Digital Social Hour - The $500 House Hack That'll Change Your Life | Joseph Griffin DSH #1041

Episode Date: January 1, 2025

Discover the $500 house hack that's changing lives! 🏠💰 Joseph Griffin, the Tax Deed Wolf, reveals his secrets to building wealth through tax deed investing. Learn how he turned $400k into $3 million in just one year! 🚀 Join Sean Kelly as he dives deep into Joseph's journey from nurse to real estate mogul. You'll hear about: • Buying properties for as low as $500 💵 • Using business credit cards to fund deals 💳 • The power of OPM (Other People's Money) 💼 • How to avoid common real estate pitfalls 🚫 Don't miss this game-changing episode packed with valuable insights on tax deeds, wholesaling, and building generational wealth. Whether you're a seasoned investor or just starting out, Joseph's strategies will blow your mind! 🤯 Ready to escape the matrix and take control of your financial future? Tune in now and learn how to become a real estate wolf! 🐺 Hit that subscribe button and join the Digital Social Hour community for more eye-opening conversations on business, investing, and success! 📈 #biggerpockets #discountedproperties #househacking101 #overthecounterdeeds #househackanalysis CHAPTERS: 00:00 - Intro 00:38 - What are Tax Deeds 01:04 - How Joseph Got Started in Real Estate 04:33 - The Tax Deed Wolf Fund Overview 08:01 - Using Credit Cards to Buy Houses 09:48 - Tax Deed Auctions Explained 11:34 - Wholesaling Before Auction Strategies 13:24 - Why He Teaches Real Estate Investing 15:50 - Tax Sales: Land vs. Houses Comparison 17:11 - How to Make Money in Real Estate with No Money 18:53 - How to Get Money Back from the Government 20:53 - Getting Insurance on Tax Deed Properties 21:43 - How to Fix Your Credit in 30 Days 22:28 - 90% of Tax Deed Properties Suck 25:48 - Military Insights on Real Estate 26:48 - Upcoming Events in Real Estate 27:17 - Book a Call for Consultation 29:06 - Dave Ramsey's Influence on Investing 30:40 - Subject-To Financing Explained 32:53 - Where to Find Tax Deed Wolf Resources 33:05 - Final Thoughts on Real Estate Investing APPLY TO BE ON THE PODCAST: https://www.digitalsocialhour.com/application BUSINESS INQUIRIES/SPONSORS: [e-mail] GUEST: Joseph Griffin https://www.instagram.com/taxdeedwolfceo https://www.taxdeedwolfacademy.com/wolfden LISTEN ON: Apple Podcasts: https://podcasts.apple.com/us/podcast/digital-social-hour/id1676846015 Spotify: https://open.spotify.com/show/5Jn7LXarRlI8Hc0GtTn759 Sean Kelly Instagram: https://www.instagram.com/seanmikekelly/

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paid right then you get to the point where it's like work paid paid paid paid paid paid paid paid and that takes years facts people want that instant gratification these days don't give up in two months yeah they'll say you're a scam for giving up two months you'll work for 40 years for somebody else, but they can't give themselves three years Alright guys digital social hour in the new studio Joseph Griffin here today, and we're talking tax deeds. Yes, sir 1200 episodes and I've never talked about this on the show man. I'm about to light it up. Let's go get ready We'll start off basic cuz probably 99% of people don't even know what that is. 100%. So let's break it down. What happens is, in the US, whenever you own a property,

you have to pay your property taxes. You don't pay those property taxes. Counties are going to come and they're going to take that property. They're going to sell it at some form of auction. This has actually been going on for a very long time. If you watch the shows from back in the day, you didn't pay the king.

They came and they beat you up. They don't beat you up anymore, but they will take that property I love it. So you just started going to these auctions and buying properties. That's how it started. That's how it started I was nursing at the time. I was military actually they sent me to medical school then LPN school then became our in and I had a little bit of money as an RN and I'm like man. I want to I need to get into real estate That's what all the other millionaires are doing But but I didn't think I had enough money and I didn't know nothing about credit or none of that back then

So somebody told me about it and I looked it up and I was like no way I entered my first auction got a property for three thousand dollars. Wow my second in the same month $1900 holy and at the same time use my VA loan and just got the keys to a house with no down payment Damn, so here I am like in my 20s three properties using less than like $6,000. I was like, okay, this is where it's at. That's a money burner. Oh yeah. So you made more in a month than you did your whole life.

You know? Well, technically, yeah. Cause when I finally sold that house that I got, 200,000, like 200K profit. Whoa. Yeah, I got it at 70,000. I sold it at like 300,000 200k profit. Whoa. Yeah, I got it at 70, like 70,000. I sold it at like 300. Holy crap.

And what state was that in? That was in Florida. It's a small city, Deltona, Florida. Okay, so that's probably a good trick to go to the smaller cities, right? Everybody goes to the major cities. I go to the outskirts. When the major cities fill up,

everybody's just gonna buy it. It's cheaper, right? Taxes are more affordable, insurance more affordable, and they're just going to commute to work. So that's always where I go. The big cities, I find the cities that you have to basically live there to know what city I just said.

For instance, Deltona. Yeah. And how often are these auctions? It depends on where you live. Some places may have annual auctions. Some may have two a year. Some counties may have an auction every other week. Like Hillsborough County, Tampa, they

may be every single Thursday. Or if volumes, if inventory is low, maybe every other Thursday. But it really just depends on what state and what county you're going to. Interesting. And do you know the address before you get there? Or is it random?

Oh, man, you can see the list two months before in most cases, sometimes like one month, sometimes even less. But you go ahead, you research these properties. You've got to do your due diligence in real estate. And that's where a lot of real estate investors really f up. They just buy and they think, OK, I'm buying real estate. It's all good. You have to know what the value of it is,

so you know how much to spend, how much rehab is going to be involved, how much money you're going to make, right? What's the cash on cash return? Lean searches, title searches, right? There's so much more to the game that you might not hear everybody talk about on the daily. It's not the sexy stuff.

Not the sexy stuff. But a lot of people are losing. Oh, yeah. That's a fact. You see real estate investors on social media talking all the, I'm doing this, I'm doing this. To be honest with you, most of them really aren't making money. Yeah, there's almost like a bad taste in people's mouth

from these real estate gurus. Oh, especially when you have a course. Yeah. You got an uphill battle. That's why it was smart for you to pick this niche, because I feel like the fix and flip got wrecked. A lot of those guys got burned. Definitely.

Yeah, the burr. You know, everybody's trying to burr. Airbnb. Oh my goodness. Oh, those guys. Started on Airbnb. Section 8's a hot one right now, I see. I see it's coming up.

But I feel like they make it too easy. Like, they show it in the ad, like, you just invest and you get this money. But there's probably way more that goes on. You know, they do make it. Same with any other niche. They make it sound like so easy. But even with the Section 8,

you know, you have to be up to code, right? If you're not up to code, even if it's your tenant's fault, you know, you might not get paid, you know? So that's tough. Yeah. It's tough. And that's why I actually, I kind of stay away from Section 8.

Oh, you do? Yeah, I stay away from it. It is appealing to a lot of people because it's cheap. Like, your model's pretty cheap, too. Oh, just wait till I get started guess start breaking down some of these numbers. Oh yeah. Yeah. You were talking out there you bought a house for 500 bucks. Five hundred dollars in Alabama. Wow. If you go to revenue Alabama dot gov. Right. There's literally a list of thousands of properties.

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Hey, I want this one. They get back to you. Hey, you have 10 days to respond. It's gonna be this price if you want this house. You pay it, yours. Wow. So you're just stacking houses right now. Stacking houses.

Me and my community, the wolves, we're killing it. Yeah, how did that start, the wolf stuff? Man, we did a, what was it called? It was like a training session at one job I was with, and they're like, what animal do you relate to the most? And I thought it was the craziest, most stupid thing in the world, but it's like, OK, I related to the wolf. That was my thing.

And then it just stuck with me, man. And once I got into tax deeds, I was like I had to be something that that's catchy You know, it's like our tax D wolf. Yeah, I just ran with it and you're like the guy for D's now the Number one number one by far. I don't know anyone else doing it. No one does it at skill like we do, right? There's some people that do it and I'm be honest. They're older They're like 60s and up and they they're probably not even doing it anymore, they're just selling a course. But with us, somebody taught me,

a lot of people taught me to use OPM. And before, I told you when I was a nurse, I had my own little bit of $6,000 that I used. But once I learned about other people's money, I actually started a fund. We raised like $400,000. And what niche can you turn $400,000 into 3 million? Right?

And what niche, seriously, there's a, there might be a few, but that's really hard to do. That's an 8X return. With just $400,000 we had, we were managing 3 million in assets. Wow. And over what years did that take place? This was in 2021.

All in one year? That was in one year. So you 8X in one year. In one year. Holy crap. And that's because of the equity. Let me break down a couple of the properties to you. So one property we got was like $16,000 in Texas, okay?

The house was valued at $300,000. Wow. Right, another one we got around 14K. That house was worth like 200, around 212 or something at the time. You know, that funds even, that funds over now right but it was amazing it was a man that's when I really blew up that's crazy I love this model because you're not risking like six seven figures to buy a house it's throwaway money I'm

wearing Vegas right now it's the same money you'll be gambling casino we're right that's crazy because a lot of people, that was my thing with the fix and flip method. You're putting 100K and then you might not even sell it once you fix it up. Right. So you're stuck with all that money in the house. Especially in this market right now,

when interest rates went up, a lot of those houses started sitting. Right. COVID had people thinking, oh, I could just buy anything and then I'd just be this super multi-millionaire investor. Once that died down You see so many people giving up on real estate. Yeah, even real estate agents It's just you know, they don't understand how consistent you have to be in that you have to actually keep building your knowledge

Or you're gonna get lost absolutely run circles. Yeah, so are you trying to raise more money or where you out with the OPM now? Actually with the OPM so we're using believe it or not, we're using business credit cards. To buy a house? Credit cards to buy houses. Whoa. Yes, even tax deeds. And a lot of people are going to be like, what, how? Because they only know how to swipe the card.

They know nothing about liquidating the card. So to give you an example, if you go to a website like Plastic, some people say plastique, right? It's plastic with a Q. You literally swipe your card, they will wire the money to Tidal so you can buy that house. So it's some amazing stuff. OPM is awesome and the credit card is simple interest so it's not like the mortgage that's compounding $200,000 mortgage picked over $300k by the end of the loan. The credit card interest, okay I use $30k, I'm paying interest on that 30K that I use, right?

So it's just, it's amazing. It's much cheaper money. Wow, and you could get business credit pretty easy. People don't understand. Sean, people don't understand, man. If your personal credit is good, you can start a company. I literally have mentees that have done this. You can start a company today.

You can have business credit by next week if you just personal guarantee that company. You walk into the bank, banking relationships, another thing a lot of people don't talk about, but you gotta have these relationships in the bank because they need to give you the money. They're not, could you imagine if the banks could go and buy the houses themselves?

We'd be screwed if the banks were just buying all the, no, they need you to take the loan and they're gonna give you the money and they're gonna have give you the money and they're going to have that that asset as leverage though, right? They have, they need to give you the money. People think the banks are after them. No, the banks, they want to partner up with you. Facts. Yeah, those relationships are key though. Cause I had a guy at Chase, he gave me a 50k credit card.

That's too easy. You know how many tax deeds you could get with that? You got me interested for sure. I might have to get one, man. Vegas is probably a tough market though. Vegas actually has a sale I want to say. Well, I can't say Vegas. It just goes by county. So I was just talking to my CEO.

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He's a gambler and he was telling me there's an auction I think coming up in December. Oh really? So I told him, hey look, go look it up, whatever county it is you're talking about, we're gonna fly our bus back out here in December. I might pop in with you guys. That'd be cool. Do you ever film those? We have before.

We have before. It really just depends. A lot of the auctions we do now are online. So it would be a little boring if it's sat there and watching you on the screen. It's like, OK, two minutes on this property, two minutes for this one. So you don't get to see the actual house.

You can. Oh, you can? You can. Now, can you go inside? That's a different question, right? Got it. Because if somebody lives there, then of course, you're trespassing. You can't go in their house. To be honest, I don't like to deal with properties that,

when someone's occupied, I go for vacant properties. And that's what I've done my seven years in this game. That's what I've done my whole career. Vacant properties, there's hardly ever any hiccups. And most of the cases, if no one's living there, they don't care about the property. Some grandma died or something, left it to grandson, grandson doesn't care about, grandson's not doing nothing

with his life, we're playing PlayStation. We come in and the real sauce is, man, we get the properties before auction. I don't like going to auction. Oh, really? So we get the list in enough time. You ever had anybody come in here and talk about wholesale?

Yeah. Man, we get the list in time. Go ahead and do our due diligence on the property. Why go to auction with Jeff Bezos and Elon Musk when I can approach the property owner, something Elon Musk and Jeff Bezos don't have time to do and I can offer them a Price for that property on the spot smart we get it before auction now the cloud the title is not clouded and we actually just Did a clean sale? Yeah, that's brilliant. We can wholesale it before we don't even have to use any of our own money Just get an in buyer to come take it off our hands Dude, I love that so you find a hole in the market man

We are like my wholesale team right now. I had to make a whole different department for it. My wholesale team right now is doing like six figures a month. Damn. Yeah, 100 grand. So wholesale still works. 100 grand, 150 grand a month. There's people that say wholesale died. No.

No, I think consistency died. It's never, you know, nine out of 10 aren't going to do it. But if you do it right, and they don't understand it, you won't just make millions in three months. It took me years to get here, and that's what a lot of people don't understand. There's times where I didn't make any money for a whole month, you know?

Then suddenly it goes work, work, work, work, work, paid. Work, work, work, paid, right? Then you're like work, paid, work, paid, work, paid. And then you get to the point where it's like work, paid, paid, paid, paid, paid, paid, work, paid. Work, work, work, paid, right? Then you're like, work, paid, work, paid, work, paid. And then you get to the point where it's like, work, paid, paid, paid, paid, paid, paid, paid, paid. And that takes years. Facts.

People want that instant gratification these days. And they'll give up in two months. Yeah, they'll say you're a scam for giving up after two months. Two months, still give up. People will work for 40 years for somebody else, but they can't give themselves three years. Crazy. And that's why we're wolves,

so we call ourselves wolves, because everybody else is sheep. It's a mindset thing for sure. Yeah, people want that victim mentality, right? They love it. It's easy to feed into it. I used to think that way growing up. So we were brainwashed.

Yeah. That's how we were taught. Yeah, 100%. Literally, you have to break that. It's the matrix. You got to get out. You got to get, I'm on my Escape the Matrix tour. Same, same. I have two more cities. But yeah, you have to break that. It's the matrix. You gotta get out. You gotta get, I'm on my Escape the Matrix tour right now. Same, same.

I have two more cities. But yeah, you gotta escape the matrix. Oh, you're doing an old speaking tour right now? Yeah, we've been on tour mostly in Florida cities. We went to Georgia. We were gonna hit up Arizona. And I think we're gonna do a New York. Nice. Actually, yeah.

That'd be dope. So you're like teaching this. What inspired you to like teach it rather than just do it yourself? Man, because one, it's something that I wish somebody would have taught me, right? So you're like teaching this what inspired you to like teach it rather than just do it yourself man because it one It's something that I wish somebody would have taught me right growing up I'm from new orleans originally and uh came up in the sixth ward That was in jail my whole life didn't even know my mama my grandmother raised me right

So if I would have learned this like it would have really changed my life if my parents would have learned this right? This would have changed my life So when I started doing it, I wasn't thinking about teaching it at all. Like I just wanted something better for myself. I don't want my family to come up like I did. So I started doing it and people were hitting me up like, oh man, what do you do? I just started documenting the journey like, hey, I got this for $3,000. Oh, I got this one for $1,900. I got an acre of land for $1,400. And they're just blowing me up like, can you show me, can you show me?

I started doing one-on-one consultations with people, and my calendar was so booked, I was having anxiety attacks. I've been there before. Yeah, I literally had to go to the hospital, like I was booked up, and I was just like, oh my gosh, I can't do this. Yeah, you weren't charging enough.

$200. Oh, that's cheap. 200 dollars. For an hour? Man, it was like two hours. Oh, bro. I didn't know what the hell I was doing. Yeah, you were worth more than that.

One on ones just showing people the game. This is like way in the beginning. Now, good luck. 200 dollars is, that was the Uber to get here. Inflation, man, blame it on inflation. That's why I don't do one-on-ones unless it's thousands because your time is worth a lot these days. Now, 3000 for an hour.

100%. Just for me to even think about it. Yeah, no, I'm with you on that. Because it's not scalable, one-on-one. Definitely, you gotta do the group. Group, if you're doing one-on-one, I know these guys are charging $40,000 for a one-hour phone call damn

Who's that like guys in your space or different? You look at Grant Cardone? Oh great? Yeah, my ring golden like these guys are I think you've had all I think yeah all them on the show I've had a grant Myron's gonna come on eventually. I didn't know Myron was charging like that Wow beast he is somebody who really knows what they're talking about, like those individuals, man, they're not. You can't take them out for coffee. Yeah. Good luck.

I hate when people ask me, can I come pick your brain? Oh, that's a pet peeve of mine. When they ask for coffee or pick your brain, like, come on now. Nowhere. Who's teaching you to tell people that? That's terrible advice. Crazy stuff. I didn't know this worked on land, too.

You said you bought some land? Land's actually where I started. It's cheaper. So to give you an example, like, a state like Florida. Now, I didn't even explain. Let me go back. There's a different type of tax sale. It's tax sale, and then there's different types.

So we have tax liens. We have tax deeds. We have tax redemption deeds. There's sheriff's sales. There's scavengers, there's all different types. And depending on what state you're in and what type of auction your county holds,

will determine which one you're gonna enter and what's gonna be the style. With liens, you're not getting the house, you're just buying the debt, right? And a lot of people are like, when I post on social media, oh, I just won this auction, this is mine. He's lying, he's a scammer.

They just are telling their version of the truth, right? Because they may live in a state that has a redemption period or a state that only does liens. So I'm in Florida, we have liens and deeds, right? So I can go to leanhub.com and go like just to a lien sale, but I can also go to real auction and go to a straight up deed sale.

When I win a deed sale, I pay the county, the deed is mine. I sold property deed sale, I pay the county the deeds. It's mine. Got it. I sold property in two weeks. Wow. They don't understand that because they live in a state that has a two-year redemption period on a lien or something or a state like Georgia or Texas where they have a one year redemption, but they call it a deed. It's not a deed. It's a redemption deed. It's in the title. Got it. it. So people are so confused on that. But to answer your question, in Florida, the land was so overlooked when I got started in this industry.

Everyone wants a house. Everyone wants a house. And I'm like, OK, I can get land for $2,000 right now. Let me start buying land. I'm getting quarter acre lots for $2,000, $3,000. I'm selling these lots for 15k, 20k. And that's still below market. Now that same area I told you where I started in

has blown up so much so to the point where land that I used to sell for 20k now sells for 70,000. Wow. That's crazy. Market blew up. Damn. Yeah, land's going up everywhere, I feel like. We're running out of land, right?

Right. So like I said, a city like Orlando, all right, cool. We start off in Orlando, but then we're building. We're building. Apartment complex is coming up everywhere. Where are we going to go? Where are we going to go? So then I just started.

It was a simple model. Buy a property for under $4,000, under $3,000, sell it to a builder for more. It was a simple model. Nice. Even if I only made $4,000, $5,000, it made builder for more. It was a simple model. Nice. Even if I only made four grand, five grand, it made sense to me because it was so simple.

Yeah. How hard is it finding those builders? Too easy. It's easy? It's easy. Yeah. When you drive past anybody that's building a house, usually they have like their sign up.

I would literally just drive around, I'm looking at the signs, I'm walking into brokerages, looking for real estate agents and stuff, asking them, hey, I have land. Do you know any builders? Hey, I have land. Networking, it's all about who you know. And once I built my buyers list, right now we have about 15,000 buyers on our buyers list over the years.

So now I can have, I literally have properties sold before I even get them under contract. I know who I'm calling. Damn. Before it's under contract, I know who I'm calling. I know how much they're willing to spend. That's impressive. Yeah, you built up a great network.

You've been on some huge podcasts. So you've crushed that part. And social media, you're killing it. Yeah, I'm on a huge podcast right now. Yes, sir. I feel like, though, getting on social media helped your business a ton. 100%.

Because now it's not just about those tax deeds, right? And now I get people just sending me all types types of like, when they're behind on their taxes and they don't know what to do, they come to us. So people really didn't understand the full picture of what we did. So not only can we go to auction and win property, but we've established ourselves as the subject matter experts, number one in the nation. So now people going through those struggles, we always talk about the terrible deeds, debt, divorce, disability, but now deeds, they're not paying their property taxes.

So they come to me, right? And now we can educate them, we can also educate other investors, and then we can educate the property owners about the tax surplus. That's another thing we don't talk about. When there's those overages, let's just say you own a property you owe 3,000. It goes to auction I went in for 10,000 the county's only taking the 3,000, right? If that's what all the fees added up to and the taxes they're only taking 3,000 You can actually go get the seven the seven thousand dollar difference really and the homeowners don't know that what yeah

No, I'm told you I'm blowing up your pocket Blowing it up. So you can do we we call it tax surplus. Some people call it overages, but you can literally help these homeowners now and get that money and you charge like a percent. Hey, wow. I can get you this money back, but I, you know, 30% is my fee. What's that process? How long does it take to get the money back? Process isn't bad. Really? Yeah. I have a whole, I have another department that does it. It's too much for me. I ain't calling nobody. Right now, I don't even do any cold calling or nothing. Like, the VAs are handling that. The wholesale team's closing.

But we have a whole department that does it. Damn, you're going quick, man. How many people you got working for you? We got about 15 right now. Okay, so still pretty lean. Still pretty, yeah. We got, you know, our office is, I don't know, our office is like 2,500 square foot or something like that.

You know, we got the, I'm so vertically integrated at this point, I just, I hate missing out on money. So I was doing the tax deeds and then I was like, man, you know, there's so much we're missing out on. I started Wolfpack Realty. So then we had the brokerage in Florida. Then it's just like, man, what else am I missing out on?

Okay, title company, Wolf Title. They had the launch Wolf Title. So now when it comes to like even clearing the the title on tax deeds because the tax still will cloud the title and Attorneys are charging like $3,000 to do what we call a quiet title process and it could take you know, two three months Well with our title certification process We'll give we'll give insurance on on the tax deed property if it qualifies and we can do it in ten days Damn and we were half the half the price. Yes if it qualifies, and we can do it in 10 days. Damn.

And we're half the price. Yes, you're solving a big pain point there. Big pain point. And you come to us and just, you come in here, you come in here, you come in here. Full service. Seven businesses at this point. I love it.

You do the credit stuff too? I have a partner. Partner. OK, credit. I couldn't get into credit. No. I couldn't do it. There's a real huge misconception when it comes to like credit repair services stuff

People think oh, it's just gonna happen in a week and all this and all that it takes two months Yeah, it takes it takes too long a lot of headaches to and that's a lot of complaints clients are gonna he's a scammer Yeah, shout out to those credit repair guys dealing with craziness. They got tough skin. Yeah. They got tough skin. Good credit's important though. You got, there's a complete picture.

I came from nursing. I can't give you a medication for your heart without knowing how it's gonna affect your kidneys, your liver, right? That's the aspect I took into real estate. So I can't just teach tax deeds. You're gonna just go there and buy tax deeds and you're gonna be like all these other people

and my DM's crying because you bought a crappy property. 90% of the properties suck. Really? 90% suck. Yeah, they're landlocked or something or you think you're getting a good piece of land and you find out that there's a demo lien,

there's all these other municipal liens on it, so now you owe more than what you thought. You thought you were gonna do a nice quick flip and put you to know what you're doing. Because you thought you could do it the cheap way, right? Like the YouTube university, Google university. So man, you got to know what you're doing. Due diligence, man.

100%. Yeah, because if you bought a property with a lien, you're now entitled to pay that, right? Depending on what lien we're talking about, some will die with the sale, like the mortgage. Mortgage will die with the sale because people ask me that all the time, what about the mortgage?

It can't be true. Well, when you have a mortgage, you're paying your property taxes and insurance, usually in escrow, right? So if you're paying it, you're paying it. If you're not paying it, the bank is just gonna foreclose on you long before the tax sale auction ever comes.

So if the bank let that property, if they were notified the correct way and they let that property go to auction, they're screwed. Damn. That's nuts, man. Yeah, they're screwed. You said you grew up in New Orleans? New Orleans, man. Oh, that's the right way to say it, right? New Orleans, yeah. No, no, I don't care how you say it. How long were you there? Born and raised. So I left New Orleans actually when Hurricane Katrina came. Okay. All right. people were like, oh, where's your accent? Where's your accent? So, I went to private school.

My grandmother that raised me, she was a janitor at this private school and I played basketball. Oh yeah, we might have to play, bro. Definitely, so they gave me like a scholarship, especially because she worked there and everything. And so I just learned how to speak properly and I got made fun of for like saying certain things. And so I developed like, you know, I talked pretty proper and people are like, I don't

hear your accent. That's because I got made fun of all the time. Damn. So private school. I lived in the hood and I went to private. It was like Everybody Hates Chris. We got the show. I lived in it.

I lived in a ghetto, gunshots every night to private school, wearing a uniform. So you got to experience both worlds. Best of both worlds. And I'm so thankful for it that she raised me, because she worked three jobs. Holy crap.

Your grandmother? Yeah. Wow. That's tough, man. Did you retire her? Oh, she's still taking care of it, but she don't want to quit. I love that. She don't want to quit. I love that.

She don't want to quit. I cover all her bills. Like, look, you don't have to do anything. My first tax deed, my first tax deed flip, I made like $6,000 off of it, right? That's a small amount of money to a lot of people, right? But for me at the time, it's like, man, how many hours would I have to put in the nursing

to make that amount of money? And I called her up on the way home, I was like, mom, I just made $6,000, this is the way. I'm like crying on the phone, like boohoo crying. She was like, you know, you go, keep doing it. And then we just, man, we just started killing it. That's beautiful, dude. Yeah, nursing would have been 300 hours probably, right? 20 an hour.

And you're stressed. Stressed. People don't, yeah, it's like, okay, money, okay, but for what you have to do for it? And you don't, that stuff you. No, I'm why I'm working in the ICU, you know people coding all the time You know, you got a white but all the It's a lot going on in the nursing field. Oh, yeah, I respect those guys. But yeah, they're dealing with a lot. It's tough Drinking after every shift. Oh, man. It is tough. You were in the military too, you said? Yep, 11 years in the Army. Holy crap.

You lived a long life for a 30-year-old man. You still got that young energy. Joined the Army when I was 17. Wow. Because I didn't know no other way to pay for college, honestly. So I went National Guard. So I'm just going on the weekends, basically.

But of course, what you don't know, they're like, hey, join the reserves or National Guard. You don't know that they deployed just as much as the active duty guys. They don't tell you that. Yeah, they don't tell you that. So you got deployed? Oh my goodness, I'm like, deploying every three.

It's like, okay, I can't go on another, I went to Afghanistan. Wow. And then I did a private, did a private contract, actually kind of had to get let go of the Army to go do this one contract overseas. And then know I came back in the new unit they wanted me to go back to Afghanistan. You know what I'm done. Damn. And I'm a travel nursing at the time so it's like look I make more money on this side. I started

investing too. It's like yeah I'm done. Yeah. I feel that man. I think you made the right choice. You said you got two more events. When are those? We have November 9th actually in Jacksonville, Florida. And then December, I don't even remember the date for December, but we'll be in Tampa. And that's the whole Escape the Matrix tour. So going over pretty much everything. Investing, using OPM, other people's money just the tax deeds stuff, the fix and flips, I mean everything.

We go over pretty much everything. Yeah, we'll link those below. What else do you want to promote? Man, just if anybody wants to get started in tax deeds, I can't express this enough to you. I've lost more money than you can even imagine trying to do this on my own, because unfortunately, there was no number one tax deed investor when I started this.

So just reach out to us, man. Taxdeedwolfacademy.com. Go ahead and book a call. It's free. The thing is, you hear so many things from all these people. We're talking about this early. You got the burr, the fix and flip, the section A, what do I do? It's like three people in the backseat telling you one saying go left one saying go right and one saying stop

We get analysis paralysis We don't know where to start because no one ever guided us in a clear path And that's why I always suggest a book a call I can say all these awesome things anybody can say all these awesome things But you don't know how that relates to you until you get on a call with us So hey look you might want to do tax deeds, but actually you might you need to get this first And you might even want to do this. Hey, you need you get on a call with us. So we can tell you, hey, look, you might want to do tax deeds, but actually, you need to get this first, and you might want to do this. Hey, you need to get a business, and blah, blah, blah.

We got to talk about taxes, right? Not paying all these taxes when you start buying these properties, flipping these properties. So it's like, it's a lot to the game. Absolutely. Yeah, I've definitely had that analysis process, for sure, with real estate. Real estate, there's so many different ways you can make money

Off real estate. You just gotta have that path. Yeah, that's what people just they don't know what to do, right? They just get stuck and like I said, we were brainwashed man school teaches us. Hey, it's a B C or D Real life's not like that real life. There's more. There's a bunch of you you got your podcast I got real estate, you know somebody else has this. Was any of us right or wrong? No, real life is more so about appropriate versus less appropriate. Even when it comes to killing.

Oh, you killed someone. Is that bad? Well, what if they were about to kill you? Facts. It's appropriate versus less appropriate. That's real life. Yeah, it makes sense. Got to get out there and take chances.

For sure. What do you think Dave Ramsey would think of this strategy? Dave Ramsey would hate my guts, man. He's going to tell you, save until you die. Save, save, save. You don't get rich by saving. Yes, saving is good. But if you really want to build that wealth,

you have to invest. You have to be a risk taker. You have to take calculated risk, though. Don't just be out there throwing money. But know what the heck you're doing. Underwrite these deals. Do your due diligence. And invest.

I'd love to see you two talk about this. Oh my god. He's pretty stubborn, but it's working for you. I mean, it's hard to argue against numbers. Hard to argue, man. And you look at what the bank's going to give you, you look at what this IUL is going to give you, right? Whatever you're saying.

I don't know. I haven't even heard of them in a minute. But you look at the returns on there, and then I show you a real estate investment where we're getting 35% cash on cash return. Where are you gonna get that at? No brainer. 35% is insane. We've got some 55% cash on cash returns that we're doing.

People are happy with five to 10%. Exactly. Like when people really see what we're doing, they're like, holy crap. We're doing wholesale and tax deed to wholesale, tax deeds in general, tax deed to seller finance. We don't have to even put all the money up front. Hey, let me give you X amount down and then pay you this much over time. And then we can go ahead and wholesale that, still get the down payment. And even my guy, Kareem calls this a slow flip.

He's literally wholesaling properties basically and still getting a monthly payment on them. Wow. So he's taking his assignment fee and he's got his That's brilliant. And getting his monthly payment. What do you think of the subject two stuff, seller financing stuff?

Seller finance I love. It's actually one of my favorite strategies. We control almost everything. I didn't care about interest rates going up because I'm getting all my properties at 0%. When interest rates were at their highest this past year, I want to say eight doors at 0%. I got a duplex, I got a quadplex, and another duplex.

0%. I got one property in Pennsylvania. We sell our finances deal. I'm paying the homeowner $500 a month. All right, it's a duplex. Mm-hmm I'm making 2100 a month off damn off of that off of that duplex. It's like a thousand each door Yeah, it's not 3500 each door But when you look at how much I put to get it because I put nothing to get it We made a deal with the guy Hey

If we sell this deal because, because most realtors suck. No offense to my realtors. Some of you are good, but some of you just jumped in for the money because you thought it would be easy. But the realtor couldn't sell his house. And we said, hey, man, this is actually a good deal. We can sell this house.

If you sell us this one, or if we can sell this one, you give us this other one on seller finance terms, just $500 a month. We sold the other one, made $40,000 off of it, and then gave us the duplex for just 500 bucks a month we sold the other one made 40,000 off of it and then why gave us the duplex for just 500 bucks win-win win-win and it who like if I say stuff like that what are most people he's capping yeah he's capping pro it's out here you got the receipts got the receipts man I love that yeah you listen to pace more being all these guys man like I love that. Yeah, listen to pace more being all these guys man like

We're really out here Yeah, he does the sub to stuff. I tried to do it. It's pretty hard sub to I haven't done a sub to do actually Not my favorite strategy, but it can work for me. It's more of like an like an entry. Yeah, right? That's how I treat I don't see it as a long-term. Let me sub to this for 30 years I see it more so as like a balloon. OK, let me get in here just because it's easy to get in right now. And then in three years, maybe we'll get out of this or something.

That's kind of how I look at it. That makes sense. Yeah, shout out to Pace. You need to start a deed show or something where you just hunt these deals down. Oh, man. You got me started right out there. That's how him and Jamil blew up, right, with their show,

flipping houses. No, they do good stuff. Oh, they're crushing it. Yeah, shout out to those guys. Well, where can people find you, man, and learn more? On every platform, Tax Deed Wolf. On Instagram, Tax Deed Wolf CEO. If you have any questions, just don't hesitate to reach out.

Website, taxdeedwolfacademy.com. But the worst thing you can do is just sit there and do absolutely nothing All right, so just get started and stay consistent and keep grinding and believe in yourself and you'll make it to the top I love it. We'll link it below. Thanks for coming on man. Yeah. Thanks for watching guys. Check out the link. See you next time Bet MGM is an official sports betting partner of the National Hockey League and has your back all season long. From puck drop to the final shot, you're always taken care of with the sportsbook Born in Vegas.

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