Texas Just Did THIS to Property Taxes (is YOUR sate next?) | 1510

Epic Real Estate Investing

Matt Theriault

Education, Business, Investing, How To

4.8 • 955 Ratings

🗓️ 22 August 2025

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this podcast, Matt discusses Texas's recent move to cap property taxes and the upcoming vote that could eliminate $10 billion in property taxes, highlighting the potential impact on homeowners like seniors and those on fixed incomes. He contrasts Texas's approach with other states, some of which have considered or rejected similar measures, and warns of possible unintended consequences, such as funding shortfalls for schools. Matt also exposes a practice in several states where governments kept surplus funds from property tax foreclosures, a practice recently ruled unconstitutional by the Supreme Court. He introduces his friend Bob, an attorney who helps people recover these surplus funds, and suggests that listeners could turn this into a lucrative side business. The episode blends policy analysis, personal stories, and practical advice for those interested in property tax issues and financial opportunities. BUT BEFORE THAT, hear about why YOUR prices are about to EXPLODE! Useful links: https://live.americastaxsaleattorney.com/s/JRosbg?_ef_transaction_id=2a3b320b5eba45b1ab0b500c82bc218a&utm_source=Affiliate&utm_medium=webinar&utm_campaign=epicrealestate-Promo-Aug-2025&utm_content=webinar&utm_term=epicrealestate-List https://myescapebook.com/escape-2?video=0KDH7rzZZWk https://epicearnwhileyoulearn.com/yfd?video=0KDH7rzZZWk https://intensive2025.com/?video=0KDH7rzZZWk Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is Terio Media.
0:04.0	Hey, strap in!
0:07.0	It's time for the epic real estate investing show.
0:10.0	We'll be your guides as we navigate the housing market, the landscape of creative financing strategies, and everything you need to swap that office chair for a beach chair.
0:19.0	If you're looking for some one-on-one help, meet us at
0:21.7	rei-aise.com. Let's go. Let's go. Let's go. Let's go. Let's go. Remember when they promised
0:29.3	no recession? Soft landing, they said. 80% chance we avoid it completely, they promised. Well,
0:35.6	the chief economist of Moody's, Mark Zandi,
0:38.4	just quietly confessed, the economy is on the precipice of recession. The same guy who said
0:44.5	we'd be fine is now admitting we're not. And while you were distracted by other headlines,
0:49.8	the data shows we might already be in one. This isn't a prediction anymore.
0:55.4	It's a confession, and what they're not telling you is about to hit your wallet hard.
1:00.2	53% of industries are cutting jobs right now.
1:03.1	More than half the economy is shrinking.
1:05.2	That number, 53%.
1:06.7	Historically, that's when recessions begin, not when they're coming.
1:11.8	We're already there.
1:18.9	July jobs report. Only 73,000 jobs added when they expected over 100,000. And they had to revise May and June down by 258,000 jobs. A quarter million jobs that they said existed didn't. Credit card debt
1:26.3	just hit $1.21 trillion, an all-time high. And nearly 7% of existed didn't. Credit card debt just hit $1.21 trillion an all-time high,
1:29.7	and nearly 7% of people can't pay their bills. For people under 30, almost 10% are behind on payments.
1:36.1	Meanwhile, Mark Zandi, who promised that soft landing, now says consumer spending has flatlined,
1:42.1	and employment is set to fall.
	...

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