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Updated about 5 years ago,

Daniel Kramer's profile image
Daniel Kramer's profile image
Daniel Kramer
  • Rental Property Investor
  • from Toledo, OH
  • Member since Jan 4, 2019
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User Stats

115
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72
Votes
Daniel Kramer's profile image
Daniel Kramer's profile image
Daniel Kramer
  • Rental Property Investor
  • from Toledo, OH
  • Member since Jan 4, 2019
Connect
Daniel Kramer
  • Rental Property Investor
  • Toledo, OH
72
Votes |
115
Posts
Land & New Construction

Development Land in Tax Foreclosure

Daniel Kramer
  • Rental Property Investor
  • Toledo, OH
Posted

I focus on the BRRR strategy for small residential properties, but stumbled upon a good piece of land that is listed on our sheriff's sale list for tax foreclosure. The land is in a desirable suburb with other new development, and the owner being foreclosed on is actually a developer. Is there any reason why a developer would abandon a piece of land and just stop paying taxes?

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