Digital Social Hour
The $500 House Hack That'll Change Your Life | Joseph Griffin DSH #1041
01 Jan 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: [email protected] 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/
Full Episode
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, 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 they'll give up. People will work for 40 years for somebody else, but they can't give themselves three years. All right, guys. Digital Social Hour in the new studio. Joseph Griffin here today, and we're talking tax deeds. Yes, sir. 1,200 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 because 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. County's going to come. They're going to take that property. You're going to sell it as some form of auction. This has actually been going on for a very long time. If you watch like 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 I became an RN. And I had a little bit of money as an RN, and I'm like, man, I need to get into real estate. That's what all the other millionaires are doing. 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 $3,000. Wow. My second, in the same month, $1,900. Holy crap. And at the same time, used 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 printer. Oh, yeah. So you made more in a month than you did your whole life. Yeah. Well, technically, yeah, because when I finally sold that house that I got, 200K profit. Whoa. Yeah, I got it at like 70,000. I sold it at like 300,000. 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?
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