Building the Tax Sale Flywheel with Brian Seidensticker — Part 2 - #11

Building the Tax Sale Flywheel with Brian Seidensticker — Part 2 - #11

In the second part of their conversation on The Innovative Investor Podcast, Stephen speaks with Brian Seidensticker about the evolution, and revolution, of the tax lien and deed markets.  Brian walks us through his early efforts with Vision Trade Desk, launched in 2012 to broker secondary market portfolios of tax liens at the height of post-recession “gluttony” of supply. Fast-forward to today, and Brian explains why most secondary trades have dried up: sellers know their buyers and middlemen simply aren’t needed unless you can automate the transaction and overcome per-lien cost hurdles.  From there, the conversation shifts to Mountain North Capital, Brian’s passive tax-deed fund for accredited investors. He outlines how Mountain North partners with boots-on-the-ground operators under a profit-share model, supercharges selection with historical data and AI analytics, and has structured three fund rounds, including a levered vehicle that brings bank-like financing to smaller operators.  The episode also tackles seismic legal and regulatory shifts. Brian and Stephen unpack the looming Supreme Court decision in Pung v. Isabella County and debate whether a remand on “just compensation” will cripple pure tax-deed strategies or spur counties to pause auctions and redefine market value.  They touch on Louisiana’s new 2026 tax-sale law, hailed as a “perfect solution” that balances investor returns with owner protections, and chart how AI is reshaping property-level underwriting, title clarity and auction forecasts.  Throughout, Brian and Stephen stress that the sandbox is big enough for multiple platforms, and that education, transparency and smart technology partnerships are key to bringing more investors into this $20-plus billion market. Timestamps 1. Secondary Market Trends for Tax Liens – 00:00:00 2. Mountain North Capital’s Passive Tax Deed Investment Model – 00:15:00 3. Potential Impact of Pung v. Isabella County Supreme Court Ruling – 00:35:00 4. Louisiana’s 2026 Tax Sale Law Overhaul and Industry Implications – 00:50:00 5. Integrating AI into Tax Sale Investing – 01:05:00 Get in Touch with Stephen and Brian Seidensticker Website: https://jurisdeed.com/ [https://jurisdeed.com/]Waitlist: https://jurisdeed.com/waitlist [https://jurisdeed.com/waitlist]Stephen's LinkedIn: https://www.linkedin.com/in/stephenmorel-jd/ [https://www.linkedin.com/in/stephenmorel-jd/]Brian’s LinkedIn: https://www.linkedin.com/in/brian-seidensticker-90117021/ [https://www.linkedin.com/in/brian-seidensticker-90117021/]Tax Sale Resources: https://www.taxsaleresources.com/ [https://www.taxsaleresources.com/]Last Best Partners: https://www.lastbestpartners.com/ [https://www.lastbestpartners.com/]Mount North Capital: https://www.lastbestpartners.com/companies/mount-north-capital [https://www.lastbestpartners.com/companies/mount-north-capital] JurisDeed's Facebook Page: https://www.facebook.com/people/JurisDeed/61591556170042/ [https://www.facebook.com/people/JurisDeed/61591556170042/] Additional Resources Mentioned Episode with Matt Abee: https://podcasts.apple.com/us/podcast/ahead-of-the-ruling-nelson-mullins-matt-abee-on-pung/id1877715388?i=1000758668745 [https://podcasts.apple.com/us/podcast/ahead-of-the-ruling-nelson-mullins-matt-abee-on-pung/id1877715388?i=1000758668745] And if you love the show, subscribe to follow it! If you're investing in Louisiana tax sales under the 2026 rules, you need legal and asset management partners who specialize in this niche: Quiet Title Litigation – TDLG (Tax Deed Legal Group) After your redemption period expires, TDLG forecloses your lien so you can recover your investment with confidence. Louisiana-licensed attorneys with deep expertise in tax sale law handle all litigation, notice requirements, and foreclosure proceedings. Website: www.taxdeedlegal.com [http://www.taxdeedlegal.com]Email: info@taxdeedlegal.com Asset Liquidation & Management – DeedWolf Holding an unredeemed lien with partial ownership? DeedWolf handles secondary market lien transfers, partition auction representation, REO management, professional property marketing, and liquidation to maximize your recovery. Website: www.deedwolf.com [http://www.deedwolf.com]Email: info@deedwolf.com

Systems Thinking in Tax Sales: Brian Seidensticker on Solving Big Data Challenges — Part 1 - #10

In Part 1 of this conversation on The Innovative Investor Podcast, Stephen speaks with Brian Seidensticker, a former aerospace engineer turned tax-sale industry innovator who is currently the co-founder of Last Best Partners and CEO of Tax Sale Resources.  Brian shares how a “holy-crap” moment when he received a notice that his own home in Montana could be lost to unpaid taxes, pushed him out of missile defense and into fix-and-flip, and ultimately into building the country’s most comprehensive tax-sale data platform.  He tells Stephen about launching Tax Sale Resources as a side project, stepping away when it outpaced his own investing, and then returning years later as co-founder of Last Best Partners and Mountain North Capital, where he now deploys that same systems-engineering mindset to manage millions of distressed‐property opportunities each year.  Together, they explore the unique lens a systems engineer brings to tax-sale investing, zooming out to see every piece of the puzzle, from jurisdiction layers and auction calendars to parcel details, and then zooming in to automate what used to require teams of fifty analysts at dozens of county websites.  Brian explains how Tax Sale Resources aggregates data from over 5,000 jurisdictions, tracks 9,000+ auctions and 2–3 million parcels weekly, and lets investors filter for precise asset classes (yes, even bowling alleys nationwide) with a few clicks. By unifying state, county, and municipal complexities into one intuitive platform, Brian shows how modern investors can go from hundreds of tedious Excel look-ups to targeted, scalable portfolios—freeing up time to focus on strategy rather than data entry.  Whether you’re just starting delinquent‐tax investing or looking to scale up your fund, this conversation offers a roadmap for leveraging technology, data and process design to unlock the wealth in property debt. Timestamps 1. Brian’s journey from aerospace engineer to tax-sale industry leader – 04:00 2. Launch and growth of the Tax Sale Resources data platform – 11:30 3. Applying systems-engineering thinking to real-estate investing – 18:15 4. Overcoming county- and state-level data fragmentation – 24:20 5. How the platform boosts investor speed and accuracy – 29:50 Get in Touch with Stephen and Brian Seidensticker Website: https://jurisdeed.com/ [https://jurisdeed.com/]Waitlist: https://jurisdeed.com/waitlist [https://jurisdeed.com/waitlist]Stephen's LinkedIn: https://www.linkedin.com/in/stephenmorel-jd/ [https://www.linkedin.com/in/stephenmorel-jd/]Brian’s LinkedIn: https://www.linkedin.com/in/brian-seidensticker-90117021/ [https://www.linkedin.com/in/brian-seidensticker-90117021/]Tax Sale Resources: https://www.taxsaleresources.com/ [https://www.taxsaleresources.com/]Last Best Partners: https://www.lastbestpartners.com/ [https://www.lastbestpartners.com/]Mount North Capital: https://www.lastbestpartners.com/companies/mount-north-capital [https://www.lastbestpartners.com/companies/mount-north-capital] JurisDeed's Facebook Page: https://www.facebook.com/people/JurisDeed/61591556170042/ [https://www.facebook.com/people/JurisDeed/61591556170042/] And if you love the show, subscribe to follow it! If you're investing in Louisiana tax sales under the 2026 rules, you need legal and asset management partners who specialize in this niche: Quiet Title Litigation – TDLG (Tax Deed Legal Group) After your redemption period expires, TDLG forecloses your lien so you can recover your investment with confidence. Louisiana-licensed attorneys with deep expertise in tax sale law handle all litigation, notice requirements, and foreclosure proceedings. Website: www.taxdeedlegal.com [http://www.taxdeedlegal.com]Email: info@taxdeedlegal.com Asset Liquidation & Management – DeedWolf Holding an unredeemed lien with partial ownership? DeedWolf handles secondary market lien transfers, partition auction representation, REO management, professional property marketing, and liquidation to maximize your recovery. Website: www.deedwolf.com [http://www.deedwolf.com]Email: info@deedwolf.com

Demystifying Tax Deeds with Brenda Flatter, VP of National Sales at US Tax Deed Solutions - #9

In this episode of The Innovative Investor Podcast, Stephen speaks with Brenda Flatter, Vice President of National Sales at US Tax Deed Solutions and Executive Director of Title and Abstract Agency of America. With over 25 years in the field, she is known for her client relations skills and expertise in title and escrow services. Brenda traces her journey from selling title reports in Indiana’s 90-county tax deed market to building a national tax certification product that fast-tracks insurable closings without the expensive, time-consuming quiet title action.  She explains how the proprietary process you’ve probably never heard of convinces skeptical underwriters to insure post-tax-deed properties in 16 states and why title insurance is the crucial choke point in turning distressed real estate into a clear, marketable title.  Together, Stephen and Brenda dig into the landmark Tyler and pending Pung Supreme Court cases, why eliminating government surplus pockets won’t derail tax deeds, but broad new “state actor” rulings might expose investors to constitutional just-compensation claims.  Brenda shares how US Tax Deed Solutions partners with national underwriters to assume risk, shore up state-by-state statutes, and shore up pipelines of business for title agents. She closes with practical tips for lien investors weighing a move into deeds, the growing threat of vacant-land fraud, and why communities nationwide depend on tax-deed buyers as stewards of local infrastructure and schools.  Timestamps 1. Brenda Flatter’s “aha” moment spotting title insurance as the choke-point in tax deeds – 01:07  2. Why a state-issued tax deed still leaves a cloud on title (due-process notice issue) – 03:43  3. US Tax Deed Solutions’ “tax certification” alternative to the lengthy quiet-title action – 10:36  4. How to build trust and get national underwriters to insure tax deeds – 15:23  5. Impact of the Tyler and Pung Supreme Court cases on title insurance risk – 25:18 Get in Touch with Stephen and Brenda Flatter Website: https://jurisdeed.com/ [https://jurisdeed.com/]Waitlist: https://jurisdeed.com/waitlist [https://jurisdeed.com/waitlist]Stephen's LinkedIn: https://www.linkedin.com/in/stephenmorel-jd/ [https://www.linkedin.com/in/stephenmorel-jd/]Brenda's LinkedIn: https://www.linkedin.com/in/brendaflatter [https://www.linkedin.com/in/brendaflatter]Email: bflatter@logs.com  [bflatter@logs.com] Contact: +1 (574) 855-8968  US Tax Deed Solutions: https://www.ustaxdeedsolutions.com/ [https://www.ustaxdeedsolutions.com/]Title and Abstract Agency of America: https://www.titleandabstract.com/ [https://www.titleandabstract.com/] JurisDeed's Facebook Page: https://www.facebook.com/people/JurisDeed/61591556170042/ [https://www.facebook.com/people/JurisDeed/61591556170042/] Matt Abee's Pung v Isabella County episode: https://youtu.be/22NIdaM2G9w And if you love the show, subscribe to follow it! If you're investing in Louisiana tax sales under the 2026 rules, you need legal and asset management partners who specialize in this niche: Quiet Title Litigation – TDLG (Tax Deed Legal Group) After your redemption period expires, TDLG forecloses your lien so you can recover your investment with confidence. Louisiana-licensed attorneys with deep expertise in tax sale law handle all litigation, notice requirements, and foreclosure proceedings. Website: www.taxdeedlegal.com [http://www.taxdeedlegal.com]Email: info@taxdeedlegal.com Asset Liquidation & Management – DeedWolf Holding an unredeemed lien with partial ownership? DeedWolf handles secondary market lien transfers, partition auction representation, REO management, professional property marketing, and liquidation to maximize your recovery. Website: www.deedwolf.com [http://www.deedwolf.com]Email: info@deedwolf.com

Ahead of the Ruling: Nelson Mullins’ Matt Abee on Pung v Isabella County - #8

In this episode of The Innovative Investor Podcast, Stephen speaks with Matt Abee, partner at Nelson Mullins Riley & Scarborough, about a landmark Supreme Court fight that could redraw the rules of tax sale investing nationwide. Stephen and Matt trace the journey from last year’s Tyler v. Hennepin County decision to the current Pung v. Isabella County case, explaining why a Michigan family’s fight over a $2,000 tax bill and $76,000 auction “surplus” could end up redefining what counts as “just compensation” under the Takings Clause. Drawing on Matt’s deep experience representing tax lien investors, mortgage servicers, and financial institutions in more than 30 states, they unpack how the court might weigh fair market value versus auction proceeds, and why that distinction matters to both deed-state and lien-state players. As the justices pressed on issues of auction fairness, due process, and the homeowner’s own role in triggering a tax sale, Matt lays out three possible outcomes, from a sweeping new rule that forces states to pay full market value, to a narrower “fairness-of-auction” standard that sends cases back for fact-finding at the lower-court level. Along the way, they explore how different states have built wildly diverse sales processes (South Carolina’s administrative treasurer versus North Carolina’s full‐blown judicial foreclosure) and why investors must now consider not only the upside of a lien purchase but also the looming risk of constitutional claims. With the Supreme Court’s decision expected soon, Matt and Stephen offer practical advice on how to assess legal exposure, partner with the right counsel, and stay ahead of a ruling that could “spell the end of tax sales in America,” as the Solicitor General warns. Whether you’re a seasoned portfolio manager or just getting started in tax-linked real estate debt, this conversation makes one thing clear: the future of tax sale investing is no longer solely about yield or location, but about legal intelligence and process, knowing when an auction is truly fair, when to bid, and when to walk away. Tune in for expert insight on Pung’s high-stakes cert petition, learn how to fortify your underwriting, and discover why the best investors of tomorrow will be those who understand both title and tea leaves. Timestamps 1. Overview of Pung v Isabella County and why it matters for tax-sale investors – 00:02 2. How Pung differs from Tyler v Hennepin on tax-sale takings – 02:07 3. Facts of the Pung dispute: principal-residence exemption, $2 K debt, $76 K sale vs. $194 K FMV claim – 05:00 4. Key takeaways from the Feb 25 Supreme Court arguments (fairness of auction, issue preservation) – 13:21 5. Likely SCOTUS outcome and what lien- and deed-state investors need to know – 20:49 Get in Touch with Stephen and Matt Abee * Website: https://jurisdeed.com/ [https://jurisdeed.com/] * Waitlist: https://jurisdeed.com/waitlist [https://jurisdeed.com/waitlist] * Stephen's LinkedIn: https://www.linkedin.com/in/stephenmorel-jd/ [https://www.linkedin.com/in/stephenmorel-jd/] * Matt's LinkedIn: https://www.linkedin.com/in/matthew-a-abee-3631832b/ [https://www.linkedin.com/in/matthew-a-abee-3631832b/] * Nelson Mullins: https://www.nelsonmullins.com/ [https://www.nelsonmullins.com/] * JurisDeed's Facebook Page: https://www.facebook.com/people/JurisDeed/61591556170042/ [https://www.facebook.com/people/JurisDeed/61591556170042/] Cases Mentioned * Pung v. Isabella: https://www.nelsonmullins.com/insights/alerts/additional_nelson_mullins_alerts/all/u-s-supreme-court-hears-arguments-in-pung-v-isabella-county [https://www.nelsonmullins.com/insights/alerts/additional_nelson_mullins_alerts/all/u-s-supreme-court-hears-arguments-in-pung-v-isabella-county] * Tyler v. Hennepin County: https://www.supremecourt.gov/opinions/22pdf/22-166_8n59.pdf [https://www.supremecourt.gov/opinions/22pdf/22-166_8n59.pdf] * Mennonite Board of Missions v. Adams: https://www.law.cornell.edu/supremecourt/text/462/791 [https://www.law.cornell.edu/supremecourt/text/462/791] And if you love the show, subscribe to follow it! If you're investing in Louisiana tax sales under the 2026 rules, you need legal and asset management partners who specialize in this niche: Quiet Title Litigation – TDLG (Tax Deed Legal Group) After your redemption period expires, TDLG forecloses your lien so you can recover your investment with confidence. Louisiana-licensed attorneys with deep expertise in tax sale law handle all litigation, notice requirements, and foreclosure proceedings. Website: www.taxdeedlegal.com [http://www.taxdeedlegal.com] Email: info@taxdeedlegal.com Asset Liquidation & Management – DeedWolf Holding an unredeemed lien with partial ownership? DeedWolf handles secondary market lien transfers, partition auction representation, REO management, professional property marketing, and liquidation to maximize your recovery. Website: www.deedwolf.com [http://www.deedwolf.com] Email: info@deedwolf.com

The Future of Tax Lien Investing: Secondary Markets and Portfolio Strategies - #7

In this episode of The Innovative Investor Podcast, Stephen Morel speaks with co-host George Jackson, and the co-founder of JurisDeed. They wrap up their deep dive into Louisiana’s 2026 tax sale reforms and use it as a springboard to explore how these changes are reshaping tax-lien investing nationwide.  From managing dual-track laws to avoiding the pitfalls of one-off deals, Stephen and George stress the importance of viewing tax liens as a true asset class, complete with grading systems, tiered strategies, and disciplined capital allocation. Together, they walk through the evolution of enterprise-level portfolio planning and the tools that JurisDeed has built to simplify what was once the “least passive” investment in real estate.  You’ll learn why structuring your acquisitions with clear risk tiers, based on lien amount, property type, and location, can mean the difference between realizing those headline-making returns or getting stuck with unwanted liabilities. They also share how artificial intelligence is poised to predict redemption rates, how to prepare for seven-year enforcement deadlines in Louisiana, and why building in reserves for subsequent taxes and legal costs is non-negotiable.  Looking ahead, Stephen and George tease JurisDeed’s upcoming secondary marketplace for unredeemed liens, which promises to unlock long-stalled capital and bring new liquidity to investors of all sizes.  Whether you’re a mom-and-pop operator or running a multi-state fund, you’ll walk away with actionable insights on streamlining operations, reducing overhead, and positioning your portfolio for professional-level results.  Tune in to stay ahead of Supreme Court rulings, see how evolving state laws affect your strategy, and get the inside track on JurisDeed’s next-generation platform. Timestamps 1. Portfolio Management Strategies Under Louisiana’s New 2026 Tax Sale Laws – 04:05 2. Tiering Capital Allocation & Property Grading for Risk/Return Optimization – 08:40 3. Impact of Louisiana’s Seven-Year Statute of Limitations on Liens – 14:15 4. Overcoming Fragmented Service Providers with a Centralized Platform (JurisDeed) – 18:00 5. 5. Building a Secondary Marketplace for Unredeemed Liens & Improved Liquidity – 21:30 Get in Touch with Stephen and George Website: https://jurisdeed.com/ [https://jurisdeed.com/]Waitlist: https://jurisdeed.com/waitlist [https://jurisdeed.com/waitlist]Stephen’s LinkedIn: https://www.linkedin.com/in/stephenmorel-jd/ [https://www.linkedin.com/in/stephenmorel-jd/]George’s LinkedIn: https://www.linkedin.com/in/george-jackson-3bbb11aa/ [https://www.linkedin.com/in/george-jackson-3bbb11aa/] JurisDeed's Facebook Page: https://www.facebook.com/people/JurisDeed/61591556170042/ [https://www.facebook.com/people/JurisDeed/61591556170042/] And if you love the show, subscribe to follow it! If you're investing in Louisiana tax sales under the 2026 rules, you need legal and asset management partners who specialize in this niche: Quiet Title Litigation – TDLG (Tax Deed Legal Group) After your redemption period expires, TDLG forecloses your lien so you can recover your investment with confidence. Louisiana-licensed attorneys with deep expertise in tax sale law handle all litigation, notice requirements, and foreclosure proceedings. Website: www.taxdeedlegal.com [http://www.taxdeedlegal.com]Email: info@taxdeedlegal.com Asset Liquidation & Management – DeedWolf Holding an unredeemed lien with partial ownership? DeedWolf handles secondary market lien transfers, partition auction representation, REO management, professional property marketing, and liquidation to maximize your recovery. Website: www.deedwolf.com [http://www.deedwolf.com]Email: info@deedwolf.com