Today I’m answering your questions about how to find investment properties at rock bottom prices, and the topics I’m going to cover are:
- Earn 6 Figures Investing in Real Estate Buying Bargains
- A Hidden Gem of the Real Estate Investment World
- Cheap Investment Properties Sold at Public Auctions
- Investment Property Purchased for Pennies on the Dollar
Want to learn how to purchase bargain real estate? Would you like to buy mortgage-free property for pennies on the dollar? Or earn double-digit interest rates secured by real estate? Then you don’t want to miss this FREE Mini Course.
Earn 6 Figures Investing in Real Estate Buying Bargains
I know there are a few of you who want to make an extra $10,000 a month. You’re in the right place. I’m going to show you how.
There are also many of you who want to make $25,000 or even $50,000 on one deal. I’ll show you that also because I’m about to explain how to find investment properties for pennies on the dollar.
I’m Ted Thomas, and for 30 years I‘ve been an investor, guide, author, and educator on purchasing and reselling investment properties. I understand what you’re looking for, and I’m going to disclose where to locate hundreds of bargain properties.
A Hidden Gem of the Real Estate Investment World
How do you find investment properties for pennies on the dollar? As you’re about to see, there is a little-known segment of the real estate market filled with opportunities. It’s an alternative market called tax defaulted real estate.
In all states across the USA, local county governments are struggling to pay the daily bills of the county, and they need revenue.
These counties are struggling because hundreds, sometimes thousands, of property owners fail to pay property taxes. This shortage of revenue is a big problem for the local county treasurer because the revenue from property taxes is mainly used to pay county employees and maintain infrastructure, like roads, hospitals and libraries.
I have a free gift for you, a special mini course that will show you how to profit with tax lien certificates and reveal the secrets of tax deed investing. Get your FREE gift today.
Cheap Investment Properties Sold at Public Auctions
If a property owner fails to pay property tax, the treasurer will confiscate the property, evict the owner, and sell the property at a public auction.
The starting bids at the auction may be as low as the delinquent back taxes, about 10 cents or 20 cents on the dollar. These properties are sold at auction to the highest bidder.
Additionally, the treasurer will cancel the mortgage or deed of trust loan, so the highest bidder will receive a property with no loan encumbrance.
In large and small counties, this same process takes place. Property is confiscated and then resold at 60%, 70%, 80% or more below the tax assessed value with no mortgage or deed of trust loan.
The book you see me holding is an auction list for Los Angeles County, California. The list is over 1,000 properties. It’s not unusual for auctions to have 1,000 properties that must be sold because the government needs to collect the revenue.
Investment Property Purchased for Pennies on the Dollar
Nationwide there are over 5,000 tax defaulted auctions scheduled each year where you can find investment properties for pennies on the dollar.
In a local county just north of Tampa, Florida, one of my student investors spent $9,100 at a tax-defaulted auction to purchase a single family home that had a tax assessed value of $91,000.
He checked the comparable values (comps) and determined the market value to be $150,000 or more, yet he spent less than $10,000.
We hope you enjoyed Ted’s lesson, “Find Investment Properties for Pennies on the Dollar”
You can find investment properties sold for 10, 20, or 30 cents on the dollar at a tax defaulted real estate auction. Amazing bargains happen daily at these local county auctions all across the USA. Properties are sold mortgage-free at bargain basement prices, and the auctions are held both in-person and online.
If you’d like to know more about tax delinquent property investing, Ted Thomas provides full support and complete training with home study courses, Q&A webinars, live tutorials, workshops, web classes, and personal coaching with certified coaches.
Learn how to reap huge rewards from tax lien and tax deed investing! Get started today by taking advantage of Ted’s Free Master Class! Act now, it costs you nothing and will give you a big head start!
Ted Thomas is America’s Leading Authority on Tax Lien Certificates and Tax Deed Auctions, as well as a publisher and author of more than 30 books. His guidebooks on Real Estate have sold in four corners of the world. He has been teaching people just like you for over 30 years how to buy houses in good neighborhoods for pennies on the dollar. He teaches how to create wealth with minimum risk and easy-to-learn methods.