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The Ramsey Show Highlights

The Truth About Tax Lien Investing

The Ramsey Show Highlights

Ramsey Network

Investing, Self-improvement, Education, Business

4.5840 Ratings

🗓️ 11 October 2024

⏱️ 8 minutes

🧾️ Download transcript

Summary

📱Download your free Ramsey Network app today! 💵 Start your free budget today. Download the EveryDollar app! Did you miss the latest Ramsey Show episode? Don’t worry—we’ve got you covered! Get all the highlights you missed plus some of the best moments from the show. Watch entertaining calls, Dave Rants, guest interviews, and more! Next Steps 📞 Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET or click here! Listen to more from Ramsey Network 🎙️ The Ramsey Show   🧠 The Dr. John Delony Show 🍸 Smart Money Happy Hour 💡 The Rachel Cruze Show 💰 George Kamel 💼 The Ken Coleman Show 📈 EntreLeadership Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Brought to you by the Every Dollar app. Start budgeting for free today.

0:06.0

I have a very close son of mine who had done a lot of good work as an electrician, doesn't

0:15.6

have a lot of debt, but he is asking about tax lien investing.

0:24.4

I guess his goal is obviously to make some more money,

0:29.1

but also to get into real estate, I guess, a little easier in a way,

0:34.3

but I just kind of wanted to know your take on tax lien investment.

0:38.9

Okay. He's asking you about it? Well, he, okay, so he's telling me what he's thinking about doing.

0:47.1

Okay. How old is he? He's 24. Okay. All right. Um, this falls and I can explain to you what it is and how it works, and I'm happy to do that for the,

0:58.6

especially for the benefit of our audience.

1:00.9

But let me tell you where he found it.

1:03.6

He found it on TikTok with the get rich, quick, easy, nothing down real estate people.

1:12.7

Probably.

1:13.9

That's where he found it.

1:16.3

Because that's the only place anybody talks about this subject.

1:19.7

And they do it to get clicks and views because it sounds amazing and it sounds too good to be true.

1:23.3

Or buy their course for $3,000 on how to get rich buying foreclosure real estate and doing tax liens.

1:31.0

Okay.

1:31.6

Right.

1:31.9

And by the way, this is the same exact line they used.

1:35.9

Wait a minute.

1:37.0

Kristen, how old are you?

1:39.5

I am 43.

...

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