• Report: #996388

Complaint Review: Ted Thomas Tax Lien Tax Deed

  • Submitted: Mon, January 14, 2013
  • Updated: Mon, January 14, 2013

  • Reported By: JoeBlog — san jose California United States of America
Ted Thomas Tax Lien Tax Deed
3710 N. Courtenay Parkway Suite 106 Merritt Island, Florida United States of America

Ted Thomas Tax Lien Tax Deed AVOID, SCAM - Ted Thomas Tax Lien Tax Deed Merritt Island, Florida

*Author of original report: Did

*REBUTTAL Owner of company: No Issues with Ted or his Team

*Consumer Comment: Ted Thomas in Asia

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I bought his tax lien program because he said he'd fund deals if I do all the work.  And like a fool, I believed him.

- I do all work, mail him all information [tax deed auction, drive by home, verify still exist, print out title report, CMA [comparable market home value], photos, etc. 

Three days before tax deed auction, we'd talk on phone to discuss how much to bid on what homes.  Two days before auction, he said  he'd overnight mail me cashier's check, payable to county auction city.  I completed all this work for at least 4 counties, at least 30 homes per county, min of $840,094.25 I couldn't made for us ** IF ** he didn't lie.  

I can provide proof of everything -
-- photos I took
-- title reports I printed
-- receipt paid to print photos
-- overnight delivery mail service to mail all this to him
-- emails w/ his secretary to confirm he received them
-- cell phone bills that we talked,
-- auction county registration form, receipts
-- hotels I stayed at night before auction sale
-- etc. 

please - avoid this snake oil.  .. 

This report was posted on Ripoff Report on 01/14/2013 12:27 AM and is a permanent record located here: http://www.ripoffreport.com/r/Ted-Thomas-Tax-Lien-Tax-Deed/Merritt-Island-Florida-32953/Ted-Thomas-Tax-Lien-Tax-Deed-AVOID-SCAM-Ted-Thomas-Tax-Lien-Tax-Deed-Merritt-Island-996388. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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REBUTTALS & REPLIES:
1Author 1Consumer 1Employee/Owner
Updates & Rebuttals

#1 Author of original report

Did

AUTHOR: - ()

The fact that tax liens and deeds work is not the issue.  There are other people who sell it too.  

He didn't fund deals as he promised.  When I bought it from him, he said he's fund deals if we [the audience he was speaking to at John Burley's real estate bootcamp – John is legitimate, man of integrity, keeps his promises].  On more than 1 occasion, after doing all the work [and yes, it's a lot of work to prepare to bid at a public auction], he didn't return my phone, send money-order check to bid even after we discussed what property to bid on and how much would be the maximum.  

He's a scam - he said he'd fund deals to tell more of his programs, thinking that most would buy it and let it collect dust.  Not me - when I did all the work, called him to verify what's the max price to bid on, he didn't come through, broke his promise, shattered his integrity, left me high and dry.  I lost time and money doing all the research, driving all around the states, hotel, etc. expense.  

He's a scam.   Wish I never bought, never met him - lied, is not trustworthy, gave false hope.  

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#2 REBUTTAL Owner of company

No Issues with Ted or his Team

AUTHOR: Standard28 - (Singapore)

I invested in Ted Thomas Tax Lien and Deed Home Study Course in Jan 2015 in Singapore.  I ended up investing close to 4,000 SG at a Success Resources event.  The demand for his course was amazing.  Ted explained how this was one of his first times in Asia, and since the counties have gone online, we can do it from the comfort of our home.


It took us a few weeks to get started since there is alot of information.  Ted's team was always there to answer my questions.  It's been over 9 months since I bought his system, and he is always updating it, but adding more videos or new information.  


I've only done a few deals since meeting Ted 9 months ago, but many in my class have done more. A few of them haven't even open the books or gone online.  


Overall, I would highly recommend this course, but only if you can take about 90 days to go through everything.  If you are looking for some overnight success, this def. is not the course for you.


 


 

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#3 Consumer Comment

Ted Thomas in Asia

AUTHOR: Standard28 - (Singapore)

I just met Ted Thomas at an event in Singapore in January 2015.  I ended up investing close to 4,000 SG in his home study course. 

At first I was overwhelmed at all the information.  His team walked me through everything in the next few weeks.  In less than 90 days, I purchased my first Tax Deed online in Florida.  I was able to buy it at about 15 cents on the dollar.  Over the next few months, Ted has come back to Singapore a few times to support me and the other students.  I would say that I'm one of the slower students, but I keep at it. There are other students who are getting incredible results.

I just want to say,Ted, you helped me avoid the traps, your CD’s and DVD’s are well thought out and the information is terrific. 16% in Arizona, I know that it's more that my bank is paying.  

To those wondering if the system is right for them, all I can say, is that you need to learn the basics and it might take you a few months to do that.  Ted and his team have always been straight forward.  This is def. not some get rich quick internet scam.  Thanks

 

 

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