Understanding Tax Lien and Deed Investing with Brian Seidensticker

In this episode of Mission Matters Business Podcast, host Adam Torres welcomes Brian Seidensticker, founder of Last Best Partners LLC and Mount North Capital, to discuss tax lien and tax deed investing—a niche but powerful alternative investment strategy. Brian shares his journey from aerospace engineering to discovering tax lien investing after a property flip gone wrong in Montana during the 2007–2008 financial crisis. He explains how tax liens work as secured loans to governments, offering investors returns of 10% or more, with the potential to acquire property through foreclosure if taxes remain unpaid. He contrasts this with tax deed investing, where investors directly purchase property at auction, which has become more viable post-Supreme Court rulings that closed loopholes in earlier systems. Brian highlights how the space has evolved from a fragmented, information-poor environment to one with accessible platforms like TaxSellResources.com, which aggregates data from thousands of auctions annually. He then discusses the creation of his $62 million fund, designed for accredited investors who want exposure to tax deed opportunities without the operational burden of individual investing. The episode underscores the importance of due diligence, risk awareness, and leveraging expertise in this complex but rewarding asset class.