The Crotchety Old Men Podcast
Real Estate Investing using Tax Liens and Deeds with Tiffany Tyuse
Unlock the door to savvy real estate investments with George Crumley and the astute Tiffany Tyuse on the latest Crotchety Old Men Podcast. We zero in on the often-overlooked opportunities within tax liens and tax deeds, illuminating a pathway to property ownership. This dynamic exchange demystifies the concepts of tax liens and tax deeds, diving into Tiffany's expert distinction between them, offering you the insider knowledge needed to turn a lien into a lucrative investment.
Unlock the door to savvy real estate investments with George Crumley and the astute Tiffany Tyuse on the latest Crotchety Old Men Podcast. We zero in on the often-overlooked opportunities within tax liens and tax deeds, illuminating a pathway to property ownership. This dynamic exchange demystifies the concepts of tax liens and tax deeds, diving into Tiffany's expert distinction between them, offering you the insider knowledge needed to turn a lien into a lucrative investment.
Welcome to another edition of the Crotchety Old man Podcast. Hi, I'm your host, george Crumley, and today, as you can see, I don't have my crotchety old man with me, but instead I have Tiffany Tyuse, and we're going to have a lively discussion today about tax liens and tax deeds. So you know, as always, I am so excited and I think you're going to really enjoy enjoy this episode of the crotchety old man. So, first of all, tiffany is a renowned expert in the field of tax sales and is an influential figure in teaching individuals about the power of ownership through tax liens and tax deeds. So, as you can see, we're going to have a real good discussion, because, you know, I'm always talking about passive income, buying real estate, so Tiffany's going to give us another way to do that. Tiffany, welcome to the program. How are you doing today?
Speaker 2:I am doing great. I am having an awesome day. How about yourself?
Speaker 1:Oh man, I'm fine. The only thing better than this is me being out playing 18 holes of golf. Okay.
Speaker 2:I'm staying, I love it, this podcast.
Speaker 1:we've been doing this for a couple of years now and we try to stay on point and we always try to bring on interesting guests and here again, I think we've done that by bringing you on. Definitely okay, so help my audience understand. Uh, some about your background. Tell us a little bit about yourself well, um, hi everyone.
Speaker 2:Um, thank you for allowing me to come to your show. Um, basically, I am tiffany. Basically, I am able to purchase on the market for like $100 or so, and so within these years, I've purchased Detroit properties for realtors, but also learned about delinquent taxes and tax defaults in real estate and acquiring properties that way through either tax liens, tax deeds or over-the-counter properties, and just understanding that you really don't have to go into debt, have a mortgage or anything like that in order to own, acquire and invest in real estate. And so, from back in 06 to currently now, I've learned how to acquire real estate and tax liens and tax deeds all over the United States.
Speaker 1:Wow. Well, obviously, as you know, you're playing right in my backyard because I'm originally from Detroit and that's where me and my brother basically cut our teeth on buying real estate, and that's what we would do is we would buy just the distressed properties you know, sometimes two and three in one neighborhood.
Speaker 1:I mean it was just unheard I think at one point. Sometimes two and three in one neighborhood, I mean it was, it's just unheard. I think at one point we bought three houses in one neighborhood. I think we paid like $15,000 for the three homes you know, fixed them up and then ended up renting them out. But yeah, I think at the height of my, of our investing, we had about between 12 and 15 homes.
Speaker 1:So yeah, Detroit's always been a prime market, still own some property back there and I always encourage anybody I'm talking to is always look at markets like that, because you don't necessarily have to live in Detroit to buy in Detroit and that's the beauty of owning real estate. There's a thing out there called a management company that once you get the house up and running, they'll manage it for you. And hey, one of my favorite sayings again is mailbox money. You'll get that check in the mail every month, and you'll be thankful for it.
Speaker 2:So so first of all, tell our audience.
Speaker 1:What's the difference between a tax lien and a tax deed?
Speaker 2:Okay, so guys. So tax liens and tax deeds because, honestly, each state operates a little bit differently. So some states will auction off tax liens and others will auction off tax deeds. Now a lien is just like a mortgage. It is a lien, a debt that's attached to your particular property. Now, in some states, when they're selling a tax lien, they're actually selling selling the debt itself. So it's like a credit when you don't pay a credit card bill and it goes into collections, it goes on your public record. The same thing with a tax lien If you don't pay your property taxes, they put it on public record. But with the tax lien itself, it still has to be paid. So if the property owner isn't going to pay it, they auction it off for investors to pay that lien. And once that property owner redeems that lien, there's going to be interest attached to it. So you're purchasing the debt that's attached to a property and that would be through the delinquent taxes, the undelinquent taxes.
Speaker 2:Now with a tax deed. With the deed itself, these particular counties will be selling off the actual deed to the property. But it's a tax deed because it's for delinquent taxes. Now, in some states that tax deed is not redeemable, where the property owner will be able to come in. So with a tax deed state, the property owner will actually lose. The property owner will be able to come in. So with a tax deed state, the property owner will actually lose the property itself. Now some states will sell a redeemable tax deed, which, in that stance, the property owner can redeem the property, but it's going to be interest attached to it. So you're dealing with deeds, which is the tax deed, the actual deed to the property, and liens is going to be the deed. The actual deed to the property and liens is going to be the debt that's attached to the property itself wow, that's a lot of information.
Speaker 1:Okay, let me break it down a little bit. Okay, so let's go back to the liens. Okay? So, for example, if, um, you know, I don't pay my and I'm assuming there's a probably a time period involved If I just pay, don't pay my taxes for the first year, am I in default?
Speaker 2:It depends on the state, you understand. So the state is some states. It allows you to be, once you're delinquent one year and you know you have a deadline date where you have to pay your property taxes and then, once that deadline date has passed, that's when it goes into a lien status and so it has this open opportunity for you to still pay. But they've informed you in letting you know that they have an intent to issue a FIFA, which is a lien lien. Once that lien has gone beyond that period of time, it's going to be able to be sold to individuals or companies, depending on the state that will allow them to come in and purchase that. So you get a certain amount of time to be able to take care of the actual lien itself and you're informed ahead of time to let you know hey, we're intending to issue this lien and then after that they're going to inform you we, we're intending to issue this lien and then after that they're going to inform you we're about to sell that lien as well. So you get a period.
Speaker 1:yeah, it's interesting because as I asked the question, something just came to my mind okay, so this year or would have been last year I appealed my property tax and, as little as it seemed, I won my appeal. Basically, they reduced the amount that, um, they I needed to pay, but there was still a Delta, and a Delta was like $197. And they sent me a letter I just got it about two weeks ago and it said um, the remainder of your tax, lien tax, uh indebtedness, is like $197. You need to pay it by this date. And you're right. It said, if I don't pay it by this certain date, that they will put a lien on my property. So if, for some reason, it got lost in the mail, I forgot to pay it, I just ignored it and I didn't pay it. Could someone come actually in and buy that lien for $100,000?
Speaker 2:Absolutely, and that's the thing. It's about being proactive. It's about being proactive about your property. You understand, and you have to open up your mail. So it's not like they're not informing you of what's going on, it's just you have to read sometimes. Sometimes we don't even read our tax bill. We just look at the amount and be like, oh, I'll wait till next friday to pay it, but what if by that monday, they're placing that lien already? So you're not only that amount but also the lien itself is going to um tack on an additional expense as well. You feel me? So it's really important to understand your rights in your particular area, your state and county in which affects you, because there are some states like alabama. They have three years of liens they have to purchase before it's sold, you understand. So understanding the state statutes and the laws regarding property taxes in your particular area is highly advised.
Speaker 1:So just to carry that a little bit further, so say I forget to pay it, somebody comes in and buys it. Now they don't really own my home, but they own that particular debt with plus the interest. So then I'll get a letter in the mail and says that my lien was sold to X Y Z or there's a lien on my home just like a mechanics lien mm-hmm and to remove it I would have to pay the 90 197 plus any interest any interest and I would go and follow those instructions and I would pay it.
Speaker 1:So whoever bought it would then get. So I'm assuming the I would go and follow those instructions and I would pay it, so whoever bought it would then get. So I'm assuming the 197 would go back to the city and say there's ten dollars and fifty cent worth of interest. That would go to the person that bought my lien absolutely, absolutely.
Speaker 2:And then, um, and you should be notified that a lien is on your property. You understand, but once you actually pay that off, you want to make sure you get a lien release letter.
Speaker 2:And that would be through your county collector's office, making sure that that lien has been released. Just because you pay, it doesn't mean that they went over to the courthouse and released the lien because it could still be showing on the public records. So making sure you actually get a lien release letter showing that it has been confirmed that it has been paid off and the lien has been removed from the property itself.
Speaker 1:Okay, all right, so let's stay here with these liens, because I want to take it to now. Okay, how do we create a passive income? So where do we find these lean opportunities and how easy is it to purchase them? Yeah, how easy is it to purchase them.
Speaker 2:It's extremely easy to purchase it, but you have to always tell individuals Google is your friend, all you have to do. I'm being so serious Because it is public information and you have to understand. With real estate, everything is public information, whether you're going to pay for it or it's free for you. Your local counties will advertise this information, whether it's on their website or if it's in their offices. Every county operates a little bit differently. County operates a little bit differently. Your bigger counties will have it on their website with slight instructions on how to operate, um, how to actually purchase the liens and when they're going to sell them.
Speaker 2:But all liens are not the same as well, because if you purchase a lien in florida, florida has a lot of liens and it's a very popular area, correct? There? In liens is a two-year redemption period on those liens, which means the property owner has two years to redeem it from the property owner. Um, the property owner has two years to redeem it from the investor. Now what's going to happen in that case? If you're an investor and you strategically invest in a real estate where you're pretty sure the property owner is not going to redeem, that lien does not automatically convert over to a deed? It does not. And so what's going to happen with that lien? You're going to have to bring it to another tax sale, which is a tax deed sale, and then it's sold to the highest bidder. You understand. So you happen to understand exactly where you're investing in.
Speaker 2:In other cases, when you're investing in liens let's say Indiana it is a 120-day redemption period for Indiana and it automatically converts over to a deed. But you just have to file the proper paperwork. So, understanding the actual processes and procedures of the lien once you've purchased it and I run into that a lot, where individuals purchase a lien and then they're asking me oh, what do I do next? It all depends on where you invested. Oh, the redemption period is 120 days Beautiful. How long have you had it? Oh, I've had it a year. No, so that means you've lost out on the opportunity to redeem on that one, because it's a standard with that particular county in Indiana you have to start the foreclosure process before the actual lien matures. So understanding what happens after the sale is extremely important. And that's where a lot of people lose their money is not understanding the process after they won at the auction teach, teach.
Speaker 1:All right, okay. So before we go any further, I want you to, as your teachers, I want you to tell the audience if they want to take a class. How do they? You know how, how does that. And then we're going to talk about deeds, because we just talked about that lean, now we're gonna talk about the difference. But I want you to want you to tell audience, you know about your class, you know teaching that whole thing.
Speaker 2:Because this absolutely I'm learning some stuff now absolutely, um, I do have a membership program. It's called scale your ownership. You can find me on all social media platforms and that's Tiffany Tyuse, the same way my name is spelled, and join my membership group so I can show you how to get some real estate and how to keep it.
Speaker 1:Cool, all right, so let's talk about deeds. Okay, so we kind of talked about liens, whereas you're not actually getting the property, you're actually making money off of the Delta, which is the interest OK absolutely. Now, deed is different, so let's talk about the deeds.
Speaker 2:OK, so you have states that are going to sell a tax deed and then you have a redeemable deed. Ok, so we're going to talk about with tax deeds, we're going to talk about the state of California. State of California is the moment that you win that property at a tax sale. You can start to foreclose your property and the property becomes yours. You understand Now, with a redeemable deed like somewhere let's say the state of Georgia you purchase a redeemable deed on the courthouse stairs. The property owner has a year to redeem. But if that property owner does exercise their right to redeem, not only do you get the money back that you pay for it, but you also get 20% interest as well. Understand that 20% interest is not accumulated over time. If they redeem it the following day, they owe you 20% interest. If they redeem it in 360 days, they're giving you 20% interest. If they redeem it in 360 days, they giving you 20% interest percent regardless absolutely, absolutely and see.
Speaker 2:With the tax deeds I've come to understand tax deeds is a little bit more popular, as in liens, because with the liens there's a dependent on the state. You have one year, two years or three years, you understand. But with a tax deed itself, you're getting the property immediately and you know we live in a society where we want it now, we want to hurry up and get it, we don't want to wait, you understand. So that's what makes tax deeds a little bit more popular and you're going to spend a little bit more money for tax deeds, but it is still a great way to be able to acquire and invest in real estate, especially if you're getting a 20% return. And even in Texas, it's another tax deed state where you're getting a 25% interest return on that particular investment. So, strategically investing in tax deeds, knowing that the property owner will highly likely redeem Imagine 20 to 25 percent return on your investment. You can't get that at Wells Fargo, navy Federal Bank of America anywhere.
Speaker 1:Merrill Lynch.
Speaker 2:Nowhere.
Speaker 1:None of those.
Speaker 2:You're right, you're absolutely right, none of that, so here again clarification.
Speaker 1:So you mentioned buying on the courtroom steps. To me that's an auction, okay, and, as I remember, because I've uh licensed a real estate agent, so I've taken classes, so basically it on the. There's a certain day during the month that you go down to this to the uh courtroom, city council, and uh, they basically actually let me take a step back they'll send out a list, right, a list of properties that are going to be auctioned that day. Is it the same with the deeds?
Speaker 2:well, it's the same thing with the deeds, but they don't send you anything. You have to go and get that information right. I mean what I'm saying, yeah yeah, yeah.
Speaker 1:So then you, so you go down there and you know what's going to be listed that day. So, in preparation, you have the address that you can drive by these homes and you can see what they look like, to see if these are things that you want to bid on. You can't get in them, you know, because usually they're occupied, but you can drive by them to prepare yourself to say, yeah, this might be a good deed based on the amount that's owed, correct?
Speaker 2:Well, george, there's times where a lot of properties are unoccupied, so you will find properties I've purchased properties where there were people actually living in them, but most of the properties that I've come across have been vacant properties. And so if you feel okay and you're safe enough and you're in your own environment, your own neighborhoods, you may want to go ahead on the step into those houses or just peer through the windows to see, try to get a Estimate of what you think could those repairs could be. Or if you, if you just want to know, okay, is this, this a full rehab, a good job, or what type of situation I'm dealing with? You know what I'm saying, but all situations are completely different, but what is concurrent, what stays the standard across the board, is putting your eyes on their property. First and foremost, you want to put your eyes on the property, because sometimes you want to make sure a property is still there.
Speaker 1:You feel me Exactly, exactly, exactly, yeah, so yeah definitely.
Speaker 2:You want to make sure property is still there. You feel me exactly, yeah, so yeah, definitely so okay.
Speaker 1:So, um, we go, we visit the property, we say this is one we want. Uh, we go down to the courtroom steps. So I'm sure it's you and several other people that, um, unless you run into one of those rainy days and all of a sudden nobody showed up on that Tuesday or Wednesday and you find it's just you and one other person. So walk me through. How does the bidding go? Say the house is yeah, just walk me through it, because I don't even know how to speculate.
Speaker 2:So, george, it all depends on the state and you guys are going to hear me say this a lot. It all depends on the state and the county in which you're investing in it all depends on the state and the county in which you're investing in.
Speaker 2:So some counties they have a highest bidder auction. A highest bidder auction is whoever has the most money in their pocket is going to win their property, you understand. So you've already registered for the sale. If that county requires you to register ahead of time, some counties allow you to register at the auction. But you're all registered, you're all checked in and you're given a number and that is your bidder number and um, they, they will advise you of the instructions on how the procedure is to bid. Some counties will allow you to bid $100 increments, others will say $500 increments and so you're doing the highest bidder and they tell you, use your outside voice and say $10,000, $12,000. Then next thing, you know, there's a bidding war $20,000, $50,000, $60,000. There's a whole bidding war going on. But then there's other auctions where it's a bid down interest type auction, where you're still going to pay the actual face amount of that particular lien but, you're bidding down the interest.
Speaker 2:So the highest interest you can get for a property is 12. Let's say in Mississippi the highest interest you can get is 12%. But the individual that bids the lowest interest is the individual that's going to win their property. So a highest interest is 12, but I'm going to go in and say I want to bid at 8%. Then someone else says I'm going to do five. Then there's other people that say I'm a zero, I just want the property itself, I don't want the money. So you have to understand the type of auction and the bidding process of that particular auction in which you're attending. Now there's one that I went to in Louisiana where you get your bidder number, you register, they get your bidder number and your bidder number is put into a lottery. It's little balls with your bidder number and they'll spin the thing around and somebody go in there and grab that and they say do you want the property? They'll be like, well, no, let's get the next one. Okay, do you want the property? Do you hear me?
Speaker 2:Just like that, so it all depends on the option.
Speaker 1:It's like it says a lottery Wow.
Speaker 2:Literally a lottery type auction. So you and then there's auctions where you're bidding on properties, where you both bid it the same amount the computer generates. Whoever bid it first will get the property. So it all depends, and that's why it's so important not only doing your due diligence when it comes to the property itself, you also have to do your due diligence when it comes to the auction. The auction and what the process of that particular auction is absolutely wow.
Speaker 1:So here again. Just here again for my clarification. So when you um bid on a deed, what happens to the mortgage that's on that deed.
Speaker 2:So and that's a very great question, george Like we're going to speak about the city of St Louis. They have tax deed auctions and we're specifically speaking about the city of St Louis because all the other counties outside of the city of St Louis have a tax lien auction. So with this particular city of St Louis auction, what happens is everyone, when the whole process doesn't start just the day of the tax sale itself, this process has been going on a year prior to. So that year prior to when this particular property is put on a list showing that they're three years behind and we're going to start the auction process, the sheriff's office will actually contact each party that has a vested interest in that property, which means the property owners. Anyone that has a lien on their property is contacted before the actual auction um, even takes place a year before the auction.
Speaker 2:So we're talking about liens. A mortgage is a lien, okay, a mechanics lien? Anyone that holds a lien on it is contacted, including the property owner, letting them know this property is going up for tax sale on May 18th and if you want to protect your interest in this property, this is the amount that's due, plus fees, advertising fees and all that good stuff. Right Now, during that period of time before the auction, the mortgage company has the opportunity to go ahead on and save that property. If they do not, once that auction takes place, they lose all interest in that property. Oh wow, that's what a tax deed. Now we also have redeemable deeds. Remember, let's say, the state of texas. If that process, all interested parties are still contacted before the auction. Now, even after the auction, when it's a redeemable deed, all vested parties still during that redemption period has the right to redeem that tax deed. And if they fail to do so and if they do not exercise their right to reclaim that actual property, they will lose the property as well.
Speaker 1:Wow. So on these deeds, do they come in with a minimum starting bid?
Speaker 2:They come in with a minimum starting bid, which is the amount of back taxes that's due, advertising fees, share fees and title search fees. So all of those is going to be included in the starting bid amount because to take a property to auction there's fees. That's included in that Advertising fees. Every particular county has a judicial newspaper and it costs to advertise that in a newspaper. Even though it's required by state laws to do so, they still have to pay for that. So they're recouping all of their expenses to bring a property up to tax out and that's going to be the starting did okay, so all right, here was some fun stuff.
Speaker 1:Okay, so tell me about one of your most interesting, you know interactions as far as purchasing a deed and what what the account outcome was.
Speaker 2:I'm going to tell you a very interesting thing that happened with a deed and we're going to go back to the city of St Louis, the city of St Louis. I did all my research. Hey, I said I've got this in a bag, I know what I'm doing.
Speaker 2:You know what I'm saying, I've this. And so I researched everything. I said, okay, cool, so when I get to the auction, somebody's bidding against me. I said, oh, shoot, so I already have some extra funds on standby you know what I'm saying in case I go over what's already have with me. And of course I did go over that amount. So what I said? Well, let me go over here to Wells Fargo because, um, driving in the city, you see this big over here to Wells Fargo, because I'm driving in the city, you see this big sign that says Wells Fargo on the building. And so I was like, okay, wells Fargo, right here in the city I said I'm good so I'll go over there to Wells Fargo.
Speaker 2:It is their mortgage finance building right, that is not a bank.
Speaker 1:Right.
Speaker 2:Right, but they do have an atm in there, but it's not a bank. I said, oh shoot. And I said, well, I told my people to go on and send me the money over to put it in my account, and so I'm thinking I'm going to the bank to get the money. That wasn't the case, is they? They mortgage financial center? So I said, well, let me just go ahead on and grab the money at the ATM. I have limits on my ATM, with borrows for every 24 hours.
Speaker 2:So, listen, I could not get those funds to go pay for the property by the close of business that day. So if I can't pay for the property, guess what? I'm banned from the au. Wow, so I had called the sheriff and them I said, hey, I'm trying to get the money. The lady was even trying to work with me, which was my surprise. But I really could not get the funds until the following day.
Speaker 2:Now, mind you, city of St Louis, auctions last for three days. So the following day, even though my little behind did not pay for that property, I went on up there and started being like and in the second day I went to the auction. And that's a very, very important thing, guys, knowing that if an auction lasts for three days, go every three days because people do not pay for their properties and they have to reoffer it the next day, you understand. So I went back the following day. No one bid it against me, so I was good. I was able to get it for the $1,600 right. So now, by this, the second day, I have well more than enough money to pay for the property and I'm getting it for the minimum bid amount. So, which was a blessing.
Speaker 2:But After that sale I was banned from the city of St Louis tax sales for like three years. So I had to have someone be it for me and then I finally talked to the sheriff and I had a meeting with him and his whole board and I had to explain what happened and they lifted the ban from me and I was able to start bidding again. But understanding, even as a tax sale professional, even as an individual that feels that, oh, I know this or I got this, sometimes you have to make sure, just because I saw that Wells Fargo sign, that was not the bank, do your due diligence, fully follow up, follow through just to make sure you're good. But now I'm good, I can bid. But that was probably the most craziest experience I had with a taxi auction.
Speaker 1:That's interesting. So obviously you brought up a couple extra questions as far as okay. So when you win, they say okay, you're the winner. You have to give them cash or a certified check.
Speaker 2:Cash or certified funds, but also, george, it also depends on the auction itself. Some auctions give you 30 days to pay it and in some auctions, you don't even have to pay for it until you actually file a foreclosure with with the actual deed. So, understanding and I went to a tax cell in Mississippi I love Mississippi because I'm able to use my credit card, because it's an online auction, and that's why I stressed the part of it all depends on the state and the county in which you're investing in. It is not a standard across the board on how these counties are going to operate, how they're going to, how you are required to submit payment and when payment is due. So that's why it's so important to understand the auction that you're investing in and understanding that the next county over is not going to do it the same way.
Speaker 1:Very interesting, man. This is some good stuff. I mean, like I said, I'm learning a lot today. I've definitely learned a lot today. This is some good stuff. I mean, like I said, I'm learning a lot today. I've definitely learned a lot today. This is very, very interesting. So let's talk a little bit about your class. How long is your class?
Speaker 2:It's a monthly membership. You can come in. It's a monthly membership. I don't have it for a set amount of time. It's whatever it needs for the actual member to get the information that they need to understand and that's why I try to explain to people.
Speaker 2:It's easy to go to an auction, it's easy to get up in there and bid on real estate. And understanding the beginning part and going to an auction, the most difficult part is understanding what happens after you won that particular property under understanding what you do next. And like, if you're gonna deal with a state like texas, depending on the type of property you're purchasing, you got a six month or a 12 month redemption period. So you say, oh, I want a property. Oh, I don't need your tiff, no more, I don't want my property, thank you. And next thing you know you're like like, uh, I forgot, what do I do here? A year later you're like, oh man, I missed this or I missed that. And that's why I highly advise individuals to have a mentor and that's why I've started the scale membership.
Speaker 2:Group. Scale means start controlling your assets by leveraging this equity. And not only do I teach people how to acquire homes, we also picking up acreages of land, understanding that generational wealth doesn't mean purchasing real estate and selling it. You're just making money. Generational wealth means you have to hold on to your assets and pass it down for generations to come, passing it on to your assets and pass it down for generations to come Passing it on to your children.
Speaker 2:Your intent is not to make a quick flip. Your intent is to build assets and money and wealth for your family. You understand what I'm saying. So that's all that's. In the membership group, I'm telling you good people, I a lot of great um members in the group and they're acquiring real estate at these auctions and and changing the way they're thinking about real estate, because we I'm sure you, george, was like I had a guy that that called me the other day and that's something I've known for a very, very long time. It's like tiff, I see you doing your thing and I want to get in. I said, okay, just join the membership group. He said, if I get a property tomorrow, I need to be able to get a return on that by next week.
Speaker 2:No, that's not how that's going to work.
Speaker 1:That's how we sometimes think. It don't work that way.
Speaker 2:Right and understanding the loan game. That loan game is where you get your most return and your most profit is on that loan game Because if you're selling it quickly you're selling it for like crackhead prices. You understand You're not getting the most out of that particular property and understanding that chasing the bag is not chasing after the money. That real estate you got is the bag. That real estate is your money. It is highly, highly advised Hold on to your real estate.
Speaker 1:Yeah, I mean. Yeah, I mean that's what we've been talking about on the Crotchet Over Me podcast the last couple of episodes is building that legacy holding on and this quick flip stuff is is thing of the past. You need to buy it and hold it, because real estate, I mean, they ain't making no more dirt, so you got it. You know that and that's what we've missed. It. You know, as a community, as a group of people, is that you know we've had farmland and we, you know we've given away for practically nothing. We had property aired to us and we just kind of let it go, we don't pay the property tax on it, we just forget about it. We got to get out of that thinking.
Speaker 1:We got to hold on, because that's where wealth is generated and that's where wealth is built is by holding on to property. I get that. I definitely get that. I'm glad you made that point to our audience. Man, this has been good. We can keep talking for another 30 minutes. Really good stuff. I mean I had a list of questions. I don't know if I'm going to get into all of those. You've given us so much information, so much exposure and obviously there's a lot of opportunity here again.
Speaker 1:Talk to my audience. Tell them how they can join your group.
Speaker 2:Hey, I will come to Tiffany. I'm on Instagram, tiffany Tyuse on Instagram. I have the links there on my link tree. You can also send me a DM on my Instagram. Instagram is the best way to actually get a hold of me because I'm always on there, I'm always posting and I'm always giving people information about the links and the D's because, to be honest with you, george, a lot of people feel like it's fake. It's not even real.
Speaker 1:I know, yeah, and I'd be like, no, it's really real.
Speaker 2:Or they listen to individuals that have bad experiences because they didn't know what they were doing. You understand I teach people to start right where they are with what they currently have, because a lot of people look at real estate sexy part of real estate, right where I'm getting this million dollar property and understand I'm teaching you how to start from the dirt. You understand what I'm saying because a lot of these real estate gurus they start off with a income tax check. You understand, start off with one property. So understanding how to start right where you are with your current income, where you are right now, and building from there and learning along the process of it, because nothing beats getting the knowledge and the education. You understand Because you can take that anywhere with you, no matter what market that you're in. You're able to learn how to pivot within the real estate market with whatever is going on and being able to actually make money from it.
Speaker 2:Tax liens and tax deeds they're not. They're um recession proof. They're um a collapse proof. They're inflation proof. They're the stock market proof. None of these particular things that's happening in our current economy is being affected by tax liens and tax deeds are not affected by any of these things, guys, and that's why it is backed by the government. These are state laws and state statutes that are put in place for you to actually win when it comes to tax lien and tax deed investing. You're either going to get a property or you're going to make money, and I can show you how by joining the scale membership group. Good people Tiffany, ty, use on all platforms. Join my membership group today so you can get yourself some real estate.
Speaker 1:There you go. There you go, tiffany. I mean, this has been really great. I really really appreciate you coming on to the show and we'll always offer this invitation to come back anytime you know you want to to share with the audience. I hope this, you know, grows your business. You know, triple, because you have a lot of valuable information, which is what we try to do on the Crotchet Old man podcast.
Speaker 2:It's provide information, education, exposure and opportunity to our audience, and you've definitely done that today definitely absolutely, and thank you for the offer for even coming on your show, but also, george, for for anyone, no matter when you listen to this particular um broadcast. Um, I'm giving out a free item, which is the seven biggest mistakes to avoid at a tax sale. Just come to my Instagram page and in my Instagram, in the DM type the number seven, the number seven, the numerical number seven, and I'll get that e-book out to you for free.
Speaker 1:Oh man, I may even do that after we hang up from here. I'm definitely interested in everything you said. This has been some really really good information, really good information so you're welcome, hey, folks. Um, thanks for joining and, uh, here again, thanks for coming on. As we always say on the Crouchy Dome man podcast, if you didn't know now, you know. Tiffany, take care. Thanks, and talk to you soon.
Speaker 2:All righty, thank you.
Speaker 1:Bye.