In this episode of the Dream Huge podcast, host Pete Peterson interviews Brian Seidensticker, founder of Last Best Partners and Tax Sale Resources. They delve into the intricacies of tax sales, the auction process, and how technology is transforming real estate investing. Brian shares his journey from being a property flipper to creating a successful platform that aggregates tax sale information, and discusses the importance of research and understanding in this unregulated space.
Takeaways
- Understanding tax sales is crucial for property owners.
- Tax lien sales help counties balance their budgets.
- Investors can earn interest through tax liens.
- The auction process varies by state and type of sale.
- Technology plays a key role in accessing tax sale information.
- Investors need to underwrite properties before bidding.
- Cash is typically required immediately at tax deed auctions.
- Starting bids for tax deeds are usually lower than mortgage foreclosures.
- Research is essential before participating in tax sales.
- Brian's journey highlights the importance of learning from losses.
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