The Truth About Tax Lien Investing
The Ramsey Show Highlights
Ramsey Network
4.5 • 840 Ratings
🗓️ 11 October 2024
⏱️ 8 minutes
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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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