Show Notes: https://retipster.com/196-ted-thomas/?utm_source=youtube&utm_medium=social&utm_campaign=podcast&utm_content=jDYlxXpw-e4 10X Your Income from Land Investing: https://welcome.retipster.com/webinar-invite/?utm_source=youtube&utm_medium=social&utm_campaign=podcast&utm_content=jDYlxXpw-e4 Join Our Community: https://welcome.retipster.com/newsletter/?utm_source=youtube&utm_medium=social&utm_campaign=podcast&utm_content=jDYlxXpw-e4 I'm thrilled to have my good friend Ted Thomas on the show. Ted is a maestro in tax liens and tax deeds, an area of real estate investing with many fascinating parallels to the land flipping business—with a few important differences. Today, we will explore the ins and outs of tax lien and tax-defaulted property investing. Ted is going to share his decades of experience in this niche and the exact strategies he uses to find and close these deals. Whether you're an experienced real estate investor looking to expand your portfolio or you're just getting started and eager to learn, there's a ton to unpack here. Ted's expertise will shed light on the strategies, potential pitfalls, and the strategies needed to succeed in this complex yet rewarding space. 00:00:00 - Introduction to Ted Thomas 00:01:59 - What Are Tax Liens and Tax Deeds? 00:07:05 - Risk Profile 00:10:18 - How Much Profit to Expect 00:17:10 - Know Your Exit Strategy Before You Bid 00:21:13 - Strategies for Successful Auction Bidding 00:29:24 - Reading the Room in Person 00:36:19 - How Much Money Do You Need to Start? 00:39:10 - Hiring an Attorney and Clear Title Action 00:43:02 - Managing Expectations and Avoiding Hype 00:45:20 - The Value of Having a Coach 00:46:21 - Join Ted’s Seminar #retipster #retipsterblog #retipsterpodcast #sethwilliams #tedthomas #realestate #realestatepodcast #taxlieninvesting #taxdeedinvesting #realestateinvesting #passiveincome #propertyinvesting #foreclosureproperties #taxdefaultedproperties #wealthbuilding #realestatestrategies #alternativeinvestments #financialfreedom #realestateauctions #investmenttips