Short YouTube video by Mark J. Podolsky (the Land Geek) giving practical advice to investors: do not spend money on title searches for properties prior to buying at tax deed or tax lien sales because you don't yet know which parcels you'll acquire. He notes that since 2001 he has not encountered a title issue on properties bought at tax deeds, that title problems are rare and generally easy to clear after purchase, and that services and course materials can teach post-purchase title searching. The clip ends with calls-to-action to visit thelandgeek.com and download free resources (Passive Income Blueprint, ebook on avoiding land-buying mistakes) and subscribe to the podcast.
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Hey, it's Mark Podolski, the land Geek from thelandgeek.com let's have another virtual cup of coffee together. So for those of you who have invested in the Investors Toolkit, you know that I'm a big believer in the letter writing campaign. But for those of you who like to go to the tax deed or tax lien sale newbies, you ask me a lot of times about title searches. Should I start doing title searches on these properties? No, don't do title searches on properties. Properties you don't know if you're going to buy or not, or be able to acquire or invest in at the tax deed or tax lien sale. No. Now, after you buy the property, let's say there are services that you can use to help you do a title search. And in my course I show you how to do that so you can do it on your own and save yourself the money and time. Since 2001, since I've been doing this, how many properties have I bought at tax deed sale that I've had a title issue on? That's right, zero. It's very rare. However, it does come up occasionally and it's not a big deal to clear those titles when they do come up. But again, to spend the money on 100, 200 a thousand auction list is just crazy. Crazy. So if you want more tips, tricks, techniques on how to make additional income actively or passively buying and selling raw land, go to www.thelanegeek.com. download for free the Passive Income Blueprint, get the ebook how to Avoid the three Fatal Land Buying Mistakes. And of course, get the podcast delivered each week into your email inbox. This is Mark Podolski, the Land Geek. Thanks for having a virtual cup of coffee with me. I'll see you next time.