Distressed to Success: Conversations with Community Transformation Leaders
Brian Seidensticker
2 episodes
1 month ago
Distressed to Success is a podcast that discovers how savvy investors and entrepreneurs are profitably transforming underserved communities through strategic investment and innovative business models. Host Brian Seidensticker, Co-Founder of Last Best Partners, interviews local developers, business leaders, entrepreneurs, and investment professionals who have successfully brought private capital into distressed areas while generating sustainable returns.
From Low Income Housing Tax Credits to creative financing solutions, each episode uncovers actionable strategies for identifying investment opportunities that deliver both financial returns and meaningful community revitalization. Learn from leaders who have transformed cities like Detroit, Cleveland, and Memphis through profitable ventures that create lasting community improvement.
Whether you're a high-net-worth investor, local developer, or community development professional, discover how to turn distressed assets into thriving neighborhoods while building sustainable businesses that benefit both your portfolio and your community.
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Distressed to Success is a podcast that discovers how savvy investors and entrepreneurs are profitably transforming underserved communities through strategic investment and innovative business models. Host Brian Seidensticker, Co-Founder of Last Best Partners, interviews local developers, business leaders, entrepreneurs, and investment professionals who have successfully brought private capital into distressed areas while generating sustainable returns.
From Low Income Housing Tax Credits to creative financing solutions, each episode uncovers actionable strategies for identifying investment opportunities that deliver both financial returns and meaningful community revitalization. Learn from leaders who have transformed cities like Detroit, Cleveland, and Memphis through profitable ventures that create lasting community improvement.
Whether you're a high-net-worth investor, local developer, or community development professional, discover how to turn distressed assets into thriving neighborhoods while building sustainable businesses that benefit both your portfolio and your community.
Brad Westover's 30-Year Journey: From Tax Sale Novice to Industry Leader
Distressed to Success: Conversations with Community Transformation Leaders
42 minutes 9 seconds
1 month ago
Brad Westover's 30-Year Journey: From Tax Sale Novice to Industry Leader
Join Brian as he sits down with longtime industry colleague Brad Westover, Executive Director of the National Tax Lien Association (NTLA) - the only nonprofit organization working to improve the tax sale space. In this episode of Distressed to Success, Brad shares his remarkable 30-year journey from college graduate to industry leader, including his role in passing California tax lien legislation and managing $1.5 billion in investments across 22 states.
What You'll Learn:
How the tax lien industry was founded in 1996-1997 by two rival companies that couldn't even be in the same room together
The basics of tax lien investing are explained in simple terms - what happens when property owners don't pay their taxes
Why 29 states, plus Washington, DC, allow private investors to purchase tax liens
The critical role tax lien sales play in helping local governments balance budgets and fund essential services
Major challenges facing the industry, including a significant Supreme Court case coming in 2026
Why property tax abolition efforts in Ohio and Florida could be devastating for local communities
Key Timestamps:
[01:23] - Brad's origin story in the tax lien space
[07:55] - Tax liens explained for beginners
[36:46] - Discussion of Montana agriculture and working lands
[38:08] - The inspiring story of Franz Wisner
[42:26] - Industry challenges and the 2026 Supreme Court case
Get in touch with Brad
Executive Director, National Tax Lien Association
(NTLA) Email: BPWestover@NTLA.org
Website: NTLA.org
LinkedIn: https://www.linkedin.com/in/brad-westover-realtor/
Resources Mentioned
"The 16% Solution" by Joel Moskowitz - A foundational text in tax lien investing, written about 30 years ago, still considered essential reading for understanding the industry basics
"Honeymoon with My Brother" by Franz Wisner - An inspiring story about turning life's setbacks into opportunities; movie rights sold to Sony Pictures for $1 million
Get in touch with Brian
Last Best Partners' Website: https://www.lastbestpartners.com/
Brian's LinkedIn: https://www.linkedin.com/in/brian-seidensticker-90117021
Podcast LinkedIn Page: https://www.linkedin.com/in/brian-seidensticker-90117021/
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Distressed to Success: Conversations with Community Transformation Leaders
Distressed to Success is a podcast that discovers how savvy investors and entrepreneurs are profitably transforming underserved communities through strategic investment and innovative business models. Host Brian Seidensticker, Co-Founder of Last Best Partners, interviews local developers, business leaders, entrepreneurs, and investment professionals who have successfully brought private capital into distressed areas while generating sustainable returns.
From Low Income Housing Tax Credits to creative financing solutions, each episode uncovers actionable strategies for identifying investment opportunities that deliver both financial returns and meaningful community revitalization. Learn from leaders who have transformed cities like Detroit, Cleveland, and Memphis through profitable ventures that create lasting community improvement.
Whether you're a high-net-worth investor, local developer, or community development professional, discover how to turn distressed assets into thriving neighborhoods while building sustainable businesses that benefit both your portfolio and your community.
