<transcript><audio_81>Unusual to see see 20,000 tax lean certificates for sale It's Not Unusual in Dade County to see 50,000 certificates available It's Not Unusual in Cook County Chicago to see 100,000</transcript><transcript><audio_82>certificates available my point is this is a business of abundance now I mentioned a few minutes ago in Los Angeles one of the most wealthy counties in the United States there was over 2,000 properties at auction and my student bought a property for for 7</transcript><transcript><audio_83>cents on the dollar now I'm going to tell you getting one for 7 cents on the dollar is not normal however many properties will be sold for 20 and 30 cents on the dollar now I'm going to run out of time because I have so much to do</transcript><transcript><audio_84>on this podcast in just a few minutes I'm going to bring one of my coaches on and we'll give you some foundational material as we go back and forth and banter with some questions but right now I want to take you back to the mortgage crisis which took place in the early</transcript><transcript><audio_85>2000s and we ended up with massive failures and massive foreclosure Nationwide this is not that business this business was stable during that time tax lean certificates is a stable business it's this almost the same every</transcript><transcript><audio_86>single year it's the same with tax deeds so this is not foreclosures has nothing to do with banks these are properties that are all sold at the local county level it's got nothing to do with the banks it's got nothing to do with financial institutions these are County</transcript> Unusual to see see 20,000 tax lean certificates for sale It's Not Unusual in Dade County to see 50,000 certificates available It's Not Unusual in Cook County Chicago to see 100,000 certificates available my point is this is a business of abundance now I mentioned a few minutes ago in Los Angeles one of the most wealthy counties in the United States there was over 2,000 properties at auction and my student bought a property for for 7 cents on the dollar now I'm going to tell you getting one for 7 cents on the dollar is not normal however many properties will be sold for 20 and 30 cents on the dollar now I'm going to run out of time because I have so much to do on this podcast in just a few minutes I'm going to bring one of my coaches on and we'll give you some foundational material as we go back and forth and banter with some questions but right now I want to take you back to the mortgage crisis which took place in the early 2000s and we ended up with massive failures and massive foreclosure Nationwide this is not that business this business was stable during that time tax lean certificates is a stable business it's this almost the same every single year it's the same with tax deeds so this is not foreclosures has nothing to do with banks these are properties that are all sold at the local county level it's got nothing to do with the banks it's got nothing to do with financial institutions these are County
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