<transcript><audio_57>tax assess value of $210,000 the bidding was such that no one outbid her for $114,000 she bought a $210,000 property that's a pretty good</transcript><transcript><audio_58>deal she spent $ 14,7 cents on the dollar and here she was in a high-end subdivision now think about that there was no no fix up to do because it was a residential lot she could sell it to a developer or she</transcript><transcript><audio_59>could build on the property she could do it anything she wants you're going to get a lot out of this podcast I'll tell you that because you're starting to see there's tax lean certificates which pay you generous interest rates of 16 18 24</transcript><transcript><audio_60>and 36% and now we're talking about tax deeds these are tax defaulted properties that the local government will sell and they don't want the property so they're going to sell with starting bids are very close to the back taxes it doesn't</transcript><transcript><audio_61>take long to become financially secure in this business but there's stepbystep process that you have to learn so I'll guide you through the process of buying tax lean certificates and tax defaulted property so let's go back to those tax</transcript><transcript><audio_62>lean certificates they're issued in half of the states so I'm just going to use Florida as the example for the next few minutes in Florida florid they have many counties there's over 50 counties each of the counties will have tax lean</transcript><transcript><audio_63>certificates that they want to sell that simply means that there's hundreds of people in each of the counties that has not paid their taxes as a matter of fact in Florida over the past three years each year they've had at least 1 million</transcript> tax assess value of $210,000 the bidding was such that no one outbid her for $114,000 she bought a $210,000 property that's a pretty good deal she spent $ 14,7 cents on the dollar and here she was in a high-end subdivision now think about that there was no no fix up to do because it was a residential lot she could sell it to a developer or she could build on the property she could do it anything she wants you're going to get a lot out of this podcast I'll tell you that because you're starting to see there's tax lean certificates which pay you generous interest rates of 16 18 24 and 36% and now we're talking about tax deeds these are tax defaulted properties that the local government will sell and they don't want the property so they're going to sell with starting bids are very close to the back taxes it doesn't take long to become financially secure in this business but there's stepbystep process that you have to learn so I'll guide you through the process of buying tax lean certificates and tax defaulted property so let's go back to those tax lean certificates they're issued in half of the states so I'm just going to use Florida as the example for the next few minutes in Florida florid they have many counties there's over 50 counties each of the counties will have tax lean certificates that they want to sell that simply means that there's hundreds of people in each of the counties that has not paid their taxes as a matter of fact in Florida over the past three years each year they've had at least 1 million
{"source": "grass-yt-cc-by.13QKInfx8hQ|shard_10007_12|create_multimodal_data.extract_yt_and_generate_transcripts.49|shard_10007|create_multimodal_data.generate_captions.49|shard_10007|create_multimodal_data.generate_captions.49", "params": {"id": "13QKInfx8hQ", "channel_id": "UC_-KBo192xi_dxxduA34Ztw", "duration": 3723, "view_count": 68, "age_limit": 0, "chapters": [{"start_time": 0.0, "title": "Intro, Background & Purpose", "end_time": 27.0}, {"start_time": 27.0, "title": "Starting Small in Tax Lien Investing", "end_time": 95.0}, {"start_time": 95.0, "title": "Risks, Rewards & Complications", "end_time": 133.0}, {"start_time": 133.0, "title": "Rules & Property Previews", "end_time": 224.0}, {"start_time": 224.0, "title": "Upcoming Class Preview", "end_time": 333.0}, {"start_time": 333.0, "title": "Earnings & Selling Strategies", "end_time": 421.0}, {"start_time": 421.0, "title": "Real-life Success in Tax Liens", "end_time": 518.0}, {"start_time": 518.0, "title": "Big Money in Tax Lien Reality", "end_time": 598.0}, {"start_time": 598.0, "title": "Deb & Shannon's Successes", "end_time": 794.0}, {"start_time": 794.0, "title": "Closing Remarks & Class Teaser", "end_time": 3723}], "like_count": 5, "channel_follower_count": 4350, "license": "Creative Commons Attribution license (reuse allowed)", "uploader_id": "@Ted.Thomas", "yt_tar_file": "/leonardo_work/EUHPC_E03_068/audio/fixed_download/grass-yt-cc-by//shard_10007/13QKInfx8hQ.tar.gz"}}