We are living in unprecedented times. Many of our leaders and those in the media are trying to project the idea that this is a ‘two-week’ home holiday.
Smart investors realize this is not the case. The economic and social fallout due to COVID-19 will be monumental and unpredictable. 2008 was nothing like what we are facing. There is nothing in human history that is remotely relatable to the consequences that the coronavirus will bring. Today we are witnessing a profound change in our economy and our society. To say this is the biggest social experiment in history is an understatement.
Sadly, there will be disastrous consequences in the coming months that the media and our leaders are not presenting for fear of panic or just plain ignorance. However, savvy investors know the old saying, ‘The time to invest is when there is panic in the streets.’
Still, there is a real human element at stake here. When Ted Thomas created this investment strategy 25-years ago, it was to help seniors invest wisely; it was not to take advantage of other people’s misfortune.
We recognize there is a moral dilemma to Tax-Defaulted Property Investing, especially today.
Our position however, is clear, and upright.
We are not looking to take advantage of anyone’s inability to pay their taxes during these troubled times. However, the whole point to this 200-year-old program, created shortly after the Founding Fathers of our country established our nation, was to shore up local governments with economic protection when local homeowners were unable to pay their tax debt.
Just like the immune system in our bodies, Tax-Defaulted Property Investors are needed, now, more than ever.
The Founding Fathers believed in strong local government, and then the State government, and finally the Federal, in that order. Local governments are really the backbone of our society and are vital in times of crisis. Depending on the Federal Government has caused countless misfortunes.
Still, there will be major opportunities for investors to help these local governments, now more than ever, for two reasons:
In the spirit of our Founding Fathers, and in the moral spirit of true Americans, we are proud to reap a reward for doing our economic duty and keep our most vulnerable local governments solid.
Please acknowledge you have read this important message.