In this episode of Real Returns, host Andrew Reichert sits down with Adam Taki, President of Actlien Holding Inc. and a specialist in the complex world of tax sale certificates. A disciplined investor with a background in "arithmetic risk," Adam is on a mission to navigate high-barrier niches where perceived risk often scares away the competition, but the numbers tell a much more stable story.
Adam shares why his tax-lien investing strategy is similar to bonds, explains why his company is vertically integrating by launching its own plumbing division, and offers a unique perspective on the Tyler v. Hennepin Supreme Court decision that upended the tax foreclosure industry.
Timestamps:
00:00 - Opening Segment
01:40 - Scaling through Vertical Integration: Why Actlien is starting a plumbing division
03:20 - Why building is better than buying in 2026
05:25 - Tax Liens 101
08:45 - Geographic Strategy: Navigating the complexities of the NY and NJ markets
11:30 - The Institutional Shift: Trends in single-family residential ownership
14:15 - The Social Impact of Tax Liens: Extending credit to save homes from foreclosure
18:30 - Tyler v. Hennepin: How a landmark Supreme Court ruling changed the industry
22:15 - Arithmetic vs. Perceived Risk: Adam's philosophy on finding niche opportunities
23:30 - Closing Segment
"At the end of the day, the thing that we're investing in looks and smells like a bond more than it ever has." — Adam Taki
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Connect with Adam:
LinkedIn: / adamtaki
Website: https://actlien.com/
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