Are you asking yourself, “How should I invest my money after selling my house?” This is excellent capital for wealth-building if you know how to invest it! Ted Thomas can show you how to grow your money!
Today I’m going to discuss your question “How should I invest my money after selling my house?” and give you an opinion.
How old are you? Let’s assume you started 20 years ago with your first house. Now you’ve paid off your mortgage, and you’re concerned about the economy, the future and safety of your money, and security for your family.
There are many answers to the question. Before I get started, I want to remind you I’m not a stock broker or a real estate broker. I’m not a CPA or an attorney.
Want to learn how to make big profits in real estate? Would you like to buy homes for pennies on the dollar? Or earn double-digit interest rates? Learn how you can secure your financial future with this FREE mini-class!
STOCKS, ANNUITIES & INDEX FUNDS
What is the best way to invest money from the sale of a house? In this instance, a stock broker would probably suggest that you invest in a cross section of growth stocks. That’s pretty normal. I wouldn’t necessarily agree, because after all, growth stocks have upside. However, they also have substantial risk.
Again, how old are you? Do you have time to recover if your stocks lose money?
Your insurance man is probably going to suggest that you think about annuities with fixed income for life.
Maybe your financial planner thinks you should get invested in index funds. Recently, the famous Tony Robbins collaborated with a number of index fund experts.
SMALL BUSINESSES & BANK ACCOUNTS
If you’re wondering what to do with the money after the sale of a house, and you are young at heart and willing to stay involved with life and small business, there’s a whole new bushel basket of businesses you could learn about and make one of them your pride and joy.
Keep in mind, your family will be nervous. They have their eye on that money. You know it’s yours, however, they are expecting major portions. That being the case, they may be very nervous with any investment you discuss other than to deposit house sale proceeds into a bank where it will be easily accessible to them.
DOWNSIZING TO A SMALLER HOME
Opinions about money seem to be a national pastime. I’m not sure most people know what they are discussing.
For some time, you’ve paid for your house, and now you’re concerned about security.
Have you thought about another living space and using proceeds from the house sale for down payment? It will still have a dollar cost. Even if you’ve downsized, your family will worry about the money.
ALTERNATIVE REAL ESTATE INVESTING
If you’re wondering, what should I do with large lump sum of money after sale of a house? Assuming you’re young at heart, and you’d like to have your cake and eat it too, this alternative requires a small amount of money. However, it produces high income to grow your bank accounts.
For 30 years, I’ve invested in tax liens and tax deeds. This is an alternative form of real estate investing. It’s a government mandated and administered business.
If this is interesting to you, I have a free course that’s a special gift from me to you and will teach you the secrets of tax lien certificates and how to profit from tax deeds. Be sure to take advantage of it today!
TAX LIENS AND TAX DEEDS
Nationwide, approximately 2 million properties will end up in some form of tax default. This causes big problems for local counties and municipalities.
The owners of these properties in default have not paid property taxes which are needed by local counties to pay police, firefighters and school teachers, fix schools and roads, and contribute to the hospitals.
The individual state legislatures make the laws which they call statutes. The law mandates that every property owner must pay property tax. Property owners that don’t pay property taxes will be notified and issued a notice of default.
The legislature authorizes the county supervisors or board of commissioners to levy tax, collect tax and if uncollectible, confiscate the property and sell it at a public auction to recover the tax revenue.
The local county does not want these properties.
BUYING TAX DEFAULTED PROPERTY
So let’s answer the question, “How Should I Invest My Money After Selling My House?” My students learn to buy these used and abused tax defaulted properties for pennies on the dollar, 10 cents, 20 cents, 30 cents on the dollar.
Why do they buy? So, they can resell the property into the public market for higher than the 20 or 30 cents on the dollar which they paid at auction.
For example, they purchase for 20 cents on the dollar, and they sell for 60 cents on the dollar. Savvy entrepreneurs earn money on the margin between the purchase price and the selling price.
SELLING TAX DEFAULTED PROPERTY
Properties sell quickly when they are advertised for less than other properties on the market, and my students use the basic business premise: Buy low, sell low, and do that quickly.
The properties are advertised with seller financing which attracts many who have poor credit and now want a home, even if it’s a starter home. Banks reject them because they have poor FICO credit scores and poor payment histories.
This doesn’t necessarily mean all these buyers are bad risks. Many have employment longevity, and many have high income. However, banks and institutions have strict lending rules. If a borrower does not fit into the standard bank requirements, they are rejected.
SELLER FINANCING
Seller financing could be an option where the seller could earn 10% or more in interest on the sale and generate profit into the future for 10 years, 15 years or 20 years.
Seller financing can be accomplished with a written contract that allows the seller to hold title (deed) until the contract is completely fulfilled.
Using a 10% financing rate will be significantly higher than local banks. However, the new buyers are more than willing to accept these rates, and they will rarely bargain for better. Why is that true? The new buyers do not have alternatives. The banks reject them for many reasons.
PROFIT MARGIN AND INTEREST
What has happened here? Student investors purchase at 60%, 70%, and 80% discounts at auction. They sell using a buy low, sell low strategy, and their pricing is under the competition. To accelerate the sale, they offer seller/owner financing.
The students have generated 2 generous profits.
- The margin between the purchase and sale.
- A generous 10% return on the total money of the purchase price.
GET PROPERTY WITHOUT A MORTGAGE
Keep in mind, the auction conducted by the treasurer eliminates the mortgage or deed of trust loan.
This allows the sale to take place quickly via contract, and the documentation may be completed by a local title company.
Conclusion
We hope you enjoyed Ted’s lesson, “How Should I Invest My Money After Selling My House?”
If you’re wondering what to do with proceeds from sale of investment after selling your home, real estate is still the answer, that is, alternative real estate, investing in tax defaulted properties. The profit potential of this is enormous.
You can purchase tax defaulted property at auctions for 10, 20, or 30 cents on the dollar, and you get the property without a mortgage.
By utilizing Ted’s buy low, sell low strategy, you can sell the property quickly, then keep repeating the process to create massive income.
If you want to sell the property for more and create a residual income, you can offer seller financing, earn interest, and generate income for years to come.
So if you’re wondering, “How Should I Invest My Money After Selling My House?” with tax defaulted property investing, you can generate quick cash flow and streams of income to secure your financial future.
If you’d like to learn more about making big profits from investing in tax delinquent property, there’s no one more qualified to teach you than Ted Thomas, America’s leading authority on tax lien certificates and tax defaulted property investing.
Ted Thomas is the only one who provides full support and complete training with home study courses, Q&A webinars, live tutorials, workshops & web classes, and personal one-on-one coaching.
Get started today at no cost with Ted’s FREE Master Class that reveals the amazing opportunities available in tax defaulted real estate. This class is only about 1 hour of streaming video and contains life-changing information! You can’t afford to miss it!
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