08 Mar CREPN # 134 – Real Estate Investors Cash in Buying Tax Liens with Ted Thomas
Real Estate Investors buying government backed tax liens take little risk and can make great returns. [x_audio_embed][/x_audio_embed] Every property in the United States has a property tax owed against it to support local government and services provided. An estimated 2% of all property tax bills are in default and go unpaid every year. Meaning, every year, there are more opportunities for real estate investors to buy tax liens. Ted Thomas is a former commercial airline pilot and apartment investor. After he lost big in the crash in 1986, Ted got into tax liens, deeds and certificates and has never looked back.