some instances I have seen quiet title for $3,000- $4,000. In other instances where it was complicated it was double that number. You need to have an exit strategy in place before you buy at auction, so you leave room for these extra costs as well as leaving room for profit margin. - Ted Thomas
What county would you go for right now in Florida? This months listings in broward were all redeemed !! Is it that hot down here ?!?!?
It's very hot! I recommend going to the lower populated counties in Florida - Don't get discouraged!
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Now I think that it will be more relevant to earn on Crypton cryptocurrency.
i'm not sure