HOW TO MAKE A LOT OF MONEY IN REAL ESTATE
Find out how to make a lot of money in real estate in this little-known market without taking a lot of risks, and you don’t even need much money to get started.
Making money, that’s what we’ll talk about today, and I’m going to show you how to make a lot of money in real estate.
If you want to learn how to do this, you’re in the right place. My name is Ted Thomas, and I’ve been involved in the subset of the traditional real estate business for 30 years.
Want to learn how to make a lot of money in real estate? Would you like to buy mortgage-free homes 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.
HOW TO MAKE A LOT OF MONEY IN REAL ESTATE – AN ALTERNATIVE MARKET
Today, I’m going to reveal how you can make money in an unusual segment of traditional real estate, and it’s a business that’s been around for decades.
Most people have no idea about the tax lien and the tax deed business, which is nothing more than defaulted properties that involve homes, small offices, small farms and residential buildable lots, but it’s mostly houses.
It really helps to have a competitive advantage when you want to make money. When I discovered tax liens and tax deeds, which became available when property owners defaulted on their taxes, everything changed. Here’s why.
HOW TO MAKE A LOT OF MONEY IN REAL ESTATE – TAX DELINQUENT PROPERTY
The legislature in every state has created real estate laws which they call statutes. They print those statutes into books so the public can read the laws.
The legislators mandate and authorize the county board of supervisors or county commissioners to demand that the county treasurer levy taxes and then collect taxes.
If the property tax is uncollectible, the county treasurer is authorized to seize, that is confiscate, the real estate and then sell that real estate at a public auction for pennies on the dollar.
HOW TO MAKE A LOT OF MONEY IN REAL ESTATE – TAX DEFAULTED AUCTIONS
The treasurer will announce an auction on the courthouse steps. They do that on the county website and also in the local newspaper.
At that auction, the treasurer will discount the price of the property by 60%, 70%, even 80% or more below the tax assessed value or market value. The properties have starting bids of the back taxes with no mortgage.
This translates to investors, savvy entrepreneurs and buyers, purchasing real estate for only 10 cents or 20 cents on the dollar.
Imagine buying real estate for 10 cents or 20 cents on the dollar. That’s what I refer to as a competitive advantage.
HOW TO MAKE A LOT OF MONEY IN REAL ESTATE – MORTGAGE-FREE PROPERTY
The situation gets better when you understand the county treasurer is authorized to remove any mortgage or deed of trust loan from the property, and they do so at the official county records.
Truly this is unbelievable. Real estate for 10 cents or 20 cents on the dollar starting bid with no mortgage or deed of trust loan.
When I discovered this business, I never looked back. After all, where could I have such a competitive advantage?
HOW TO MAKE A LOT OF MONEY IN REAL ESTATE – AUCTIONS NATIONWIDE
Research of the public records and the state statutes reveals over 3,000 counties are auctioning tax delinquent real estate for pennies on the dollar.
The county does not want the property. The county already owns the parks, schools, and administration buildings, so the county does not want delinquent property. However, they do want property that is on the honorable tax roll.
HOW TO MAKE A LOT OF MONEY IN REAL ESTATE – BARGAIN REAL ESTATE
If you want to know how to make a lot of money in real estate investing, ask yourself, if you could buy the house next door to yours mortgage-free for a starting bid of somewhere close to 10 or 20 cents on the dollar would you buy it?
How many would you buy? I’m sure you would buy many.
Nationwide, county governments will auction tax defaulted real estate with starting bids that are very close to just the back taxes.
Each year 5,000 auctions are announced on county websites and in local newspapers. This is a public auction. Anyone can attend. The only qualification is you must have money to purchase.
HOW TO MAKE A LOT OF MONEY IN REAL ESTATE – FREE AND CLEAR PROPERTY
My student investors discover and learn a process of evaluation to purchase these auction properties.
In most instances, the auction will have no right of redemption, and the auction purchaser will own a property free and clear of encumbrances.
How much can you make investing in real estate? I’ll give you an example, and note that this is a repeatable process.
Want to learn more about this little-known, 200-year-old way to create wealth investing in real estate? Then you don’t want to miss this FREE class that reveals the secrets known by the wealthiest for generations.
HOW TO MAKE A LOT OF MONEY IN REAL ESTATE – BUYING EXAMPLE
Can you make a lot of money in real estate by investing in tax defaulted property? Here’s a typical example. This is an example; it’s not a case history.
• Tax assessed value is $100,000
• Back taxes in default 2 years approx. $5,000
• Official auction begins at $5,000
• Anyone can bid.
• Assume the highest bidder is $30,000
Wow! Real estate for 30 cents on the dollar!!
The county is happy. The county has collected the back taxes. Now the county will put the property back on to the honorable tax roll, and the new bidder will owe property taxes.
HOW TO MAKE A LOT OF MONEY IN REAL ESTATE – SELLING EXAMPLE
The auction buyer can sell for whatever they think the market will pay.
How fast can you make money in real estate? I recommend buy low and sell low for a quick sale.
The seller determines a price of $60,000 and announces the sale on Zillow, Trulia, Craigslist, the Multiple Listing Service, eBay and as many sites as possible.
• Seller accepts offer at $55,000
• Massive ROI
• Purchase price $30,000
• Sales price $55,000
• Profit $25,000
The ROI is over the top. Now, that’s how to make a lot of money in real estate.
We hope you enjoyed Ted’s lesson, “How to Make a Lot of Money in Real Estate”
In this article, Ted explains how to make money in real estate for beginners and seasoned investors alike.
This particular sector of the real estate market that Ted discovered 30-years ago is little-known, yet highly lucrative and low risk. Add Ted’s selling strategy to the equation, and it becomes a way to generate cash flow quickly.
Tax defaulted property is probably one of the best kept secrets of the real estate industry despite the fact that it’s been around for over 200 years.
Counties all across the the USA will ultimately seize real estate for unpaid property taxes and sell it at public auctions that occur online or offline or both, and the bidding begins around the amount of the delinquent property taxes owed.
Since property taxes are a small fraction of a property’s assessed value, this gives tax delinquent property investors a sizeable profit margin to work with.
At tax defaulted auctions, you can purchase properties for pennies on the dollar, and on top of that, the county removes the mortgage or deed of trust loan. So you can acquire deep discount real estate that’s mortgage-free.
Selling property can be difficult and time consuming, but what if you purchased a property at a tax defaulted auction for 30 cents on the dollar and, using Ted’s buy low, sell low strategy, sold it for 55 cents on the dollar?
That’s a recipe for a quick sale and a profit of $25,000! Even better, the process is repeatable.
This is a business of abundance with over 3,000 counties in the USA auctioning tax delinquent properties, including the counties right in your backyard.
If you’d like to know more, Ted can show you the secrets, strategies, and safest ways to profit from tax lien and tax deed investing.
Ted Thomas is the only one who offers full support and a complete training program on how to buy property with delinquent taxes with home study courses, Q&A webinars, live tutorials, workshops, web classes, and personal coaching.
If you’d like to learn how to create massive cash flow and streams of residual income from deep discount real estate, you can get started today at no cost by taking advantage of Ted’s FREE Master Class on America’s best kept secret, tax lien and tax deed investing.