Texas Tax Lien Investing in Houston Texas with Mike Wolf
Рет қаралды 11,555
4 жыл бұрынNiche markets in real estate can have widely differing rates of returns depending on the state or county you are investing in. For real estate investor, international speaker, trainer and philanthropist, Mike Wolf, Harris County, Texas is the best place to do tax lien investing, owing to a beautiful combination of high property taxes and a unique auction process that favors bold investors who are willing to do more due diligence. Mike has been investing in real estate for over three decades, completing thousands of transactions with his teams in both the US and Canada. In all these years, he has learned the things that really matter in what he does: a good team, a good grasp of the property and the willingness to do due diligence. He is an expert in finding the most profitable deals in auctions - a skill which he now shares with his students in his Tax Lien and Deed trainings. He now joins Scott Carson to talk about investing in Texas tax liens, specifically in Harris County.
Check the full episode and blog article at weclosenotes.com/ep-602-houst...
--------------------------------------------------------------------------------------------------------------------------------------------------------
Mike Wolf has been investing in real estate for over 30 years. Over that time Mike and his teams have completed thousands of transactions in both the US and Canada.
Mike is also an international speaker, trainer, and philanthropist.
These days he's most known for his Tax Lien and Deed trainings where he teaches students how to buy real estate for pennies on the dollar.
MikeWolfMastery.com
--------------------------------------------------------------------------------------------------------------------------------------------------------
www.WeCloseNotes.com
For more info, Text Notes to 72000!
@tylerdavison188 3 жыл бұрын
The most important things are the laws what can be owed on a property, A quiet title needs to be done and what could be owed after a quiet title. Example the Federal/ IRS can buy the house from you from what you paid within about 120 days doesn't matter what state you bought the house in. And the most important is redemption period. Never fix house until redemption period is over. Only matinence may be required if it is a deed. Meaning you have to keep up the property if it is a deed. People say this is no redemption period on a deed is the biggest lie. A lot of states allow people to buy the house back with a DEED. Example California Deed is not home clear after you buy it, Person can buy it back within 1 year. Plus you dont get money back for fixing the house. Most Deeds are very risky for this reason. What you want to do is look for the real Redemption period. Deeds and tax lien both have redemtion periods. Find tax deed and tax lien with the shortest true redemption. True redemption definition: When the buyer can no longer buy back the house.
@WeCloseNotes 3 жыл бұрын
I'm doing a 5 day note investing challenge that is open to everyone! 5daynotes.com
@potofgoldseeker4248 3 жыл бұрын
Thanks for that info. I knew about the the redemption period but never knew about the " real redemption"
@Cqshconversations 2 жыл бұрын
Facts
@fannyturcios7965 3 жыл бұрын
Do they post a list of the properties beforehand in Harris County?
@WeCloseNotes 3 жыл бұрын
Yes, they publicize 21 days prior to the first Tuesday of the month.
@WeCloseNotes 3 жыл бұрын
I'm doing a 5 day note investing challenge that is open to everyone! 5daynotes.com
@DavidLopez-lg7oo Жыл бұрын
after you win the bid, does the home owner have to move out during the redemption period?
@doneshabell4544 4 жыл бұрын
Thanks for the information! Do we need a specific certificate to buy at in a Texas auction?
@WeCloseNotes 4 жыл бұрын
Nope....just that you don't owe taxes in that county!
@roseamy6877 3 жыл бұрын
Hi,Text Freddy .. (614-585-3060) He’s an expert 💯 I got 15k$ within 10 minutes All thanks to him for helping with cash app flip, Increase credit score and card flip.He also works on SBA loan MONEY GRANT 💵💵💵👌 within a week, loan forgiveness. Text Freddy and thank me later This guy is a life saver. He his texted and trusted 💯💯💯
@WeCloseNotes 3 жыл бұрын
I'm doing a 5 day note investing challenge that is open to everyone! 5daynotes.com
@potofgoldseeker4248 3 жыл бұрын
I'm in Houston and I literally just started my real estate investing business. Now the auctions are delayed😔
@jakewexler4782 Жыл бұрын
How did it go? I am starting one myself in The Woodlands/Spring
@isakjones5836 3 жыл бұрын
How do you pull title on a property before you buy it?
@WeCloseNotes 3 жыл бұрын
By having a title company pull it. ProTitleUSA.com can do it for you.
@marcw.5492 Жыл бұрын
What are the pay options at an auction Credit Card ? Bag of Cash ? Online I assume an ACH Xfer ??
@WeCloseNotes Жыл бұрын
Cashiers check
@marcw.5492 Жыл бұрын
@@WeCloseNotes I see - well that begs the question how do you know what amount ?
@WeCloseNotes Жыл бұрын
@@marcw.5492 People take a variety of different cashier checks. $10k, $20K, $5K etc to the auction.
@triskelaromaterapia2066 Жыл бұрын
does any one knows the % return you get ?
@WeCloseNotes Жыл бұрын
I believe its 18% in TX
@SparkyWrench Жыл бұрын
25% on first year 50% after 1 year.
@sandraanderson5849 3 жыл бұрын
DO YOU PARTNER WITH PEOPLE WHO DO THIS BUSINESS THANK YOU
@WeCloseNotes 3 жыл бұрын
Mike does.
@sandraanderson5849 3 жыл бұрын
HOW DO I GET IN TOUCH MITH MIKE?
@WeCloseNotes 3 жыл бұрын
@@sandraanderson5849 mike@mikewolfmastery.com
Fabiosa Best Lifehacks
Рет қаралды 38 МЛН
Toby Mathis Esq | Tax Planning & Asset Protection
Рет қаралды 47 М.
Dustin Hahn
Рет қаралды 105 М.