Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago on . Most recent reply

User Stats

16
Posts
1
Votes
Brian Smartt
  • Queen Creek, AZ
1
Votes |
16
Posts

Detroit Homes?

Brian Smartt
  • Queen Creek, AZ
Posted

Hi, my name is Brian and I use to be on here years ago, but some unfortunate things came up and forced me away for a few years. During this time I was given 2 homes in Detroit from a friend (at the time). I paid $495.00 to have both deeds put in my name. That's all I was out of pocket. However, I found out both houses have back taxes with Wayne's County. I've negotiated the taxes to about 25% of what I owe.

My questions are: Is it worth paying the back taxes? The houses look in heavily used shape and probably have been vacant for years. I looked up last sale on them and one was $1,100 and the other was $710! What should I do with these homes? I live between AZ and CA. Any thoughts or ideas would be greatly appreciated.

Locations:

12116 Burt Road, Detroit, MI 48228  - back taxes $7558.xx

11373 Camden, Detroit, MI 48213 - back taxes $6027.xx

Most Popular Reply

User Stats

11
Posts
8
Votes
Eric Emerson
  • Wholesaler
  • Commerce Township, MI
8
Votes |
11
Posts
Eric Emerson
  • Wholesaler
  • Commerce Township, MI
Replied

Brian,
I will be near Burt Rd tomorrow and I can drive by and let you know what I see and think. I will take a few pictures. I believe this is directly across the street from the golf course and a couple blocks from a new charter school but this is still Brightmoor or very close to Brightmoor. What was the address of the other property?

Loading replies...